U.S. Housing Market Updates
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Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
“When people truly understand the process, they will succeed,” said Beeston. Continue Reading Jennifer Beeston Debuts ’60-Minute Homebuyer’ Course
$110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
The Spelling Manor’s $110 million sale price was far greater than the runner-up on the list, a $51 million transaction in Delray Beach, Florida. Continue Reading $110 Million LA Estate of Aaron Spelling Tops List of July’s Most Expensive Home Sales
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Existing Home Sales Down by 0.5% in April
The median existing-home price for all housing types in April was $414,000, up 1.8% from the $406,600 in April 2024. Continue Reading Existing Home Sales Down by 0.5% in April
$16.9 Million Allocated for Virginia Workforce Housing Investment Program
The program aims to increase the workforce housing supply in areas that have new or expanding businesses. Continue Reading $16.9 Million Allocated for Virginia Workforce Housing Investment Program
Listings Featuring Swimming Pools at an All-Time High
Realtor.com acknowledged that homes with pools are generally larger than those without. Continue Reading Listings Featuring Swimming Pools at an All-Time High
Toll Brothers to Begin Sales on New Florida Development
Construction of the sales center and model homes is underway. Continue Reading Toll Brothers to Begin Sales on New Florida Development
Search by School Feature Added to Zillow App
The feature is currently available on the iOS mobile app and will be on Android platforms by the end of the year. Continue Reading Search by School Feature Added to Zillow App
Slight Uptick in Mortgage Application Activity
“The level of ARM applications increased by 15% over the week,” said MBA’s Joel Kan. Continue Reading Slight Uptick in Mortgage Application Activity
Mortgage Credit Availability Up Slightly in September
“There were more loan programs for ARM loans for borrowers seeking lower initial monthly payments,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Up Slightly in September
Homebuyers Increasingly Tap Into the Bank of Mom and Dad
“The challenging market conditions this year are changing buyer behavior in significant ways,” said Realtor.com’s Danielle Hale. Continue Reading Homebuyers Increasingly Tap Into the Bank of Mom and Dad
Alta at The Farm, a Residential Community, Opens in Dallas Suburb
The new community is based in the heart of The Farm, a 135-acre mixed-use development. Continue Reading Alta at The Farm, a Residential Community, Opens in Dallas Suburb
Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
“Today, the spread between 30-year mortgage rates and 10-year Treasury yield is at historically high levels,” the trade groups warned. Continue Reading Housing Trade Groups Warn Powell That Fed Policies Fuel ‘Ongoing Market Uncertainty’
California Association of Realtors Provides More Funding for Closing Cost Assistance Program
Under the program, eligible low- and moderate-income homebuyers will receive up to $10,000 in financial support to cover their closing costs. Continue Reading California Association of Realtors Provides More Funding for Closing Cost Assistance Program
Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure
“Mortgage rates persistently over 7% appear to be deepening the malaise consumers feel about the home purchase market,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure
Capital Square Teams with Japanese Firm to Acquire BFR Single-Family Community in Texas
The 100-unit Creekside Terrace is being developed by Pulte Homes. Continue Reading Capital Square Teams with Japanese Firm to Acquire BFR Single-Family Community in Texas
