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Mobile Home Prices on the Rise

Appraisal Buzz

In addition, their analysis found that, between 2018 and 2023, sales prices of new mobile homes actually rose faster than those of new site-built, single-family homes. Key Findings of the Report The average sales price of new mobile homes rose by 58.34% between 2018 and 2023 in the U.S, easily tops $100,000. The report used the U.S.

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Senior-held home equity bounces back in Q1 2024: NRMLA

Housing Wire

It previously topped $7 trillion for the first time in Q4 2018. Senior homeowners were big beneficiaries of the run-up in home prices observed during the COVID-19 pandemic. It reached the $9 trillion threshold for the first time in Q1 2021 and passed $8 trillion for the first time only three months earlier.

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Mortgage rates remain steady, rise to 2.81%

Housing Wire

Strong purchase demand is helping to lift the construction, manufacturing and transportation industries that build new homes and it is also leading to more consumer spending for owners, who are selling or improving their homes,” said Khater.

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Why a good jobs report is bad news for the Fed

Housing Wire

Transportation and warehousing jobs falling isn’t a surprise since many companies have hired too many people in that sector. The growth rate of inflation falls, and the Fed stops hiking rates and reverses course, as it did in 2018. Here are the areas where the report says jobs were created and lost. I talked about it on CNBC recently.

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Local Housing Markets: Fargo, Bergen County and 30A, Florida

Housing Wire

There are excellent schools and great transportation into Manhattan, but if you go a little bit north you can go hiking. The median list price for homes in Walton County has been on the rise, increasing from a 90-day average median list price of $489,500 in April 2018 to $884,000 in April 2023, according to data from Altos Research.

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The Proposed NYC "Pied-A-Terre Tax" Looks Catastrophic to NYC Real Estate

Miller Samuel

Andrew Cuomo's office suggested last week that such a levy might reap $9 billion for the moribund Metropolitan Transportation Authority over the next decade and Assembly Speaker Carl Heastie reiterated his chamber's support proposal at a Crain's breakfast forum days later. Mayor Bill de Blasio gave it his blessing as well. click to expand].

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S. Fla.’s Fastest Rising Home Values? Near Rail Stations

Empire Appraisal Group

Near Rail Stations Transportation drives growth but transit growth also drives housing. The privately-owned rail service Brightline opened stations in Miami, Fort Lauderdale and West Palm Beach in 2018, and opened two more in Aventura and Boca Raton in 2022. s Fastest Rising Home Values? Home values near a S.