National Association of Realtors (NAR) Chief Economist Lawrence Yun is projecting an 11% higher level of new home sales in 2025 and 8% higher level in 2026, with the median home price forecast to be 2% higher in both 2025 and 2026. “Maybe the worst is coming to an...
The Home Depot Foundation announced it will invest $10 million into projects designed to help veterans age in their current residences and avoid homelessness. The foundation cited recent projections from the Department of Veterans Affairs (VA) that determined the...
The aftershocks of the election, a new fight against property taxes and a tribute to an inspirational executive. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Nov. 4-8. Hit: The Indestructible Man. It is impossible to...
The delinquency rate for mortgage loans on one-to-four-unit residential properties totaled 3.92% of all loans outstanding by the end of the third quarter of 2024, according to data from the Mortgage Bankers Association (MBA). The delinquency rate was down 5 basis...
The Federal Housing Finance Agency (FHFA) today announced two partnerships involving Fannie Mae (OTCQB: FNMA), Freddie Mac (OTCQB: FMCC), and the Federal Home Loan Banks (FHLBanks) to expand awareness and liquidity for homeownership across tribal communities....
Only 16% of the California’s homebuyers could afford to purchase a median-priced, existing single-family home during the third quarter. But according to the California Association of Realtors’ (CAR) Traditional Housing Affordability Index, this is a mild...
Hits and Misses for the Real Estate Week of June 29-July 3
