U.S. Housing Market Updates
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Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Redfin reported new listings of homes for sale fell 3.2% in June to the lowest seasonally adjusted level since October 2023. Continue Reading Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Hits and Misses for the Real Estate Week of April 14-18
Letitia James accused of mortgage fraud, the Sun Belt loses its charm, and a tribute to a lodging sector leader. Continue Reading Hits and Misses for the Real Estate Week of April 14-18
New Home Purchase Mortgage Applications Surged in March
The average loan size for new homes decreased from $397,516 in February to $381,921 in March. Continue Reading New Home Purchase Mortgage Applications Surged in March
Master-Planned Community with Surfing Lagoons Planned for Utah
The 30-acre project will feature 65 short-term rental properties built around two concrete-lined, clear lagoons designed specifically for surfing and other water recreation. Continue Reading Master-Planned Community with Surfing Lagoons Planned for Utah
Q1 Homeowners See First Annual Home Equity Losses Since 2012
This represented a collective loss of $108.4 billion and an average loss of $5,400 per borrower from one year earlier. Continue Reading Q1 Homeowners See First Annual Home Equity Losses Since 2012
Wanted: 320,000 Affordable Homes for Middle-Income Buyers
NAR defines a middle-income buyer as a household earning up to $75,000. Continue Reading Wanted: 320,000 Affordable Homes for Middle-Income Buyers
Guest Opinion: How the Fed Impacts the Housing Market
Shelter inflation is a macroeconomic drag. Money spent on housing is money that’s not being spent on education, services, and durable goods. Continue Reading Guest Opinion: How the Fed Impacts the Housing Market
Salt Lake City is the Most Popular Metro with Gen Z Homebuyers
Six of the 10 least popular metros for potential Gen Z buyers were in California. Continue Reading Salt Lake City is the Most Popular Metro with Gen Z Homebuyers
One-Third of Homebuyers Now Paying in All-Cash Deals
Only 6.1% of mortgaged home sales used a jumbo loan in April, down from 10.6% a year earlier. Continue Reading One-Third of Homebuyers Now Paying in All-Cash Deals
Mortgage Application Activity Down for Fourth Consecutive Week
The refinance share of mortgage activity increased to 27.3% of total applications from 26.7% in the previous week. Continue Reading Mortgage Application Activity Down for Fourth Consecutive Week
Lake Tahoe Vacation Property Favored by the Kardashians Listed for $19.8 Million
The property last changed hands in 2019 for $12.1 million. Continue Reading Lake Tahoe Vacation Property Favored by the Kardashians Listed for $19.8 Million
CoreLogic: Single-Family Home Price Growth Continues at Single-Digit Pace
Indiana and New Jersey recorded the highest annual home price gains at 7.3% and 7.1%, respectively. Continue Reading CoreLogic: Single-Family Home Price Growth Continues at Single-Digit Pace
Poplar Homes Acquires Venture REI’s Single-Family Property Management Business
Venture REI’s short-term rental and investment client property management portfolios were not part of the transaction. Continue Reading Poplar Homes Acquires Venture REI’s Single-Family Property Management Business
Rihanna Lists Beverly Hills Property for $10.5 Million
The half-acre property features a 5,100-square-foot mansion built in 1939 that includes four bedrooms and five bathrooms. Continue Reading Rihanna Lists Beverly Hills Property for $10.5 Million
