As the federal government shutdown continues, thousands of homebuyers may find themselves shut out of critical flood-insurance policies. This situation adds to broader concerns about rising insurance costs and climate change, potentially slowing the real-estate market nationwide.
Leaders from New Castle came together on September 12 to celebrate the launch of Brookfield Farms, an 85-home development intended to address the community’s need for affordable housing. This noteworthy collaboration between city officials, developers, and local partners is expected to shape the future of the city’s housing market.
Sussex County real estate listings held their ground in August, with asking prices unchanged from previous months. The story provides a short look at how local market trends played out and focuses on key factors such as list price and median home values.
Stephanie Link, Chief Investment Officer at Hightower, shared a significant move on CNBC’s “Halftime Report”: a new investment in QXO stock. While detailing her purchase, Link and the program’s panel also sparred over the outlook for the housing market.
A new proposal suggests the Trump administration wants the Federal Reserve to use its balance sheet to bring 30-year mortgage rates down to 5% next year. Though many consider this a long shot, the idea highlights the growing debate over whether monetary policy should be leveraged to tackle rising home-loan costs.
NewEdge Advisors LLC recently expanded its holdings in D.R. Horton, boosting its stake by 19.3% in the first quarter. The construction company’s shares now total 19,893 and are valued at approximately $2.53 million.
As mortgage rates show signs of easing, the possibility of a revived housing market comes into focus. This article explores what must go right for lower borrowing costs to translate into broader homebuying opportunities.
Over the span of just one week, Vineland’s real estate market logged six home sales. A 1,183-square-foot property on Cypress Drive fetched $350,000, setting the week’s median price.
HSBC Holdings PLC made headlines with its acquisition of 3,603 KB Home shares in the first quarter, valued at about $209,000. This move places the construction company in the spotlight, as several other hedge funds have also been adjusting their positions in the stock.
Between August 25 and August 31, Manchester recorded 28 home transactions. A property on Churchill Road in Whiting sold for $290,000, representing the median sale for this period.