Under the new law, S5175A/A3698A, municipalities now have the option to offer exemptions of up to 65% for seniors who fall below the maximum income thresholds set at the local level. State estimates suggest that increasing the exemption could save the average senior about $300 annually. Greg Olsen, acting director of the New York State […]
As Logan Mohtashami, HousingWire’s chief analyst, noted earlier this week, spreads between 10-year Treasury yields and 30-year Treasury mortgage rates have fallen significantly over the past two years. Vishal Garg, CEO of digital lender Better.comsaid in an email interview with HousingWire that it is “a big deal” if spreads tighten as the Fed has not […]
In the field of information security, we have been talking about resilience for a long time. The goal was to withstand an attack, recover quickly and return to normal business. But in today’s environment – where attackers adapt and evolve every day – resilience is no longer enough. We must go further. We must embrace […]
ICE found overall mortgage performance was strong in October, with the national default rate falling 7 basis points (bps) to 3.34%. That is 11 basis points lower than last year and 53 basis points lower than the pre-pandemic benchmark of October 2019. Andy Walden, head of ICE’s mortgage and housing market research, said the modest […]
Nearly half of home sellers in the Kansas City metro lowered their asking prices in the week ending Nov. 29, 2025, as the market navigates a delicate balance between rising inventory and declining buyer activity. The price reduction rate of 45.2% coincides with an increase in the number of active homes to 4,723 homes, while […]
The Cincinnati-Middletown metro area absorbed 427 homes in the week ending November 29, 2025, surpassing new inventory additions of 347 homes as 41.8% of active homes reduced asking prices. The Ohio metro maintained a supply of just 2.3 months, tighter than the national average of 2.8 months, while conditions were favorable for the seller. Cincinnati’s […]
Nashville’s housing market recorded 7,277 active listings in the week ending Nov. 29, with 39.1% of sellers cutting prices as the metro’s inventory rose to 3.4 months of supply. The average list price remained at $594,900, while the price per square meter reached $260.8. The Music City market absorbed 663 homes during the week, while […]
Atlanta’s single-family home market entered December with 20,998 active homes, creating clear conditions that separated this market from broader national patterns. Supply in the metro exceeds the U.S. average of 2.8 months, while 39.9% of sellers have lowered asking prices. The Atlanta-Sandy Springs-Marietta metro recorded 1,776 home listings during the week ending Nov. 30, 2025, […]
Price reductions reached 53.3% of Charlotte Metro’s active listings in the week ending November 29, 2025, while the average list price remained stable at $475,000. The market maintained a 2.6-month inventory supply with 4,958 active homes for sale. The Charlotte-Gastonia-Rock Hill metro absorbed 462 homes during the week, surpassing the 261 new listings that hit […]
Homes in Indiana sold 17.6% faster year-over-year in the week ending Nov. 29, with the number of homes absorbed increasing from 1,514 to 1,780. Nearly half of active listings (47.7%) included price reductions across the state’s tracked metro lines, creating favorable conditions for buyers entering the traditionally slower holiday season. The increase in buyer activity […]