Cape May County, NJ

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Las Vegas, NV

Deals are falling through as buyers grow selective and the reality of high housing costs hits home. Nearly 56,000 home-purchase agreements were canceled in June, equal to 14.9% of homes that went under contract that month — the highest percentage of any June on record, according to data collected by Redfin.

More Buyers Canceled Home-Purchase Contracts In June

Detroit, MI

Detroit is the most affordable city for Black families in the U.S. While the current housing market is unaffordable for many American households, recent data show underrepresented communities are even more affected by the state of the market. According to real estate data tracker Redfin, the average Black family can afford a starter home in just 10 of the 50 most populous U.S. metros. Comparatively, the typical white family can afford a starter home in 32 of these metros.

As Starter Homes Become Increasingly Difficult to Afford, Black Households Are at an Even Greater Disadvantage

On average, homes are selling for less than their appraised value. There appears to be a disconnect between the amount a home is appraised for and the actual sales price of the home. According to financial services company Progress in Lending Association, home appraisal values were higher than sales prices 51% of the time during the first half of 2024. This is the largest gap between appraisals and sales prices recorded since 2020, when 42% of homes were appraised above their sales price. As of June 2024, the average over-appraisal was 9% across all housing markets studied.

Homes Are Selling for Less Than the Appraised Value

Fox Business

Rising home supply and anticipated lower mortgage rates to come will "open the floodgates" for a real estate market "boom," says RE/MAX's chairman and co-founder.

Real estate tycoon explains when house prices will start to drop and 'open the floodgates'

Tupelo, MS

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Mississippi News Group

Traci D. Franklin, a 52-year-old resident of Tupelo, was arrested by the Tupelo Police Department on June 28, 2024, following the issuance of a Lee County Circuit Court Capias Warrant.

Tupelo police make arrest on woman for not returning rental property to Best Way

Foreclosure filing for the first half of 2024 fell from the same time in 2023, but some states have seen alarming spikes so far this year, according to a new report.

These states have the highest foreclosure rates in the US

Markets Insider

Homes in some pandemic boom towns are as much as 30% overvalued, one real estate analyst estimates.

The housing market is close to a rare buying opportunity with prices set to drop in pandemic boom towns, analyst says

Bucks County Beacon

“[I]nvoking the favor and guidance of Almighty God,” the Constitution of the Confederate States of America composed by southern slaveholders in 1861 sought to “establish justice, insure domestic tranquility, and secure the blessings of liberty to ourselves and our posterity.” The authors of Project 2025, the latest playbook for restructuring the federal government in order to accomplish the policy goals of Christian Nationalists, similarly declare their manifesto will “decide America’s future” by securing their “God-given individual rights to live freely” and exercise dominion over others.

Legislating Inequality: The Christian Confederate Roots of Project 2025

Illinois State

Foreclosure rates in the U.S. dropped 4.4% in the first half of 2024 compared to the same period in 2023, despite significant increases in states like South Dakota (93%), North Dakota (86%), and Kentucky (73%); meanwhile, nationwide foreclosure activity saw a 7.8% rise from two years ago, suggesting a potential stabilization in the housing market, according to ATTOM's mid-year report.

Top US States Where Foreclosures Are Skyrocketing

Missouri State

Fulton, MO

CJ Coombs

Updated on July 17, 2024, concerning two of the missing children listed below. Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children.

Seven teenagers have been missing in Missouri since June 2024

Fortune

Mortgage rates are hopefully coming back down to earth. So far daily mortgage rates have fallen to 6.81% and weekly rates to 6.77%, their lowest readings in months. For some homebuyers, it represents thousands of dollars in new purchasing power; for others, it’s pushing monthly mortgage payments down, according to Redfin.

The typical monthly housing payment just fell from an all-time high

North Carolina State

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Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

California State

Today, in the Calculated Risk Real Estate Newsletter: California Home Sales Down 3% SA YoY in June; 4th Look at Local Housing Markets in June. The National Association of Realtors (NAR) is scheduled to release June Existing Home Sales on Tuesday July 23rd at 10 AM ET. The early consensus is for 4.00 million SAAR, down from 4.11 million in May, and down from 4.11 million in June 2023.

California Home Sales Down 3% SA YoY in June; 4th Look at Local Housing Markets in June

TheStreet

Mortgage lenders see more homes bought and sold when — and if — the Federal Reserve starts cutting rates.

Mortgage rates just had a huge drop

Savannah, GA

Daily Coffee Press

Newly returned indictments in the Southern District of Georgia include felony charges for illegal firearms possession and drug distribution, while additional defendants have been sentenced to federal prison or await further proceedings after pleading guilty to federal gun charges.

Federal Charges in Southern GA: Indictments and Sentences for Firearms and Drug Offenses

Georgia State

The pandemic sent the U.S. housing market into a spiral. Skyrocketing demand, inflation, rising interest rates, and dwindling supply have resulted in higher home prices. However, some housing markets in the South and Gulf areas are pretty “cool” at the moment. While no U.S. housing market has been immune to high home prices and rising interest rates, owning homes in these regions faces an additional hurdle. Homeowners’ insurance premiums have risen, which has made owning a home in these areas more expensive.

In Less Than a Year, You’ll Regret Not Having Bought Property in These 20 Housing Markets

Homebuyers shouldn’t expect market conditions to improve too much in the second half of 2024, with mortgage rates likely to remain elevated and supplies tight. Economists expect home prices will rise by about 4%, and mortgage rates to remain at about 6.5%, in the second half. Despite strong demand...

What to Expect in the Housing Market in the Second Half of the Year

Kentucky State

Northern Kentucky Tribune

Gov. Andy Beshear sent a letter to Anne Milgram, administrator for the U.S. Drug Enforcement Administration (DEA) on Wednesday, expressing his support of the U.S. Department of Health and Human Services’ recommendation that the DEA ease restrictions on marijuana.

Gov. Andy Beshear pens letter to DEA in support of easing federal restrictions on marijuana

Coral Gables, FL

Edmond Thorne

Tragic End for South Florida Hispanic Building Tycoon Sergio Pino. Fort Lauderdale, FL - In a shocking turn of events, prominent South Florida homebuilder Sergio Pino was found dead in his Coral Gables home on Tuesday morning. The Miami-Dade County Medical Examiner's Office confirmed that Pino died from an apparent suicide.

South Florida Tycoon Dead After FBI Raids on Homes and Office

NJ.com

NewsBreak

What $350,000 or less gets you in Cape May County

For prospective homebuyers eyeing the real estate market in areas of Cape May County, here’s what sold for or...

What $350,000 or less gets you in Cape May County

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