Housing Wire
AUGUST 24, 2023
At today’s rate, the monthly cost to purchase a home totals about $2,400, not including property taxes and insurance, a 17% increase from a year ago. Home sales have been tracking below last year’s levels and are also more than 20% below 2019 totals, noted Bright MLS Chief Economist Lisa Sturtevant.
Housing Wire
DECEMBER 7, 2020
month figure recorded in October 2019. Similarly, in 2018 and 2019, mortgage rates rose to 4.75 In turn, price growth cooled so that real home price growth went negative year over year in 2019. This could be accomplished by raising the minimum down payment, removing the mortgage interest deduction and the property tax benefit.
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Miller Samuel
MARCH 19, 2019
An earlier version of this post appeared in my weekly Housing Notes, March 15, 2019 edition. This proposed NYC "pied-a-terre" tax law has a name that infers it concerns " pied-a-terres " when in fact that property type is but one part of the property types that are impacted. It's all still up in the air at this point.
Housing Wire
APRIL 27, 2023
But the caveat, of course, is that all bets are off if there’s a more meaningful contraction in lending [in the wake of recent bank failures and other economic factors] because then you’re in serious trouble,” Petrosinelli added.
Appraisal Today
DECEMBER 1, 2023
The four-bedroom home was built in 2019 in the gated neighborhood of Back Bay Cove. How to maximize deductible expenses by timing payments Pay as many bills as you can by the end of the year, such as property taxes, software maintenance agreements, etc. The average contract interest rate for 5/1 ARMs decreased to 6.59
Appraisal Today
FEBRUARY 24, 2023
. = Surviving the Current Slowdown by Kendra Budd, Editor, Working RE Excerpts: While the actual volume of appraisal work has only declined to the equivalent of a slow month in 2018 or 2019, the volume of appraisals has declined over 60 percent from the busiest month in 2021 compared to the later (slower) months of 2022. percent from 6.39
Will Springer Realtor
JUNE 8, 2022
The unprecedented housing price increases in our region – up 39% in King for all home types since May 2019 – will possibly stunt homeownership rates going forward. The change follows Oregon’s lifting in 2019 of zoning restrictions on housing to help address the housing shortage. With scarcity comes price appreciation.
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