U.S. Housing Market Updates
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NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
NAR noted that the shutdown has resulted in the halting of NFIP’s authority to issue new policies. Continue Reading NAR Warns of Disruptions to NFIP if Government Shutdown Drags On
Starter Home Sales and Prices Outpace Other Housing Sectors
August’s price data marked the 12th consecutive month for starter home price increases, outpacing other price tiers Continue Reading Starter Home Sales and Prices Outpace Other Housing Sectors
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Hits and Misses for the Real Estate Week of May 20-24
An outrageous claim to a landmark property, an overlap of real estate and politics, and a tuneful agent begins his new job. Continue Reading Hits and Misses for the Real Estate Week of May 20-24
NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
California’s San Jose-Sunnyvale-Santa Clara market was the most severely cost-burdened market during the first quarter. Continue Reading NAHB: Families Must Spend 38% of Their Income on Mortgage Payments
New Listings in Virginia Up by Nearly 20%
Virginia’s housing market recorded its fifth straight month of expanded active listings. Continue Reading New Listings in Virginia Up by Nearly 20%
Expanded New Listings Drive Up Delaware Home Sales
Also rising were median listing prices – $411,600, up by 5.55%. Continue Reading Expanded New Listings Drive Up Delaware Home Sales
Independent Mortgage Banks Report Q1 Net Production Losses
The average production volume was $384 million per company in the first quarter. Continue Reading Independent Mortgage Banks Report Q1 Net Production Losses
Gallup Poll: Americans View Real Estate as Best Long-Term Investment
This is the tenth straight year that real estate topped the Gallup survey. Continue Reading Gallup Poll: Americans View Real Estate as Best Long-Term Investment
Mortgage Rates Drop Below 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.57%. Continue Reading Mortgage Rates Drop Below 7%
Home Sales Tumble While Median Prices Set a New Record
Sales of new single-family houses during April were at a seasonally adjusted annual rate of 634,000. Continue Reading Home Sales Tumble While Median Prices Set a New Record
Report: Vermont Leads US for Mortgage Delinquencies
Vermont’s eastern neighbor, New Hampshire, recorded the lowest level of mortgage delinquencies. Continue Reading Report: Vermont Leads US for Mortgage Delinquencies
The Real Brokerage Launches Luxury Division
Real Luxury agents are expected to earn CLHMS designation. Continue Reading The Real Brokerage Launches Luxury Division
