AGP Executive Report
Last update: 10 hours agoHousing Prices & Affordability: New Hampshire home prices hit a new record in July, with the median single-family price rising to $580,000 as supply stays tight. Market Momentum vs. Cooling: Zillow warns the Iran war could dampen U.S. housing demand later this year, while Lawrence, Kansas reports fewer sales but more listings, hinting at a more balanced market. Policy & Taxes: A bill to double the capital gains tax exclusion is gaining traction in Congress, aiming to reduce the tax hit for home sellers. Local Development & Infrastructure: North Mankato approved a $2.1M bond sale and a construction contract to fund the Industry Court street/utility project, intended to unlock industrial development. Foreclosure & Listings: A Craven County, North Carolina foreclosure sale notice was filed, underscoring ongoing distress in parts of the market. Community Impact: A judge approved the sale of Hawthorne Race Course for $90M, ending horse racing and displacing about 300 residents who must find new housing. Real Estate Finance: VIUM Capital closed $170.5M in skilled nursing financing deals, a reminder that property investment activity continues beyond homes.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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