U.S. Housing Market Updates
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Nationwide Median Price Up Slightly During October
New listings rose 10.1% year-over-year last month, marking the highest October listing volume since 2021. Continue Reading Nationwide Median Price Up Slightly During October
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Lenders repossessed 3,872 properties through completed foreclosures last month, up 32% from October 2024. Continue Reading Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Hits and Misses for the Real Estate Week of Oct. 6-10
An update on the cause of the Palisades Fire, Hunter Biden’s bizarre Romanian real estate deal, and a once-prominent pharmacy chain comes to an end. Continue Reading Hits and Misses for the Real Estate Week of Oct. 6-10
Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
The median sold price in the Bright MLS Mid-Atlantic region was $419,900 Continue Reading Mid-Atlantic Home Sales Up 6.2% Year-Over-Year
Study: 20% of California Residents Worried About Covering Housing Costs
The survey found 15.6% of adults taking on an additional job or more work at their current job to cover their housing costs. Continue Reading Study: 20% of California Residents Worried About Covering Housing Costs
Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. Continue Reading Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
The statewide inventory in January for existing single-family homes was up year-over-year by 31.3% and up 39.3% for condo-townhouse units. Continue Reading Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
New York State Home Sales Up for Second Straight Month
Median sales prices swelled by 10.5% to $420,000 from $380,000 one year earlier. Continue Reading New York State Home Sales Up for Second Straight Month
Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
The only notable change to occur was an uptick in the listings and buyers for the ultra-luxury real estate markets. Continue Reading Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
Hits and Misses for the Real Estate Week of Feb. 17-21
HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. Continue Reading Hits and Misses for the Real Estate Week of Feb. 17-21
Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
Gov. Ron DeSantis expressed support for ending property taxes. Continue Reading Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
New Initiative to Provide Prefab Homes to Los Angeles Wildfire Survivors
Steadfast LA did not state how many homes will be made available or when they will first be delivered. Continue Reading New Initiative to Provide Prefab Homes to Los Angeles Wildfire Survivors
Existing Home Sales Down by Nearly 5%
First-time buyers were responsible for 28% of sales in January, down from 31% in December 2024 and identical to January 2024. Continue Reading Existing Home Sales Down by Nearly 5%
The Most Expensive US Home Listing Is…
The most expensive home sale in January was a Fifth Avenue apartment in New York City. Continue Reading The Most Expensive US Home Listing Is…
