U.S. Housing Market Updates
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The Best and Worst Places to Retire Are…
California had four of the five worst cities for retirement. Continue Reading The Best and Worst Places to Retire Are…
Trump Considering a Housing Emergency Declaration
Treasury Secretary Bessent stated the declaration could occur as early as this fall. Continue Reading Trump Considering a Housing Emergency Declaration
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Report: Median Home-Sale Price at New High, But Remains Below Median Asking Price
Redfin noted that homes are selling for below their asking price due to greater quantity of sellers than buyers Continue Reading Report: Median Home-Sale Price at New High, But Remains Below Median Asking Price
2,500-Home Community Planned for Austin Suburb
Construction on phase one of the infrastructure is currently underway. Continue Reading 2,500-Home Community Planned for Austin Suburb
Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
The new community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. Continue Reading Toll Brothers Apartment Living Opens New Luxury Community Outside of Dallas
A Phil Hall Op-Ed: Score One for the Gas Stoves
New federal energy-efficiency standards gave a thumbs up to 97% of the gas stoves now on the market. Continue Reading A Phil Hall Op-Ed: Score One for the Gas Stoves
Angel Oak Mortgage Solutions Rolls Out HELOC Product
The new product allows self-employed homeowners to tap into their home equity while retaining their first mortgage. Continue Reading Angel Oak Mortgage Solutions Rolls Out HELOC Product
Hits and Misses for the Real Estate Week of Jan. 22-26
This week’s Hits and Misses considers a new real estate trade group, increased attention on Native American housing and the collapse of a historic church. Continue Reading Hits and Misses for the Real Estate Week of Jan. 22-26
Pending Home Sales Up by 8.3%
NAR also released its Economic Outlook as of January 2024, projecting a 13% year-over-year increase in existing home sales for 2024 to 4.62 million. Continue Reading Pending Home Sales Up by 8.3%
Mortgage Rates and Purchase Loan Applications Inch Up
“We anticipate a busier spring homebuying season than 2023,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates and Purchase Loan Applications Inch Up
Single-Family Home Sales, Buyer Affordability Ticked Up in December
The national median mortgage payment was $2,055 in December. Continue Reading Single-Family Home Sales, Buyer Affordability Ticked Up in December
Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
The median home price increased 2.1% from 2022, reaching an all-time annual high of $335,000. Continue Reading Sellers Reaped Smaller Profits and ROI for 2023 Home Sales
Median Asking Rents Down in December
“Softening rental prices throughout 2023 offered renters a small reprieve,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Median Asking Rents Down in December
Apartments by Marriott Bonvoy Brand to Expand in Three Countries
The properties are planned in Detroit and St. Louis. Continue Reading Apartments by Marriott Bonvoy Brand to Expand in Three Countries
More Investment Flowing to Affordable Multifamily
While low income home buyers are still struggling with housing affordability and low housing inventory, multifamily developers are attracting investments that are enabling them to build more apartments. Continue Reading More Investment Flowing to Affordable Multifamily
