U.S. Housing Market Updates
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Toll Brothers Opens Model Home for New Luxury Community in Arizona
Homes are priced from $2.5 million. Continue Reading Toll Brothers Opens Model Home for New Luxury Community in Arizona
New York State Inventory Rises, But Home Sales Continue to Decline
Median prices across New York State reached $460,000 last month. Continue Reading New York State Inventory Rises, But Home Sales Continue to Decline
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Existing Home Sales Down, Median Home Price at New High
This marked the 24th consecutive month of year-over-year price increases. Continue Reading Existing Home Sales Down, Median Home Price at New High
Mortgage Application Activity Inches Up Again
The FHA share of total applications decreased to 18.7% from 19% the week prior. Continue Reading Mortgage Application Activity Inches Up Again
Virginia Home Sales Surge Amid Wider Inventory
The median sales price in Virginia was $446,144 in June, up by almost $15,000 for a 3.4% year-over-year uptick. Continue Reading Virginia Home Sales Surge Amid Wider Inventory
Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus
The caucus is backed by several prominent housing trade organizations. Continue Reading Capitol Hill Lawmakers Create Bipartisan Congressional Real Estate Caucus
Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation
Two-thirds of respondents admitted they would seriously consider a home purchase after 30-year mortgage rates fall below 5%. Continue Reading Survey: Nearly Half of Buyers Stopped Looking for Homes Due to Inflation
FHLBank Chicago Now Accepting Affordable Housing Program Grant Applications
Applications for this year’s AHP General Fund grants will be accepted through June 14 at 5:00 p.m. CDT. Continue Reading FHLBank Chicago Now Accepting Affordable Housing Program Grant Applications
Hits and Misses for the Real Estate Week of April 29-May 3
This week’s Hits and Misses include a landlord facing multiple indictments, a pair of new lawsuits and a boffo sale of a game show host’s estate. Continue Reading Hits and Misses for the Real Estate Week of April 29-May 3
Study: Fewer White Buyers Taking Out Mortgages
Slightly less than two-thirds (62.2%) of new mortgages issued in 2023 went to White homebuyers. Continue Reading Study: Fewer White Buyers Taking Out Mortgages
Builders Publish 10-Point Plan to Address Housing Affordability Challenges
“The lack of homes is the primary cause of growing housing affordability challenges,” said NAHB Chairman Carl Harris. Continue Reading Builders Publish 10-Point Plan to Address Housing Affordability Challenges
Sean Hannity Lists Long Island Mansion for $13.75 Million
Hannity acquired the property through a limited liability company in 2008 for $8.5 million. Continue Reading Sean Hannity Lists Long Island Mansion for $13.75 Million
Lennar Opens Stoneriver Community in Suburban Raleigh
Pricing at Stoneriver begins in the mid $400,000s for single-family homes. Continue Reading Lennar Opens Stoneriver Community in Suburban Raleigh
Mortgage Rates Soar for Fifth Consecutive Week
The 30-year fixed-rate mortgage averaged 7.22% as of May 2. Continue Reading Mortgage Rates Soar for Fifth Consecutive Week
The Best Month and Day to Sell a Home Is…
The greatest seller premiums were generated in May, February and April. Continue Reading The Best Month and Day to Sell a Home Is…
