Nearly 53,000 U.S. home-sale agreements fell through in March, equal to 13.4% of homes that went under contract that month. This share is up from 12.5% a year earlier and tied with 2023 as the highest March share on record, aside from the pandemic panic of 2020....
The concept of the starter home could soon become passe, according to the latest BMO Real Financial Progress Index report. The report, which polled 2,500 adults from Feb. 17 to March 18, found 65% of buyers expected their first purchase to be their forever home....
Mortgage applications for new home purchases during March were up by 26% from the prior month and up 11% year-over-year, according to data from the Mortgage Bankers Association’s (MBA) Builder Application Survey. “Applications for the purchase of newly built...
A Phil Hall Op-Ed: I know that I am rather late to the digital party, but I recently began playing around with ChatGPT and I find it to be an amusing distraction when I have a few minutes to kill and no intelligent solution for using that free time. I am extremely...
First-time homebuyers accounted for 21% of all residential property purchases in Texas during 2025, according to data from Texas Realtors. This is slightly above the all-time low of 20% recorded in 2024. Last year’s homebuyers in Texas had a median age of 58, tied...
Mortgage Rates Reach 7.40%, Highest Since November 2023
