U.S. Housing Market Updates
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Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
One in every 3,987 housing units had a foreclosure filing last month. Continue Reading Year-Over-Year Foreclosure Activity Up for Sixth Straight Month
Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Insurance challenges have forced one-third (33.7%) of home searchers to change the geographic area where they are looking for a home Continue Reading Survey Finds Most Homeowners Fear Insurance Will Become Unaffordable
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Missouri to Host Public Meetings to Discuss Property Tax Reform
Six public meetings will be held from mid-July through early September. Continue Reading Missouri to Host Public Meetings to Discuss Property Tax Reform
Report: Condo Prices Drop in Second Largest Decline on Record
Condo sales were down 11.9% year-over-year in May, the largest decline since June 2024. Continue Reading Report: Condo Prices Drop in Second Largest Decline on Record
Rocket Companies Completes Acquisition of Redfin
Redfin has adopted a new brand identity as “Redfin Powered by Rocket.” Continue Reading Rocket Companies Completes Acquisition of Redfin
Mortgage Rates Dip, But Still Close to 7%
The 30-year fixed-rate mortgage averaged 6.88% as of March 7, down from last week when it averaged 6.94%. Continue Reading Mortgage Rates Dip, But Still Close to 7%
The Best Month For Selling a House Is…
“The best time to list is when it makes the most sense for their lives,” said Zillow Chief Economist Skylar Olsen. Continue Reading The Best Month For Selling a House Is…
Three States Have 34 of the 50 Most At-Risk County Housing Markets
The Midwest and South had the most markets considered least likely to decline. Continue Reading Three States Have 34 of the 50 Most At-Risk County Housing Markets
Q4 2023 Home Equity Up by 8.6%
The total number of mortgaged homes in negative equity decreased by 1.1% to 1 million homes, or 1.8% of all mortgaged properties. Continue Reading Q4 2023 Home Equity Up by 8.6%
Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
The Biden agenda proposes increasing the corporate tax rate to 28% and the corporate minimum tax to 21%. Continue Reading Biden’s State of the Union Speech to Avoid Housing and Commercial Real Estate Challenges
Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Properties sold for $1.5 million or more would be forced to pay a 3% transfer tax, which is four times the current rate. Continue Reading Appeals Court Restores ‘Mansion Tax’ Referendum to Chicago Ballot
Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter
“We are removing a hurdle from the loan application process,” said Cyndi Danko, senior vice president and single-family chief credit officer. Continue Reading Fannie Mae Upgrades Data Validation Capabilities in Desktop Underwriter
HUD Allocates $10 Million in Grants to Housing Counseling Agencies
HUD said the funds will be used “to increase homeownership rates among historically underserved communities.” Continue Reading HUD Allocates $10 Million in Grants to Housing Counseling Agencies
What’s Driving Today’s Homebuyers: Price or Location?
56% of survey respondents cited price as being more important than location, which was cited by 50%. Continue Reading What’s Driving Today’s Homebuyers: Price or Location?
Zillow to Provide Multifamily Rental Listings on Realtor.com
Zillow will begin syndicating multifamily rental listings to Realtor.com later this spring. Continue Reading Zillow to Provide Multifamily Rental Listings on Realtor.com
