The latest shenanigans from Bill Pulte and Zohran Mamdani, Russian renters eyeballing Armenian apartments, and a “Partridge Family” star focusing on Catskills housing. From the wild and wooly world of real estate, here are our Hits and Misses for the week of July...
A total of 6,613 residential properties were sold in Missouri during June, a 5.2% year-over-year increase. According to data from Missouri Realtors, the median sales price of $302,500 marked a 5.2% year-over-year rise. The average residential sale price increased 7.2%...
Toll Brothers Inc. (NYSE: TOL) has unveiled its newest master-planned community at Tribute at Valor, located in the Boise suburb of Kuna, Idaho. Floor plans at Tribute at Valor range from approximately 1,400 to more than 4,700 square feet. Residences include three to...
Homebuyer affordability showed a very mild improvement in June, with the national median payment applied for by purchase applicants decreasing to $2,191 from $2,198 in May. However, according to the Mortgage Bankers Association (MBA), the national median payment was...
Mortgage rates rose for the fourth straight week to reach their highest level in a year, according to the Primary Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.66% as of July 30, up from last week when it averaged...
The median asking rent for Los Angeles County fell to $2,603 in the second quarter, down $91 or 3.4%, from one year earlier. This marked the lowest level since the end of 2021, according to data from Realtor.com. The median asking rent is 9.6% below its 2022 peak,...
A Phil Hall Op-Ed: So, I Asked ChatGPT to Predict 2027’s Housing Mark…
