U.S. Housing Market Updates
View up-to-the-moment updates on the U.S. Housing Market. To receive weekly updates to your email inbox, click the "subscribe" button below. Subscribe to UpdatesCurrent U.S. Housing Market News
Get the top headlines in the current U.S. housing market in the articles below. Do you have news you would like to contribute? Submit a guest post here. To receive weekly updates with the top U.S. housing market updates and more sent to your mailbox, subscribe by clicking the button below.
30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
The 15-year fixed-rate mortgage averaged 5.69%, unchanged from last week. Continue Reading 30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
Pending Home Sales Down 0.4% in July
NAR added that its Realtors Confidence Index survey in July found 16% of its members expecting an increase in buyer traffic over the next three months. Continue Reading Pending Home Sales Down 0.4% in July
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Home Flipping Profits Down in Q1
The typical investor paid $260,000 for a home they flipped in the first quarter and sold the property for $325,000. Continue Reading Home Flipping Profits Down in Q1
RE/MAX: Home Sales Up for Fourth Consecutive Month
The median sales price also increased year-over-year for the 23rd straight month to reach $442,000. Continue Reading RE/MAX: Home Sales Up for Fourth Consecutive Month
Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Northern California Estate Sells at Discounted $25 Million
Foreclosure Filings Up 10% in 2023
The state with the highest foreclosure rates in 2023 was New Jersey with 0.46% of housing units with a foreclosure filing. Continue Reading Foreclosure Filings Up 10% in 2023
NRL Mortgage and Calque Unveil The Trade-In Mortgage
“NRL Mortgage stood out as one of the top mortgage lenders to offer The Trade-In Mortgage,” said Dan Mugge, chief operating officer at Calque. Continue Reading NRL Mortgage and Calque Unveil The Trade-In Mortgage
California Home of Monkee Michael Nesmith Sells for $3.25 Million
The singer-songwriter died at his home in 2021 from heart failure at the age of 78. Continue Reading California Home of Monkee Michael Nesmith Sells for $3.25 Million
Mortgage Application Volume Up Nearly 10%
The holiday adjusted Refinance Index increased 19% from the previous week and was 30% higher than the same week one year ago. Continue Reading Mortgage Application Volume Up Nearly 10%
HUD Awards $40 Million to Housing Counseling Services
HUD plans to award grants to more than 150 housing counseling agencies and intermediary organizations. Continue Reading HUD Awards $40 Million to Housing Counseling Services
Guaranteed Rate Debuts RateReduce Sell Program
Chicago-headquartered Guaranteed Rate has enhanced its RateReduce offering to include RateReduce Sell, a program designed to help real estate agents facing a challenging home sales market. According to the company, RateReduce Sell provides real estate agents the...
Lennar to Open New Community in Raleigh Suburb
Pricing at Franklin Townes begins in the high $200,000s. Continue Reading Lennar to Open New Community in Raleigh Suburb
Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
Jacob Deutsch has a prior criminal history with a wire fraud conviction stemming from an insurance fraud scheme. Continue Reading Two Men Sentenced for $50 Million Connecticut Mortgage Fraud Scheme
NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
The plaintiffs’ attorneys argued NAR and the brokerages were “rehashing” arguments they “lost over and over again” during the trial. Continue Reading NAR and Brokerages Seek to Overturn Sitzer/Burnett Verdict
Tejon Ranch to Begin Construction on Multifamily Community
Construction will begin in late January, with the first units becoming available in the first half of 2025. Continue Reading Tejon Ranch to Begin Construction on Multifamily Community
