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OPPORTUNITY ZONE HOME PRICES MIXED BUT STILL KEEPING UP WITH NATIONWIDE PRICE TRENDS

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Median Home Values Rise During First Quarter of 2024 in Only Half of Opportunity Zones Targeted for Economic Redevelopment Around U.S.;  But Price Trends Inside Zones Again Reflect National Market Patterns; By Some Measures, Opportunity Zone Changes Surpass Nationwide Gains ATTOM, a leading curator of land, property, and real estate data, released its first-quarter 2024 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act

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D.R. Horton, Inc. Announces the Passing of Company Founder and Chairman, Donald R. Horton

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D.R. Horton, Inc., America’s Builder, announced the sudden passing of Donald R. Horton, the Company’s Founder and Chairman of the Board of Directors. David V. Auld, the Company’s Executive Vice Chairman, has been appointed by the Board to serve as Executive Chairman, effective immediately. “It is with great sadness that I announce the passing of my friend and our Company’s iconic founder and Chairman, Don (“DR”) Horton. Throughout the Company’s

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Median U.S. Home Price HitS an All-Time High of $434,000 in April

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San Jose and Rochester are hotter than other parts of the country; roughly three-quarters of homes that sold in those metros last month fetched more than their asking price—a higher share than anywhere else in the U.S. The median U.S. home sale price rose 6.2% year over year in April to $433,558—the highest level on record, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Today’s housing market

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Veterans United Names Best Cities for Veterans to Live

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Top cities offer what matters most to current and former service members, including housing affordability, low crime rates and a strong Veteran community Veterans United Home Loans, the nation’s largest VA lender, today released its 2024 Best Cities for Veterans to Live list. While each region of the country is represented, the East Coast and Midwest rank high among the best places for Veterans and service members to plant roots. The Top

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70% of Prospective Homebuyers Feel Renting Could be Detrimental to their Financial Future

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More boomers favor renting, with little interest in buying a home Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they’re not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term finances, according to a new Bank of America Homebuyer Insights Report (HBIR), conducted in partnership with Bank of America Institute. However, with higher interest rates and home

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FORECLOSURE ACTIVITY NATIONWIDE SHOWS SLIGHT DECLINE IN APRIL 2024

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Foreclosure Starts Decrease 7 Percent from Last Month; While Completed Foreclosures Increase 8 Percent from Last Month ATTOM, a leading curator of land, property, and real estate data, released its April 2024 U.S. Foreclosure Market Report, which shows there were a total of 31,649 U.S. properties with foreclosure filings — default notices, scheduled auctions or bank repossessions — down 4 percent from a month ago and down 4 percent from a year ago. “April’s foreclosure numbers highlight

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