Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 13-17. Hit: Some Rent Relief. A new data...
The homebuilder Lennar Corp. (NYSE: LEN) has begun sales at River Bridge Ranch, a new community in San Marcos, Texas. The development encompasses 28 single-family homes featuring one- and two-story open concept floorplans. Homes range from 1,200 to 2,780 square feet,...
September’s home sales were up 8.5% year-over-year, according to the latest REMAX National Housing Report. This marked the fourth month in 2025 where sales outpaced the previous year. Also in September, the active housing inventory was up 20% from one year earlier in...
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16, down from last week when it averaged 6.30%. A year ago at this...
There was a new rush of optimism in the latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which found builder confidence at a 37 level, up five points from September and the highest reading since April. Readings over 50...
Homeowners, on average, made a 49.9% profit selling single-family homes and condos during the third quarter, up from a 49.3% profit margin in the previous quarter but down from the 55.4% average profit in the third quarter of 2024. The profit margin is the percent...
