U.S. Housing Market Updates
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Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
Tax officials in Bloomfield Township, Michigan, said the Pultes’ exemption was being immediately revoked. Continue Reading Report: Bill Pulte’s Father and Stepmother Claimed Primary Residence on 2 Different Homes
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
HUD Proposes Eliminating Green Housing Mandate
“At HUD, we’re mission-minded and focused on helping to put affordable housing within reach for hardworking Americans,” said Secretary Scott Turner. Continue Reading HUD Proposes Eliminating Green Housing Mandate
Refinancing Fuels Mild Uptick in Mortgage Application Activity
“The average loan size for purchase applications declined to $436,300, the lowest level since January 2025,” said MBA’s Joel Kan. Continue Reading Refinancing Fuels Mild Uptick in Mortgage Application Activity
California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months
January marked the first time in 10 months the median price was below $800,000. Continue Reading California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months
Housing Starts Down for January
Single‐family housing completions were 16.3% below the revised December rate of 1.02 million. Continue Reading Housing Starts Down for January
Rod Stewart Discounts His Beverly Hills Estate from $80 Million to $74 Million
Stewart acquired the nearly three-acre property in 1991 for $12 million. Continue Reading Rod Stewart Discounts His Beverly Hills Estate from $80 Million to $74 Million
Christopher Todd Communities to Open Three New Regional Offices
“The time is right for this kind of expansion,” said CEO Todd Wood. Continue Reading Christopher Todd Communities to Open Three New Regional Offices
Mortgage Rates Rise Again
“The economy has been performing well so far this year and rates may stay higher for longer,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Rise Again
The Top Market for Real Estate Investing in Short-Term Rentals Is…
Columbus, Georgia, topped the list, with AirDNA citing “its affordable typical home value of $160,600.” Continue Reading The Top Market for Real Estate Investing in Short-Term Rentals Is…
Builder Confidence at 6-Month High
NAHB Chief Economist Robert Dietz forecasted “single-family starts will rise about 5% this year.” Continue Reading Builder Confidence at 6-Month High
Investors Bought 26% of Affordable Homes During Q4 2023
Single-family homes represented 68.6% of investor purchases in the fourth quarter. Continue Reading Investors Bought 26% of Affordable Homes During Q4 2023
Guild Mortgage Acquires Academy Mortgage Corp.
This transaction is Guild’s sixth acquisition since 2021. Continue Reading Guild Mortgage Acquires Academy Mortgage Corp.
Mortgage Application Activity Down 2.3%
The Refinance Index decreased 2% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Down 2.3%
