U.S. Housing Market Updates
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Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
During July, homes marketed as fixer-uppers came with a median list price tag of just $200,000, which is 54% below the $436,250 median for all single-family homes. Continue Reading Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
California Home Sales Up, Reversing 3-Month Slump
California’s median home price fell for the second straight month in June to $899,560. Continue Reading California Home Sales Up, Reversing 3-Month Slump
Mortgage Rates on the Rise Again
The 30-year fixed-rate mortgage averaged 6.75% as of July 17. Continue Reading Mortgage Rates on the Rise Again
Mortgage Applications on New Home Purchases Up 8.5% from Last Year
The average loan size for new homes decreased from $379,209 in May to $376,077 in June. Continue Reading Mortgage Applications on New Home Purchases Up 8.5% from Last Year
Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’
“It’s been decades in the making,” said Stefan Pryor. Continue Reading Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’
Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers
Increased levels of natural disaster risks have prompted many insurers to stop doing business in Florida and California. Continue Reading Florida and California Homeowners Report Higher Level of Problems with Insurance Carriers
Mortgage Application Activity Rises Again
The seasonally adjusted Purchase Index increased 5% from one week earlier and the unadjusted index was up by 6%. Continue Reading Mortgage Application Activity Rises Again
New Home Purchase Mortgage Applications Up 6.2%
The average loan size for new homes was $405,400 in March. Continue Reading New Home Purchase Mortgage Applications Up 6.2%
Housing Starts Plummet by 12.4%
“This is the largest month-over-month drop in housing starts since the Covid lockdowns,” said economist Dr. Anthony B. Sanders. Continue Reading Housing Starts Plummet by 12.4%
Maryland Home Sales Down Nearly 14%
The average sales price in March was $473,442, up 6.3% year-over-year. Continue Reading Maryland Home Sales Down Nearly 14%
Click n’ Close Adds Shared Appreciation Option to Down Payment Assistance Line
DPA with Share Appreciation is available through Click n’ Close’s retail and wholesale divisions. Continue Reading Click n’ Close Adds Shared Appreciation Option to Down Payment Assistance Line
Landsea Homes Adds Insurance Coverage to Financial Services Line
The new Landsea Insurance Agency is created in collaboration with Westwood Insurance Agency. Continue Reading Landsea Homes Adds Insurance Coverage to Financial Services Line
Thompson Thrift to Develop 276-Unit Multifamily Community in Vero Beach
The company plans to begin construction this month, with completion expected in summer 2026. Continue Reading Thompson Thrift to Develop 276-Unit Multifamily Community in Vero Beach
A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?
Should the federal government take a more proactive role by incentivizing builders to ratchet up the national housing supply? Continue Reading A Phil Hall Op-Ed: Can a Biden ‘Moonshot Initiative’ Increase Housing Supply?
