U.S. Housing Market Updates
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Builder Confidence Rises Despite Market Challenges
“The HMI gain in October is a positive signal for 2026 as our forecast is for single-family housing starts to gain ground next year,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Rises Despite Market Challenges
Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Pennsylvania Housing Inventory Hits 3-Year High
The median home price rose 6.5% year-over-year to $320,000 in July. Continue Reading Pennsylvania Housing Inventory Hits 3-Year High
Mortgage Rates Remain Flat
The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21. Continue Reading Mortgage Rates Remain Flat
How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
Completed in 1959 and nicknamed “The Mothership,” the 7,000-square-foot roundhouse design took five years to construct with a no-expense-spared budget. Continue Reading How Sweet It Is! Jackie Gleason’s UFO-Inspired Home Listed for $5.5 Million
Keep Government Out of Real Estate with Market-Driven Solutions: John G. Stevens’ Perspective
Ronald Reagan once said, “The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.” Continue Reading Keep Government Out of Real Estate with Market-Driven Solutions: John G. Stevens’ Perspective
Hits and Misses for the Real Estate Week of Aug. 12-16
This week’s Hits and Misses involve Kamala Harris’ housing plans, a new era in real estate commissions and a new assault on phony online reviews. Continue Reading Hits and Misses for the Real Estate Week of Aug. 12-16
RE/MAX: Home Prices Drop as Sales Rise 3.8%
RE/MAX found the median price of $425,000 was $5,000 lower than June’s price, a 1.2% drop. Continue Reading RE/MAX: Home Prices Drop as Sales Rise 3.8%
A New Record: 1 in 10 Homes Are Worth $1 Million or More
California has the most metros with million-dollar homes. Continue Reading A New Record: 1 in 10 Homes Are Worth $1 Million or More
Housing Starts Tumble by 14.1%
Housing starts were at the lowest level since May 2020. Continue Reading Housing Starts Tumble by 14.1%
Investor Home Purchases Recorded Biggest Increase in 2 Years
San Jose and Las Vegas recorded 27% year-over-year increases in investor home purchases during the second quarter. Continue Reading Investor Home Purchases Recorded Biggest Increase in 2 Years
Fewer Foreign Buyers Are Purchasing Texas Homes
About 37% of international buyers of Texas houses came from Mexico. Continue Reading Fewer Foreign Buyers Are Purchasing Texas Homes
Builder Confidence at 8-Month Low
Nonetheless, the NAHB is expecting a rosier near future. Continue Reading Builder Confidence at 8-Month Low
Trump Organization Plans Residential and Retail Project for Florida Golf Resort
The new project, which would carry the Trump brand, is budgeted at costing between $2.5 billion and $3 billion. Continue Reading Trump Organization Plans Residential and Retail Project for Florida Golf Resort
Foreclosure Activity Up During July
Nationwide, one in every 4,414 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Up During July
