Americans report skipping meals, working overtime, and delaying medical care to afford housing Half of U.S. homeowners and renters (49.9%) sometimes, regularly or greatly struggle to afford their housing payments, according to a new report from Redfin (redfin.com), the technology-powered real...
News Updates
PROPERTY TAXES ON SINGLE-FAMILY HOMES UP 7 PERCENT ACROSS U.S. IN 2023, TO $363 BILLION
Total Single-Family Taxes Levied Nationwide in 2023 Rise Twice as Fast as in 2022; Average Property Tax Up 4 percent, to $4,062, While Effective Rate Also Increases; Highest Effective Tax Rates Remain Clustered in Northeast and Midwest ATTOM, a leading curator of land, property, and real estate...
Realtor.com® March Housing Report: Housing Market Takes a Step in a Buyer-Friendly Direction
March data shows the largest share of price reductions since 2019 with 34 out of the 50 largest metros showing an uptick in drops According to the Realtor.com® March housing report, buyers are looking at an optimistic mix of increasing inventory and an uptick in price reductions going into the...
Moderate House Price Increases Expected as Market Adjusts to High Rates
Veros Real Estate Solutions (Veros®), an industry leader in enterprise risk management and collateral valuation services, released its 2024 Q1 VeroFORECASTSM, with projections indicating an average nationwide appreciation of 2.9% over the next 12 months. This is an upward revision from last...
The US has a record-high 550 ‘million-dollar’ cities
Low inventory is keeping competition high and home values rising There are currently 550 U.S. cities where the typical home value is $1 million or more, up from 491 a year ago. California easily boasts the most million-dollar cities, followed by New York and New Jersey....
The Typical Homebuyer’s Down Payment Is $56,000, Up 24% From a Year Ago
Redfin reports over one-third of home purchases in February were made in all cash—not far from the record high The median down payment for U.S. homebuyers was $55,640 in February, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s up 24.1% from...
HOME AFFORDABILITY IMPROVES SLIGHTLY DURING FIRST QUARTER BUT REMAINS DIFFICULT FOR AVERAGE WORKERS
Major Home-Ownership Expenses Require Smaller Portion of Wages for Second-Straight Quarter; Historical Affordability Also Inches Upward; But Both Measures Remain Near Worst Levels in 15 Years as Home Prices Stay Close to All-Time Highs ATTOM, a leading curator of land, property, and real estate...
“Georgia Squatter Reform Act”
NRHC is pleased to report that two bills targeting the issue of illegal occupation have passed both the House and Senate in the Georgia legislature. Both bills, developed with input and guidance from NRHC, now head to the Governor for his expected signature. While there is opportunity for the...
MCS OPENS SELF-PERFORMING SERVICE CENTER IN MEMPHIS
Appoints Chad Henry as Regional Operations Director MCS, the national property services company founded in 1986, announced the opening of its latest self-performing Service Center in Memphis, TN, serving Tennessee and the surrounding areas. This announcement represents the latest addition to the...








