U.S. Housing Market Updates
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Hits and Misses for the Real Estate Week of Jan. 19-23
The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s new mayor has a plumbing update. Continue Reading Hits and Misses for the Real Estate Week of Jan. 19-23
Kentucky Home Sales Up 14.5% for December
The median sales price of $270,500 was down 1.7% from November and up 4.0% from December 2024. Continue Reading Kentucky Home Sales Up 14.5% for December
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Wisconsin Home Sales Rise Despite Decline in New Listings
The median price for December was $312,750, up by 2.5% from one year earlier. Continue Reading Wisconsin Home Sales Rise Despite Decline in New Listings
Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Ginnie Mae added that its financing benefited approximately 1.4 million households, out of which an estimated 43.9% were first-time homeowners. Continue Reading Ginnie Mae Reports $526.4 Billion MBS Issuance for FY 2025
Virginia Home Sales Up 7.3% in December
Virginia’s median sales price was $415,000, up $1,510 from last year for an increase of less than 1%. Continue Reading Virginia Home Sales Up 7.3% in December
Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Cardone said he “floated this concept to administration a week ago” and the president liked the idea. Continue Reading Grant Cardone Calls on Trump to Extend Bonus Depreciation to Homeowners
Pennsylvania Home Sales and Prices Dropped in December
The decline in sales was mirrored by a decline in new listings – 30,595 in December, compared to 34,812 one year earlier. Continue Reading Pennsylvania Home Sales and Prices Dropped in December
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.09% as of Jan. 22. Continue Reading Mortgage Rates Inch Up Slightly
REMAX: December Home Sales Up 14.9%
“For buyers, easing rates and more options created opportunities that didn’t exist a year ago,” said REMAX CEO Erik Carlson. Continue Reading REMAX: December Home Sales Up 14.9%
Record Number of $1 Million-Plus Homes Sold in Texas
“Luxury home sales are small but powerful,” said Jennifer Wauhob, president of Texas Realtors. Continue Reading Record Number of $1 Million-Plus Homes Sold in Texas
Trump Suggests He is Opposed to Lowering Home Prices
“Now if I want to really crush the housing market, I could do that so fast and people could buy houses,” he said. Continue Reading Trump Suggests He is Opposed to Lowering Home Prices
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
