U.S. Housing Market Updates
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Hits and Misses for the Real Estate Week of July 22-26
This week’s Hits and Misses includes a problematic affordable housing plan, a historic theater’s surprise honor and a real estate professional becomes Miss Florida USA 2024. Continue Reading Hits and Misses for the Real Estate Week of July 22-26
Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings
June’s home sales were down 10.5% year-over-year. Continue Reading Wisconsin Home Prices Rise Amid Declining Sales and Fewer New Listings
MBA: Homebuyer Affordability Conditions Improve
The national median mortgage payment for conventional loan applicants in June was $2,180. Continue Reading MBA: Homebuyer Affordability Conditions Improve
Tech Trends: Tapping Deeper Into Data
This week, our Tech Trends spotlight considers a slate of new digital offerings designed to improve access to real estate data. Continue Reading Tech Trends: Tapping Deeper Into Data
Delaware Home Sales and Prices Down in June
New listings were up last month by 5.17% to 1,587, compared to the 1,509 listings from June 2023. Continue Reading Delaware Home Sales and Prices Down in June
The New Normal: Million-Dollar Starter Homes
The typical luxury home sold for a record $1.18 million in the second quarter. Continue Reading The New Normal: Million-Dollar Starter Homes
Q2 Home Sellers’ Profit Margins Remained Stagnant
The profit margin’s lack of movement occurred despite the median home price reaching a record high of $365,000. Continue Reading Q2 Home Sellers’ Profit Margins Remained Stagnant
Rocket Mortgage Tops Mortgage Servicer Satisfaction Study for 10th Straight Year
The study is based on responses from 15,020 customers who have been with their current mortgage loan servicer for at least one year. Continue Reading Rocket Mortgage Tops Mortgage Servicer Satisfaction Study for 10th Straight Year
Iowa’s Housing Inventory Up 32% from Last Year
The median sales price jumped 6.4% in June to $250,000. Continue Reading Iowa’s Housing Inventory Up 32% from Last Year
Home Sales Slip in Virginia
During June, the statewide median sales price reached $431,380, a 5% year-over-year increase of more than $20,000. Continue Reading Home Sales Slip in Virginia
Rhode Island’s Median Home Price Hits New High
During June, Rhode Island recorded a 19.1% year-over-year decline in home sales. Continue Reading Rhode Island’s Median Home Price Hits New High
New Data Reports Offer Rival Views of the Rental Housing Markets
Austin and Wichita top the rankings published by Realtor.com and RentCafe, respectively. Continue Reading New Data Reports Offer Rival Views of the Rental Housing Markets
New Home Sales Down While More Properties Sit on the Market Longer
Nearly two-thirds of homes that were on the market in June were listed for at least 30 days without going under contract. Continue Reading New Home Sales Down While More Properties Sit on the Market Longer
Mortgage Application Activity Drops While Forbearance Levels Inch Up
The number of loans in forbearance increased in June for the first time since October 2022. Continue Reading Mortgage Application Activity Drops While Forbearance Levels Inch Up
Sales Tumble, Prices Moderate in Florida’s Housing Market
In the second quarter, Florida’s single-family median sales price was $428,000, up 2.4% compared to the same quarter in 2023. Continue Reading Sales Tumble, Prices Moderate in Florida’s Housing Market