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Could the YIMBY movement solve America’s affordable housing shortage?


Could the YIMBY movement solve America’s affordable housing shortage?

More and more U.S. cities and states are saying “yes, in my backyard” because they can hardly meet the housing needs of a growing population. The “YIMBY” movement is a political attempt to solve the country’s problems. Housing shortage by increasing the supply of housing with strategies such as changing zoning and other regulations that […]

Existing home sales rise in July, home prices rise for 13th straight month while mortgage rates fall


Existing home sales rise in July, home prices rise for 13th straight month while mortgage rates fall

Existing home sales rose in July as homebuyers returned to the market and mortgage rates were at their lowest levels since February. Existing home sales rose 1.3 percent from June to a seasonally adjusted annual rate of 3.95 million, the National Association of Realtors said Thursday, halting a four-month decline in sales that began in […]

UW assistant and former NFL player sells Door County home for $6.5 million


UW assistant and former NFL player sells Door County home for .5 million

Casey Rabach wants to sell the 11,732-square-foot home on Bayshore so he and his family can move to Madison for his coaching job STURGEON BAY — Door County native, former NFL player and new University of Wisconsin assistant football coach Casey Rabach and his wife Nicole are selling their nearly 12,000-square-foot Sturgeon Bay estate, with […]

Existing home sales increase slightly, but prices continue to rise


Existing home sales increase slightly, but prices continue to rise

The Good Brigade/Getty Images; Illustration by Austin Courregé/Bankrate Key findings According to the National Association of Realtors, existing home sales rose 1.3 percent in July 2024 from the previous month, ending four consecutive months of declines. The national median sales price was $422,600, up 4.2 percent from last year and the highest median price ever […]

Existing home sales rise in July, home prices rise for 13th straight month while mortgage rates fall


Existing home sales rise in July, home prices rise for 13th straight month while mortgage rates fall

Existing home sales rose in July as homebuyers returned to the market and mortgage rates were at their lowest levels since February. Existing home sales rose 1.3 percent from June to a seasonally adjusted annual rate of 3.95 million, the National Association of Realtors said Thursday, halting a four-month decline in sales that began in […]

Fannie Mae economists lower their expectations for home sales in 2024


Fannie Mae economists lower their expectations for home sales in 2024

Mortgage rates have fallen in recent months, but Fannie Mae Economists said Wednesday that this will not be enough to increase the number of homes sold in the foreseeable future. Fannie Mae’s Economic and Strategic Research (ESR) Group has revised downward its forecasts for home sales in 2024 and 2025, based on a number of […]

Real estate prices in Ventura County hit new high in July


Real estate prices in Ventura County hit new high in July

Homes have never been more expensive in Ventura County, although price increases have slowed since the booming real estate market in the early years of the pandemic. In July, the median price of 314 single-family homes sold in the county was $972,000, according to data released Monday by the California Association of Realtors. The median […]

Impact of the new real estate rules on brokers and home buyers


Impact of the new real estate rules on brokers and home buyers

EDINA, Minnesota — The experience of buying or selling a home is changing. A recent settlement by the National Association of Realtors now requires buyers and sellers to negotiate commissions on the home sale, including who pays and how much. A recent reform has changed the way realtors are paid to help people buy and […]