AGP Executive Report
Last update: 4 hours agoHousing Market Snapshot: The National Association of REALTORS says U.S. existing-home sales slipped 1.7% in July from June, but rose 0.7% year-over-year, with inventory down to 1.54 million units. Wildfire & Insurance Pressure: A new Cotality report finds 2.5M U.S. properties in the 10 most exposed western states face moderate-or-greater wildfire risk, with $1.4T in reconstruction cost value at stake. Local Planning Fight: St Neots residents are pushing back against plans to replace a car park with up to 83 homes, arguing parking loss could hurt town businesses. Broker Tech & Lending: Firstmac is upgrading its broker platform to speed turnaround, improve valuation tools, and tighten document handling. Affordable Housing Parameters: Mount Pleasant council agreed to adjust AMI limits for Gregorie Ferry Landing, aiming to widen who can buy the affordable units. Global Real Estate Trends: Japan’s “jikka-jimai” focus is growing as families try to dispose of vacant inherited homes, while Scotland’s build-to-rent pipeline is shrinking as viability issues bite.
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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