U.S. Housing Market Updates
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New Data Reports Highlight a Wobbly Housing Market
The median home sale price rose 1.4% year-over-year in July to $443,867, the highest July level on record. Continue Reading New Data Reports Highlight a Wobbly Housing Market
Utah City Approves 34% Property Tax Hike
The supporters of this measure cited a $540,000 budget shortfall for fiscal year 2026. Continue Reading Utah City Approves 34% Property Tax Hike
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Investors Say ‘No, Thanks!’ to Buying Condos
While investors are shying away from condos, they are continuing to pursue single-family homes. Continue Reading Investors Say ‘No, Thanks!’ to Buying Condos
Mortgage Application Activity Drops as Home Prices Rise
The first quarter home prices were up on a year-over-year basis in 49 states and the District of Columbia; Hawaii was the lone state with a price decline. Continue Reading Mortgage Application Activity Drops as Home Prices Rise
Buffalo Council Approves 8% Property Tax Hike
Acting Mayor Scanlon put forth the 8% property tax levy increase proposal last month, claiming it would generate around $13.7 million. Continue Reading Buffalo Council Approves 8% Property Tax Hike
Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
Only 2.5% of all residential mortgages, or one in 40, were considered seriously underwater in the third quarter. Continue Reading Q3 Housing: Fewer Equity-Rich Homes, Less Underwater Mortgages
Edson Awards Honors Affordable Housing Initiatives
“Skyrocketing rents continue to burden millions of American families, even in areas once considered affordable,” said AHTCC CEO Emily Cadik. Continue Reading Edson Awards Honors Affordable Housing Initiatives
Julia Roberts Sells Her San Francisco Mansion
The five-level property was acquired by the Oscar-winner in January 2020 for $8.3 million. Continue Reading Julia Roberts Sells Her San Francisco Mansion
Nearly One-Third of Q3 Homes for Sale Were New Construction
The 30.6% share is the highest of any third quarter on record. Continue Reading Nearly One-Third of Q3 Homes for Sale Were New Construction
MBA: Purchase Loan Applications at Lowest Level Since 1995
Refinance applications were at their lowest level since January. Continue Reading MBA: Purchase Loan Applications at Lowest Level Since 1995
loanDepot Unveils accessZERO Program to Assist Homebuyers
The new program is available nationwide for Federal Housing Administration purchase mortgages. Continue Reading loanDepot Unveils accessZERO Program to Assist Homebuyers
Jury Finds NAR Guilty in Sitzer/Burnett Case
The case was originally filed four years ago. Continue Reading Jury Finds NAR Guilty in Sitzer/Burnett Case
Fear Not, Zombie Foreclosures Pose No Great Risk
About 8,900 sit vacant as zombie foreclosures in the fourth quarter. Continue Reading Fear Not, Zombie Foreclosures Pose No Great Risk
NAR Adds IRAR Trust Company as Partner in its Realtor Benefits Program
IRAR will provide discounted self-directed IRAs and solo 401(k) accounts to NAR members, their families, and association staff. Continue Reading NAR Adds IRAR Trust Company as Partner in its Realtor Benefits Program
S&P CoreLogic Case-Shiller: Home Prices Continue to Rise
For the fourth straight month, Chicago reported the highest year-over-year gain among the 20 cities tracked by the index. Continue Reading S&P CoreLogic Case-Shiller: Home Prices Continue to Rise
