Red-hot US housing market begins to cool
There are fewer bidding wars and homes selling above asking price, Redfin report finds Though the demand for homes remained strong across the United States in August, there are clear signs that the housing market is past its peak. A report from residential brokerage Redfin found that pending sal...
Home demand soars in the Pacific Northwest
Total active home inventory continues to free fall in Washington state with no end in sight King County in Washington is the 12th most populous county in the U.S. with 2.2 million people, and — as home to Seattle — it is one of the wealthiest pockets of America. At the end of August 2019, there...
Manufactured housing is key to affordable homeownership
Here’s how the Biden administration should do more to support it Last week, the Biden Administration rolled out a major initiative to take immediate, tangible steps to increase the supply of affordable housing. The Manufactured Housing Institute (MHI) is encouraged that two important comp...
Home prices rise at record pace for third straight month with 6 cities leading the hot housing market
Home prices are rising in every state across the U.S. The numbers: Home prices continued to grow at a record pace in June, according to a leading barometer. The latest edition of the S&P CoreLogic Case-Shiller Home Price Index showed that home prices increased 18.6% from a year ago in June, mar...
Buyer Beware: Building Permits in Local High Fire Zones May Be Denied to Properties on Dead End Roads Under New Cal Fire Regs
Recent changes in Cal Fire regulations may upend a buyer’s construction plans if the property is on a “dead-end road” of more than 800 feet, and the property lies within a Very High Fire Hazard Severity Zone (VHFHSZ) within a Local Responsibility Area (LRA). Since July 1 of this ye...