California insurance commissioner rejects State Farm’s request for 22% rate increase Feb. 18th 2025
On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts.
What will it take to rekindle the senior housing market? Feb. 18th 2025
With the oldest baby boomers turning 80 this year, the market of dedicated senior housing swings from a place of oversupply to a shortage.
Illinois lawmakers renew push for home construction tax credits Feb. 18th 2025
The Build Illinois Homes Tax Credit Act, first introduced in 2020, would offer a state tax credit for housing developers that construct affordable homes within the state.
All-cash home purchases have become less popular, Redfin says Feb. 18th 2025
Homebuyers can purchase properties in full with cash, eliminating the need for a mortgage application. But last year, only one-third of buyers purchased homes with cash, representing a three-year low point.
Fitch Ratings: U.S. home prices are stabilizing, but 85% of markets are overvalued Feb. 18th 2025
Fitch Ratings says that home prices in Q3 2024 were overvalued in 85% of U.S. metro areas areas, a slight decrease from 88% in Q2 2024.
Blue states lead the way for highest property taxes Feb. 18th 2025
Personal finance website WalletHub released its 2025 Property Taxes by State report on Monday, ranking all 50 states based on property tax expenses.
Builder confidence tanks as uncertainty over tariffs mounts Feb. 18th 2025
As uncertainty over tariffs mounted in February, homebuilder confidence sank. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) fell five points month over month in February to a reading of 42.  Economists also attribute concerns over elevated mortgage rates and continued high housing costs to dampening builders’ moods. 
Rocket Mortgage will pay up to $5,000 in closing costs for renters Feb. 18th 2025
Rocket Mortgage on Tuesday unveiled RocketRentRewards, which the company says is the homeownership industry’s first offer to provide closing cost credits for renters. Under the program, homebuyers who use Rocket Mortgage as their lender can earn 10% back on the last 12 months of rental payments, receiving up to $5,000 in lender credits toward closing [....]
Could home prices turn negative this year? Feb. 18th 2025
Home prices are about 2% higher on average across the country than last year at this time. Do home prices turn negative this spring?
The impact of job cuts on the DC housing market Feb. 16th 2025
Is the Washington, D.C. housing market facing a sudden collapse ignited by DOGE’s job-cutting? We look at inventory and price cuts to see.