The typical U.S. home is selling this month for roughly $383,000, according to new data from Redfin (NASDAQ:RDFN). This is roughly less than $4,000, or -1%, than the all-time high set in June 2022. Redfin also noted the current sales price average is the smallest...
The Bay Area Housing Finance Authority (BAHFA) has introduced the Doorway Housing Portal as a new platform for locating affordable housing in California’s Bay Area. According to BAHFA, the Doorway Housing Portal will centralize housing listings across the region and...
JPMorgan Chase (NYSE:JPM) has pledged $7.65 million to support three nonprofits working to improve housing affordability and stability for Black and Hispanic households in Washington D.C. The funding will be divided with $4.45 million going to the Coalition for...
Mortgage rates are back on the upswing, according to the new Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.71% as of June 29, up from last week when it averaged 6.67%. One year ago at this time, it...
Median-priced single-family homes and condos were less affordable in the second quarter of this year compared to historical averages in 98% of counties around the nation with enough data to analyze, according to a new report from ATTOM. Nationwide, the median...
The U.S. median home listing price was down by 0.9% year-over-year, according to data from Realtor.com. This marked the first yearly decline since 2017, when Realtor.com began to track this data. In June, the U.S. median list price was $445,000, up from $441,000 in...
Hits and Misses for the Real Estate Week of May 11-15
