U.S. Housing Market Updates
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Existing Home Sales Up 1.5% in September
The median existing home price for all housing types was $415,200, up 2.1% from the $406,700 recorded one year earlier. Continue Reading Existing Home Sales Up 1.5% in September
Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
At the other end of the spectrum, about 2.8% of mortgaged residential properties were considered seriously underwater in the third quarter. Continue Reading Report: 46.1% of Mortgaged Homes Were Equity-Rich During Q3
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
California Leads Nation with Most Q2 At-Risk Housing Markets
In 19% (111) of the 579 counties with sufficient data to analyze, residents needed to spend at least half of their annualized wages to purchase and maintain a home in the second quarter. Continue Reading California Leads Nation with Most Q2 At-Risk Housing Markets
Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
The governor established an annual Maryland Housing Leadership Awards to recognize jurisdictions that make progress on their housing development goals. The Continue Reading Maryland Gov. Moore Signs Executive Order for Boosting Housing Production
Report: 1 in 4 Homes Exposed to Acute Climate Risks
“Climate risks are no longer a distant threat for U.S. housing—they are a present reality that put a large chunk of US real estate value at risk,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: 1 in 4 Homes Exposed to Acute Climate Risks
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
Asking Rents for New Apartments at Lowest Level in 2 Years
Rents for one-bedroom apartments were down 9% year-over-year to $1,566. Continue Reading Asking Rents for New Apartments at Lowest Level in 2 Years
Report: Affordable Homeownership Remained Elusive in Q3
The national median price for single-family homes and condos was $365,000 in the third quarter. Continue Reading Report: Affordable Homeownership Remained Elusive in Q3
Forecast: California Homes Sales and Prices to Increase in 2025
The state’s median home price is forecast to soar by 4.6% to $909,400 next year. Continue Reading Forecast: California Homes Sales and Prices to Increase in 2025
Grant Cardone: Kamala Harris ‘Does Not Understand Housing’
Cardone noted “we are 4.2 million homes short in America.” Continue Reading Grant Cardone: Kamala Harris ‘Does Not Understand Housing’
Number of Loans in Forbearance Up in August
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.13% in August. Continue Reading Number of Loans in Forbearance Up in August
New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days
Homes in West Palm Beach, Florida, spent a median 79 days on the market before finding a buyer. Continue Reading New Home Sales Down as Nearly Half of Listings Go Untouched for at Least 60 Days
New Orleans Mansion Featured in ‘American Horror Story’ is Sold
During the 1920s the property functioned as Soule Business College. Continue Reading New Orleans Mansion Featured in ‘American Horror Story’ is Sold
Refinancing Drives Up Mortgage Application Activity
The Refinance Index increased 20% from the previous week and was 175% higher than the same week one year ago. Continue Reading Refinancing Drives Up Mortgage Application Activity
Greystar Enters Pittsburgh’s Apartment Market with Ophelia
Ophelia is slated to begin preleasing in late 2025, with final completion targeted for early 2026. Continue Reading Greystar Enters Pittsburgh’s Apartment Market with Ophelia
