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California Home Sales Hit the Summer Doldrums
Closed escrow sales of existing, single-family detached homes in California remained above their year-ago level for the fourth straight month in July, even as sales retreated to their lowest level in six months. According to data from the California Association of...
California Home Sales Hit the Summer Doldrums
California’s statewide median home price softened again in July, falling below the $900,000 benchmark for the first time in four months. Continue Reading California Home Sales Hit the Summer Doldrums
NAR Launches Commercial Real Estate Demand Index
The National Association of Realtors (NAR) has premiered its Commercial Real Estate (CRE) Demand Index, a quarterly index designed to measure the economic drivers of commercial real estate demand across 306 metropolitan areas. According to the organization, the index...
New York State Home Sales Up 4.5%
New York State recorded 10,911 closed home sales in July, a 4.5% increase from the 10,439 homes sold one year earlier. Pending sales also edged higher, with 10,727 homes going under contract last month, a 1% percent uptick from the 10,622 homes pending in July 2025....
CoStar Group Taps Steve Price to Become President of Ten-X
CoStar Group Inc. (NASDAQ: CSGP) announced that Steve Price has joined the company as president of Ten-X, the company's digital commercial real estate auction platform. Price joins CoStar Group after 12 years in senior leadership roles at Auction.com, most recently as...
News & Current Events
Pending Home Sales Declined 2.3%
“The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract signings,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Declined 2.3%
Housing Starts Plummeted in July
“The July decline in housing starts reflects broader weakness in the housing market,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Plummeted in July
Cash Purchases for Homebuying Decline Amid Stabilizing Market
Among states, Mississippi (47.2%), Montana (45.9%), New Mexico (43.8%), Missouri (42.0%) and Florida (41.3%) posted the highest cash shares. Continue Reading Cash Purchases for Homebuying Decline Amid Stabilizing Market
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NAR Launches Commercial Real Estate Demand Index
The index will also compare each metro with the others, using a score of 100 to represent the average metro. Continue Reading NAR Launches Commercial Real Estate Demand Index
New York State Home Sales Up 4.5%
The statewide median sales price in July was $480,000, a 6.7% surge from the $450,000 median price recorded in June. Continue Reading New York State Home Sales Up 4.5%
CoStar Group Taps Steve Price to Become President of Ten-X
Price joins CoStar Group after 12 years in senior leadership roles at Auction.com, most recently as executive vice president of foreclosure auction services. Continue Reading CoStar Group Taps Steve Price to Become President of Ten-X
Pending Home Sales Declined 2.3%
“The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract signings,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Declined 2.3%
Housing Starts Plummeted in July
“The July decline in housing starts reflects broader weakness in the housing market,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Plummeted in July
Cash Purchases for Homebuying Decline Amid Stabilizing Market
Among states, Mississippi (47.2%), Montana (45.9%), New Mexico (43.8%), Missouri (42.0%) and Florida (41.3%) posted the highest cash shares. Continue Reading Cash Purchases for Homebuying Decline Amid Stabilizing Market
Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
The new bill would also create pre-approved housing plans designed to streamline city approvals and permitting. Continue Reading Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
CFPB to Stop Publishing Consumer Complaints Against Financial Services Companies
The agency claimed these consumer-submitted complaints were often confusing and contained misleading data. Continue Reading CFPB to Stop Publishing Consumer Complaints Against Financial Services Companies
Federal Judge Blocks Trump’s Plan to Cancel FBI HQ Move to Maryland
The FBI spokesperson said the agency “will continue the best course of action to meet the needs of law enforcement.” Continue Reading Federal Judge Blocks Trump’s Plan to Cancel FBI HQ Move to Maryland