California’s median home price hit a new record in April at $914,810, marking the first time the median price has crossed the $900,000 threshold since May 2025. The previous record high was set in April 2025 with $910,160. According to the California Association of...
A Phil Hall Op-Ed: The humorist Will Rogers once wisecracked, “All I know is just what I read in the papers, and that’s an alibi for my ignorance.” I was reminded of Rogers’ classic comment while reading a pair of recent Wall Street Journal articles regarding...
Only 4.5% of today’s Gen Z demographic are homeowners, compared with 73.1% of baby boomers. According to a new data study from Clever Real Estate, the 68.6% difference marks the largest generational homeownership gap ever recorded. The new study observed that while...
The typical down payment during the first quarter was $23,400, a 19% decline from one year before. According to new data from Realtor.com, this marked the fourth consecutive quarterly decline in down payments and the lowest level since 2021. And while it was above the...
Mortgage applications for new home purchases during April were down by 2.4% from one year earlier and were also down by 10% from the previous month. According to data from the Mortgage Bankers Association (MBA) Builder Application Survey, new single-family home sales...
Iowa Gov. Kim Reynolds signed a property tax relief bill into law in a ceremony on Monday. According to Iowa Public Radio, the new law creates a 2% cap on city and county general revenue growth, with an exception for new construction. The new revenue cap does not...
