U.S. Housing Market Updates
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Hits and Misses for the Real Estate Week of March 24-28
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. Continue Reading Hits and Misses for the Real Estate Week of March 24-28
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
The revised forecast was mirrored by a mild upward revision for predicted existing home sales in 2025. Continue Reading Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Mixed Results in Latest Mortgage Rate Data
The 30-year fixed-rate mortgage averaged 6.65% as of March 13 Continue Reading Mixed Results in Latest Mortgage Rate Data
Realtor.com: Down Payment Levels Hit Record High in 2024
Realtor.com determined that buyers paid 14.4% as a share of purchase price. Continue Reading Realtor.com: Down Payment Levels Hit Record High in 2024
JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
The transactions mark JPMREIT’s fifth and sixth investments in the residential sector. Continue Reading JP Morgan Real Estate Income Trust Acquires 2 Southeastern Residential Assets
Kolter Homes Unveils New 55+ Community in Florida
The community will feature over 800 homes. Continue Reading Kolter Homes Unveils New 55+ Community in Florida
Sluggish Refinance Activity Drives Down Mortgage Application Levels
The Refinance Index decreased 5% from the previous week, although it was 63% higher than the same week one year ago. Continue Reading Sluggish Refinance Activity Drives Down Mortgage Application Levels
Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
GenZ renters were the most optimistic, with 53% believing homeownership was very or somewhat possible. Continue Reading Survey: Nearly Half of Renters Feel Homeownership is Out of Reach
Virginia Home Sales Down 9%
The February median sales price in Virginia was $403,500. Continue Reading Virginia Home Sales Down 9%
Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
Cornerstone is now managing joint venture mortgage companies with 15 homebuilders nationwide. Continue Reading Cornerstone Capital Bank in Joint Ventures with Texas, North Carolina Homebuilders
New Home Sales Up in February
The median sales price of new houses sold in February 2025 was $414,500 while the average sales price was $487,100. Continue Reading New Home Sales Up in February
NAR Adds New MLS Policy for ‘Delayed Marketing Exempt Listings’
The National Association of Realtors (NAR) has unveiled “Multiple Listing Options for Sellers,” a new policy that is designed to exist in conjunction with its Clear Cooperation Policy. According to NAR, the policy introduces a new category of exempt listings called...
Case-Shiller, FHFA Point to Continued Home Price Increases
The FHFA House Price Index data found prices up 4.8% from January 2024 to January 2025. Continue Reading Case-Shiller, FHFA Point to Continued Home Price Increases
Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
West purchased the property in 2021 for $57 million but left behind an unfinished renovation project. Continue Reading Kanye West’s Former Malibu Property Listed Six Months After Being Acquired
Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
Sale prices dropped in Altadena and rose in the Palisades last month. Continue Reading Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades
