U.S. Housing Market Updates
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New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Hits and Misses for the Real Estate Week of April 28-May 2
The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of April 28-May 2
Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Redfin blamed the slowing of multifamily construction on a combination of flattening rents and higher borrowing costs. Continue Reading Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Century Communities Unveils New Atlanta-Area Community
The new community will feature nearly 100 single-family homes priced from the low $300,000s. Continue Reading Century Communities Unveils New Atlanta-Area Community
Mortgage Rates Are Up Again
“Higher interest rates continue to dampen activity in interest rate-sensitive sectors,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Up Again
Mortgage Delinquency Rate Crashes to All-Time Low
CoreLogic noted that 14 states posted an annual increase in overall delinquency rates in May. Continue Reading Mortgage Delinquency Rate Crashes to All-Time Low
JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
Among the major servicers, Rocket Mortgage ranked the highest with a score of 686 out of 1,000. Continue Reading JD Power: Mortgage Servicing Customer Satisfaction Down Amid Financial Stress
Pending Home Sales Inched Up Slightly in June
However, on a year-over-year measurement, pending transactions were down by 15.6%. Continue Reading Pending Home Sales Inched Up Slightly in June
Nearly Half of US Homes in Q2 Were Equity-Rich
Nationwide, the median home value spiked by 10% in the second quarter to $350,000, a new all-time high. Continue Reading Nearly Half of US Homes in Q2 Were Equity-Rich
Long Island Village Considers Buying Accused Serial Killer’s Home
The local police have begun ticketing drivers who slow down to stare at the home. Continue Reading Long Island Village Considers Buying Accused Serial Killer’s Home
Guest Opinion: The Toxic Nature of Contracts for Deed
“Nearly all of our contract for deed clients have been people of color,” said Elizabeth Goodell of Mid-Minnesota Legal Aid. Continue Reading Guest Opinion: The Toxic Nature of Contracts for Deed
Beverly Hills Realtor Pleads No Contest to Burglarizing Celebrity Homes
Police said they recovered 2,000 stolen items worth millions of dollars in Ackerman’s home and in a storage unit. Continue Reading Beverly Hills Realtor Pleads No Contest to Burglarizing Celebrity Homes
Indiana Metros Reign in the Latest Emerging Housing Markets Index
The top three metros in the latest index report were in the Hoosier State. Continue Reading Indiana Metros Reign in the Latest Emerging Housing Markets Index
Declines Reported in New Home Sales, Mortgage Application Activity
The purchase index was at “its lowest level in over a month,” said MBA’s Joel Kan. Continue Reading Declines Reported in New Home Sales, Mortgage Application Activity
