U.S. Housing Market Updates
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Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
This is the first purchase for Advanced’s new Opportunity Fund (Advanced Fund 24-3). Continue Reading Advanced Real Estate Pays $41 Million for 138-Unit Southern California Apartment Community
NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
NewDay USA said this new product will allow veterans to “compete like cash buyers and close in as few as 15 days.” Continue Reading NewDay USA Debuts Product That Covers Closing Costs for Veterans and Servicemembers
$48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
All 10 of the homes sold for over $25 million and the top two sold for more than $40 million. Continue Reading $48 Million Beverly Hills Estate Topped August’s List of Most Expensive Home Sales
New Home Sales Surge by 20.5%
The median sales price of new houses sold last month was $413,500. Continue Reading New Home Sales Surge by 20.5%
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Affluent Connecticut Town Challenged Over Affordable Housing Moratorium
The median household income in New Canaan, Connecticut is $214,977. Continue Reading Affluent Connecticut Town Challenged Over Affordable Housing Moratorium
Mortgage Rates Continue to Rise
The 30-year fixed-rate mortgage averaged 6.85% as of Dec. 26. Continue Reading Mortgage Rates Continue to Rise
Thompson Thrift to Develop Boulder-Area Multifamily Community
Construction is expected to be completed in winter 2026. Continue Reading Thompson Thrift to Develop Boulder-Area Multifamily Community
Kentucky Home Sales Up 4.3% Year-Over-Year
Kentucky’s median sales price in November was $267,500. Continue Reading Kentucky Home Sales Up 4.3% Year-Over-Year
Illinois Home Sales Up Nearly 3%
November’s monthly median price of $285,024 was 7.5% higher than the $265,000 price from the prior year. Continue Reading Illinois Home Sales Up Nearly 3%
Mortgage Forbearance Level Inches Up
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.21% last month. Continue Reading Mortgage Forbearance Level Inches Up
Maine Home Sales Up 6.81% in November
The statewide median sales price last month was $385,000. Continue Reading Maine Home Sales Up 6.81% in November
New Single-Family Home Sales Up in November
The median sales price of new houses sold in November was $402,600 while the average sales price was $484,800. Continue Reading New Single-Family Home Sales Up in November
Home Sales in Virginia Up 13% Year-Over-Year
The median sales price in Virginia last month was $415,000, up $30,000 from November 2023. Continue Reading Home Sales in Virginia Up 13% Year-Over-Year
Hits and Misses for the Real Estate Week of Dec. 16-20
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Dec. 16-20














