U.S. Housing Market Updates
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California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Only 36% believed they had the financial wherewithal for that responsibility. Continue Reading Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
ALTA has also updated its Best Practices framework to help title agents better identify emerging versions of these crimes. Continue Reading ALTA Adds Title Insurance Endorsements to Combat Seller Impersonation Fraud
Mortgage Application Activity Down Slightly
Among the federal program, the FHA share of total applications increased to 19.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Down Slightly
The Best Housing Markets? Two New Data Reports Offer Different Opinions
Realtor.com and WalletHub offer rival data reports. Continue Reading The Best Housing Markets? Two New Data Reports Offer Different Opinions
Survey: One in Five Buyers Willing to Sacrifice Safety for Affordable Home
More than one in four (28%) said they would be willing to live in an area with a higher risk of natural or climate disasters. Continue Reading Survey: One in Five Buyers Willing to Sacrifice Safety for Affordable Home
Study: 28% of Title Insurance Companies Report Seller Impersonation Fraud
“Title insurance offers protection when seller impersonation fraud does occur,” said ALTA CEO Diane Tomb. Continue Reading Study: 28% of Title Insurance Companies Report Seller Impersonation Fraud
Exuma Capital Partners Launches AI-Powered Platform Property.com
According to a statement from the company, Property.com “empowers homeowners to take control of their most significant investments with ease.” Continue Reading Exuma Capital Partners Launches AI-Powered Platform Property.com
Hits and Misses for the Real Estate Week of July 29-Aug. 2
This week’s Hits and Misses include reckless political talk about housing, Chevron moving its headquarters to Texas and a contaminated school for sale. Continue Reading Hits and Misses for the Real Estate Week of July 29-Aug. 2
Renter Population Is Growing 3X Faster Than Homeowner Population
Nationwide, just over one-third (34.4%) of households are in rental housing. Continue Reading Renter Population Is Growing 3X Faster Than Homeowner Population
Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
The court’s 5-2 ruling determined that a “residence” is not synonymous with a permanent presence. Continue Reading Connecticut Supreme Court Rules in Favor of Homeowners Making Short-Term Rentals
Louis CK Lists Shelter Island Estate for $9.25 Million
The Tudor-stye 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Lists Shelter Island Estate for $9.25 Million
Mortgage Rates Drop to 6-Month Low
The 30-year fixed-rate mortgage averaged 6.73% as of Aug. 1. Continue Reading Mortgage Rates Drop to 6-Month Low
Housing Inventory Reaches Post-Pandemic High
The amount of time that homes are spending on the market is also growing. Continue Reading Housing Inventory Reaches Post-Pandemic High
Half of Q2 Mortgaged Homeowners Are Equity-Rich
The share of home mortgages that were seriously underwater fell to 2.4%. Continue Reading Half of Q2 Mortgaged Homeowners Are Equity-Rich
