U.S. Housing Market Updates
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Report: More Homes Selling at Discounted Prices
The typical home sold for 1.4% less than its final list price. Continue Reading Report: More Homes Selling at Discounted Prices
Report: Down Payment Level Held Steady During Q3
During the third quarter, the average down payment share remained near 14.4% of the purchase price. Continue Reading Report: Down Payment Level Held Steady During Q3
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
New Data Reports Affirm Home Prices Are Still on the Rise
The FHFA reported second quarter house prices were up year-over-year in 46 states. Continue Reading New Data Reports Affirm Home Prices Are Still on the Rise
Arizona Couple Sued for Running Foreclosure Rescue Schemes
Edward Trenton Albarracin and Gretchen Marie Zamjahn operated more than 50 fraudulent entities. Continue Reading Arizona Couple Sued for Running Foreclosure Rescue Schemes
ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
The development will feature more than 3.5 acres of retail pad sites, which are available for ground lease. Continue Reading ECI Group Breaks Ground on Savannah-Area Mixed-Use Development
Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
The Orchard last changed hands in 2018 for $4.35 million. Continue Reading Historic Newport Mansion’s $10.8 Million Sale is Rhode Island’s Biggest of 2024
Lennar Unveils New Townhome Community in Miami Metro Area
The two-story townhomes range from 1,330 to 1,545 square feet. Continue Reading Lennar Unveils New Townhome Community in Miami Metro Area
Hits and Misses for the Real Estate Week of Aug. 26-29
This week’s Hits and Misses include the California state government’s unique housing policy priorities and the debate over Fed rate cuts. Continue Reading Hits and Misses for the Real Estate Week of Aug. 26-29
MBA: Housing Affordability Improved in July
The national median mortgage payment for FHA loan applicants was $1,838 in July, down from $1,907 in June. Continue Reading MBA: Housing Affordability Improved in July
Mortgage Rates Drop Again
The 30-year fixed-rate mortgage averaged 6.35% as of Aug. 29. Continue Reading Mortgage Rates Drop Again
Pending Home Sales Plummeted in July
“A sales recovery did not occur in midsummer,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Plummeted in July
Study: Buyers Need to Earn Nearly $80,000 Annually to Afford a Typical Starter Home
On the plus side, listings of starter homes were up nearly 20% year-over-year nationwide in July. Continue Reading Study: Buyers Need to Earn Nearly $80,000 Annually to Afford a Typical Starter Home
Home Mortgage Lending Records Q2 Rebound
Purchase loan activity was up by 32.7% while refinance deals rose by 10.3%. Continue Reading Home Mortgage Lending Records Q2 Rebound
Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
The product is for homeowners seeking to quickly remove home sale contingencies and debt-to-income constraints at any point in the homebuying process. Continue Reading Calque Launches Contingency Buster, a New ‘Buy Before You Sell’ Program
California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
This is California’s largest home insurance hike in three years. Continue Reading California Approves Allstate’s Request for Home Insurance Hike of 34% on Average
