U.S. Housing Market Updates
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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
D.R. Horton to Launch New Master-Planned Community in Utah
The first homes in Viridian are expected to be available for sale in January. Continue Reading D.R. Horton to Launch New Master-Planned Community in Utah
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
RE/MAX: November Home Sales Up 6.3% Year-Over-Year
November’s median sales price of $429,000 was up 5.7% from the $406,000 level set one year earlier. Continue Reading RE/MAX: November Home Sales Up 6.3% Year-Over-Year
New Platform Helps Buyers Choose Areas Based on Voting Results
Oyssey has rolled in South Florida and New York City this month. Continue Reading New Platform Helps Buyers Choose Areas Based on Voting Results
Hits and Misses for the Real Estate Week of Dec. 9-13
This week’s Hits and Misses include a slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. Continue Reading Hits and Misses for the Real Estate Week of Dec. 9-13
Newly Built Homes Account for 28% of Q3 Single-Family Home Sales
The record high for newly built single-family homes for sale was 34.4% set the start of 2022. Continue Reading Newly Built Homes Account for 28% of Q3 Single-Family Home Sales
New Fund Focuses on BTR Communities in Opportunity Zones
“This tax-advantaged real estate fund is targeting strong risk-adjusted returns,” said Jeff Feinstein, managing partner at Pinnacle Partners. Continue Reading New Fund Focuses on BTR Communities in Opportunity Zones
Cape Cod Estate Adjacent to the Kennedy Compound Listed for Nearly $20 Million
The estate known as Port View was built in 1914. Continue Reading Cape Cod Estate Adjacent to the Kennedy Compound Listed for Nearly $20 Million
Mortgage Rates Up for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.72% as of Oct. 31. Continue Reading Mortgage Rates Up for Fifth Straight Week
Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Buyer’s agent commissions for homes listed under $500,000 inched up from an average of 2.41% in August to 2.43% in October. Continue Reading Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Mortgage rates were at a historic low of 2.65% in 2021 before soaring to decade-long highs of 7.79% in the fall of 2023. Continue Reading Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Zombie Foreclosures Down 20% from Last Year
The number of zombie properties has gone up quarterly in 30 states. Continue Reading Zombie Foreclosures Down 20% from Last Year
California Realtors Report More Canceled Sales Due to Insurance Challenges
Furthermore, 21% of realtor respondents said they had clients who are using the FAIR Plan Continue Reading California Realtors Report More Canceled Sales Due to Insurance Challenges
Pending Home Sales Up 7.4%
Year-over-year, pending transactions were up by 2.6%. Continue Reading Pending Home Sales Up 7.4%
The BLVD Group Acquires New Hampshire Affordable Housing Community for $97 Million
This is the largest single bond-financed housing transaction in the state’s history. Continue Reading The BLVD Group Acquires New Hampshire Affordable Housing Community for $97 Million
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
