U.S. Housing Market Updates
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Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Continue Reading Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
Report: 15% of Home Purchase Agreements Canceled in August
This is up from 14.3% one year earlier and marked the highest August rate in records dating back to 2017. Continue Reading Report: 15% of Home Purchase Agreements Canceled in August
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Kolter Homes Unveils New Gated Community in Florida
Scheduled to open in the summer, the homes at The Cove at Park Trace will feature single-story floor plans with two to five bedrooms. Continue Reading Kolter Homes Unveils New Gated Community in Florida
Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
“I now live in Florida because of Elizabeth Warren,” said the “Shark Tank” star. Continue Reading Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Case-Shiller: Home Prices Reach Another New High
Home prices in 13 markets were currently at all-time highs. Continue Reading Case-Shiller: Home Prices Reach Another New High
A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
Ten real estate-related questions for the two presumptive presidential candidates. Continue Reading A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
Alabama Home Sales Up for Fourth Consecutive Month
The median sales price in May fell by $23,692 to $204,184, a 10.4% year-over-year decline. Continue Reading Alabama Home Sales Up for Fourth Consecutive Month
Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
During May, the $1,653 median apartment asking rent in May was $47 below its record high. Continue Reading Redfin: Only 39% of Renters Can Afford a Median-Priced Apartment
Treasury Department Rolls Out New Initiative to Increase Housing Affordability
“Given the scale of the challenge, we must and will continue to do more,” said Treasury Secretary Janet Yellen. Continue Reading Treasury Department Rolls Out New Initiative to Increase Housing Affordability
Hits and Misses for the Real Estate Week of June 17-21
Disappointing housing and personal finance data reports, property tax breaks for an unlikely business and a land transfer that rights a historic wrong. Continue Reading Hits and Misses for the Real Estate Week of June 17-21
New Listings and Median Home Prices Up in Florida, But Sales Are Down
Single-family existing homes were at a 4.4-months’ supply while condo-townhouse inventory was at a 7.2-months’ supply. Continue Reading New Listings and Median Home Prices Up in Florida, But Sales Are Down
New York State Home Sales Continue to Decline
The state’s median sales prices soared by 8.3%. Continue Reading New York State Home Sales Continue to Decline
Existing Home Sales Slip Despite Stronger Inventory
The median existing-home price for all housing types in May was $419,300, a new record high. Continue Reading Existing Home Sales Slip Despite Stronger Inventory
Cityview Acquires Bay Area Multifamily Complex
Tralee Village Apartments sits above more than 30,000 square feet of curated ground-floor retail. Continue Reading Cityview Acquires Bay Area Multifamily Complex
