Property tax bills have increased since 2019 in nearly every major U.S. metro, with Florida home to three of the five metros with the biggest hikes. Property taxes are soaring in Florida partly due to the pandemic-driven migration and homebuying boom, and partly to the increasing intensity of climate disasters. Nationwide, property taxes have increased […]
Pending sales and home tours remain fairly strong as mortgage rates rise to their highest levels since mid-summer and uncertainty around the election picks up. Pending U.S. home sales rose 3.5% year over year during the four weeks ending October 20, the biggest increase in three years (with the exception of the prior 4-week period,
18.7% of survey respondents have gotten in a disagreement with a neighbor over politics, including 27.1% of men and 13.4% of women. 11.9% have gotten into a disagreement with a neighbor over racial issues. 30.4% regularly engage in political conversations with neighbors, with younger generations more likely to engage than older generations. Nearly one in
Home prices grew 0.5% month over month in September, the fastest pace since April. On a year-over-year basis, home prices rose 6%, the smallest annual increase since December. 13 of the 50 most populous U.S. metros recorded a drop in home prices month over month. U.S. home prices grew 0.5% from a month earlier in
U.S. Home Prices Grew 0.5% in September, the Fastest Pace Since April Read More »
Pending sales rose 2.5% month over month as mortgage rates hit a two-year low and the Federal Reserve cut interest rates. Rates have since ticked up. Existing home sales, which are a lagging indicator, fell to a seasonally adjusted annual rate of 4,023,067. That’s the lowest level on record aside from the start of the
Pending home sales posted their biggest increase since 2021 this week. But some house hunters are starting to pull back. Home sales are rising. Pending U.S. home sales rose 3.2% year over year during the four weeks ending October 13, the biggest increase in three years. On a local level, pending sales are up in
Rising Mortgage Rates Haven’t Yet Slowed Pending Sales Read More »
