U.S. Housing Market Updates
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Single-Family Built-for-Rent Construction Down in Q2
Approximately 12,000 SFBFRs were started, down from 25,000 starts in the second quarter of 2024. Continue Reading Single-Family Built-for-Rent Construction Down in Q2
REMAX: Homes Sales Steady, But Taking Longer to Sell
The median sales price in July was $450,000, down 1.1% from June. Continue Reading REMAX: Homes Sales Steady, But Taking Longer to Sell
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Richmond American Homes to Build New Community in Jacksonville
Laurelton will feature single- and two-story homes priced from the $400,000s. Continue Reading Richmond American Homes to Build New Community in Jacksonville
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
Utah’s Largest Mansion Goes Up for Auction This Week
The residence includes a dining room table that can seat up to 42 people and a home theater that can accommodate up to 62 movie lovers. Continue Reading Utah’s Largest Mansion Goes Up for Auction This Week
New Single-Family Home Sales Down in October
The median sales price of new houses sold in October was $409,300 and the average sales price was $487,000. Continue Reading New Single-Family Home Sales Down in October
Hits and Misses for the Real Estate Week of Nov. 20-24
This week’s Hits and Misses considers seller confusion on agent commissions, New York City’s newest hotel and a San Francisco landmark being prepped for flooding in 2100. Continue Reading Hits and Misses for the Real Estate Week of Nov. 20-24
Guest Opinion: The Richmond Fed and the Housing Challenge
In 2022, construction costs were three-fifths of the average sales price for a new single-family home. Continue Reading Guest Opinion: The Richmond Fed and the Housing Challenge
Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
The foundation is planning to deliver more than 200 mortgage-free homes to families across its programs. Continue Reading Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
Florida Home Sales Down While Prices Seesaw Up
Florida had a 3.5-month supply of single-family existing homes in October, up 29.6% year-over-year. Continue Reading Florida Home Sales Down While Prices Seesaw Up
New York State Home Sales Down for 26th Consecutive Month
The inventory of homes for sale across New York was down 21.4% from one year ago. Continue Reading New York State Home Sales Down for 26th Consecutive Month
Mortgage Application Activity at Highest Level in Six Weeks
The refinance share of mortgage activity increased to 32.4% of total applications from 31.9% in the previous week. Continue Reading Mortgage Application Activity at Highest Level in Six Weeks
Survey: 42% of Sellers Didn’t Know They Pay the Buyer’s Agent’s Commission
72% of sellers who worked with an agent believed a good agent was worth every penny of their commission. Continue Reading Survey: 42% of Sellers Didn’t Know They Pay the Buyer’s Agent’s Commission
Existing Home Sales Down in October
NAR reported the median existing-home price for all housing types in October was $391,800. Continue Reading Existing Home Sales Down in October
ATTOM Names Ned Stringham as Chairman of the Board of Directors
ATTOM also announced the promotions of Ana Flor to chief people officer and Kara Taylor to chief marketing officer. Continue Reading ATTOM Names Ned Stringham as Chairman of the Board of Directors
