Last month, Business Insider released a list of the most expensive homes for sale in each state. Of course, the homes are all beautiful and very large. In the world of assessing property values and collecting taxes, these homes would surely have a hefty tax bill. Anyone looking for a home with eight bedrooms? You can find that one in New Orleans! The most expensive […]
June is American Housing Month in the United States. Each year, the U.S. Department of Housing and Urban Development releases results from their housing survey that details characteristics of new construction homes that are built and sold. The survey purpose is to provide national and regional statistics related to the housing market. These results are used by The Federal Reserve Board and Council of […]
Hold your horses! Have you seen this cool new trend in what is known as “barndominiums?” And you just thought you’d seen it all when it comes to homes and properties! Apparently, this is an increasingly popular housing trend in Texas, that we might very well start seeing in our area. Just think of the convenience of living and working in one location; and one that’s so beautiful, as well! […]
The U.S. Census Bureau recently released its Quarterly Residential Vacancies & Homeownership Report for 4th Quarter 2016. Among the figures that were published, some of the more interesting ones are listed below: Rental Vacancy Rate: 6.9% Homeowner Vacancy Rate: 1.8% Homeownership Rate: 63.7% The figures above were all comparable to 4th Quarter statistics in 2015. Median rent price: $864 Median home list price: $167,700 The report […]
At the end of last month, realtor.com released its national housing forecast for 2017. According to the site, the organization expects to see a rise in mortgage rates, with home sales slowing down a bit compared to recent years. The report also predicts that Phoenix, AZ will be the top metro market based on price and sales gains. As part of the […]