The US was home to 45.4 million renter households during the fourth quarter of 2024, a 0.8% uptick from one year ago. According to a data report from Redfin (NASDAQ: RDFN), this is the slowest growth since the first quarter of 2023. Also during the fourth quarter, the...
Mortgage application activity took a tumble while homeowner equity was on the rise in a pair of newly published data reports. Mortgage applications decreased 6.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage...
The odds are against extremely low-income renters finding affordable housing in the nation’s gambling capital, according to a new data report from the National Low Income Housing Coalition. The newly published “The Gap: A Shortage of Available Homes” analyzed the 50...
Existing single-family home sales in California during February totaled 283,540 on a seasonally adjusted annualized rate, an 11.6% spike from the 254,110 transactions in January and a 2.6% bump-up from the 276,280 sales in February 2024. According to the California...
A Phil Hall Op-Ed: Last Friday evening, the White House quietly released a news statement that President Trump signed an Executive Order that identified seven federal agencies and declared their “non-statutory components and functions … shall be eliminated to the...
Single-family housing starts in February were at a rate of 1.10 million, according to data from the US Census Bureau and Department of Housing and Urban Development. This is an 11.4% jump from the revised January figure of 995,000. Privately-owned housing starts in...
Hits and Misses for the Real Estate Week of Aug. 24-28
