The homeownership rate for Black households has grown faster than average since 2019, though it is still lower than its peak from 20 years ago. According to a new data report from Zillow (NASDAQ:Z, ZG), nearly 46% of Black households own their home, down from its...
Mortgage application activity slumped during the week ending May 24, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 5.7% on a seasonally adjusted basis from one week...
Maine homebuyers took advantage of a rise in listings, driving up home sales despite elevated prices. According to new data from the Maine Association of Realtors, a total of 933 single-family homes were sold last month, up 17.5% from the 794 sold in April 2023. The...
Shawn Woods is president of Ashlar Homes LLC in Blue Springs, Missouri. This article is adapted and edited from testimony delivered last week on behalf of the National Association of Home Builders (NAHB) before the U.S. House Energy and Commerce Committee’s...
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.5% annual gain for March, the same increase as the previous month. The 10-City Composite saw an 8.2% increase, up from an 8.1% increase in the previous month, while the 20-City...
Wisconsin home sales in April were up 25.7% from one year earlier, according to new data from Wisconsin Realtors Association (WRA). Last month recorded 5,532 sales, compared to 4,401 sales in April 2023, with every region in the state experiencing double-digit annual...
