U.S. Housing Market
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
FCP has retained Greystar to manage the property. Continue Reading FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
The residence, which was custom-built in 2002 for Jones, features five bedrooms, 12 bathrooms, and five half-bathrooms. Continue Reading Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
The announcement was framed by having Newsom as a change agent for affordability. Continue Reading Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
Home Affordability in Q4 Remained Mostly Elusive
ATTOM added the median sales price of a home has risen 54% over the past five years while typical wages only increased by 29%. Continue Reading Home Affordability in Q4 Remained Mostly Elusive
Beeline Launches Stablecoin-Backed Home Equity Product
Beta transactions starting this month and an official rollout is scheduled for late July. Continue Reading Beeline Launches Stablecoin-Backed Home Equity Product
New Bill Would Eliminate Property Taxes for Maine’s Seniors
Property tax rates in Maine average 1.17%, above the national average of 0.9%. Continue Reading New Bill Would Eliminate Property Taxes for Maine’s Seniors
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Southern metro areas have seen the most significant growth in wealthy renters. Continue Reading Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Mortgage Application Activity Slows for Third Straight Week
Among the federal programs, the FHA share of total applications increased to 18.7% from 17.9% the week prior. Continue Reading Mortgage Application Activity Slows for Third Straight Week
Richmond American Homes to Build New Community in Jacksonville
Laurelton will feature single- and two-story homes priced from the $400,000s. Continue Reading Richmond American Homes to Build New Community in Jacksonville
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
Utah’s Largest Mansion Goes Up for Auction This Week
The residence includes a dining room table that can seat up to 42 people and a home theater that can accommodate up to 62 movie lovers. Continue Reading Utah’s Largest Mansion Goes Up for Auction This Week
North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
The county’s budget includes pay raises from 1% to 3.5% for 5,000 public employees. Continue Reading North Carolina’s Wake County Votes to Raise Property Taxes, Cut Affordable Housing
Listings Go Live at Brooklyn’s Tallest Residential Tower
The Brooklyn Tower features 143 luxury condominiums available for immediate occupancy. Continue Reading Listings Go Live at Brooklyn’s Tallest Residential Tower
Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
Austin and San Antonio attracted new levels of attention in the first quarter. Continue Reading Foreign Interest in US Housing Continues to Rise, But Not Among Canadians
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