U.S. Housing Market Updates
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Single-Family Housing Starts and Permits Down in June
Privately-owned housing were at a seasonally adjusted annual rate of 1.321 million, which is 4.6% above the revised May estimate of 1.26 million. Continue Reading Single-Family Housing Starts and Permits Down in June
California Home Sales Up, Reversing 3-Month Slump
California’s median home price fell for the second straight month in June to $899,560. Continue Reading California Home Sales Up, Reversing 3-Month Slump
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
RE/MAX: Home Sales Up 23% in March
The median sales price last month was $435,000, which was nearly $8,000 (1.8%) higher than in February. Continue Reading RE/MAX: Home Sales Up 23% in March
eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
The form is open-sourced and available now for agents, brokers, and consumers. Continue Reading eXp Realty Releases Advisory Form for Sellers Planning a Private Listing
Inbound Migration to Sun Belt States Waned in 2024
Tampa recorded a net inflow of just over 10,000 residents last year, less than one-third the 35,000-person net inflow in 2023. Continue Reading Inbound Migration to Sun Belt States Waned in 2024
Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’
Musk began to jettison his residential real estate holdings in May 2020. Continue Reading Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’
S&P Case-Shiller: Home Prices Are Rising Again
“The modest increases in home prices we saw a month ago accelerated in March 2023,” said Craig J. Lazzara, managing director at S&P Dow Jones Indices. Continue Reading S&P Case-Shiller: Home Prices Are Rising Again
State Farm Ends Home Insurance Sales in California
The company is the leading home insurance firm in California. Continue Reading State Farm Ends Home Insurance Sales in California
New Investment Platform Focuses on Manufactured Housing Communities
Bryan Gordon, chairman and CEO of MV+ and M2C, noted, “Manufactured housing has been somewhat ignored by many sophisticated real estate investors.” Continue Reading New Investment Platform Focuses on Manufactured Housing Communities
Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies
Closinglock CEO and Co-founder Andy White called the offering “a game-changer for the real estate industry.” Continue Reading Closinglock Debuts ID Verification Solution for Real Estate and Title Agencies
Study: Increased Home Construction Will Fuel Furniture Sales
The report cited an “increasing immigrant population” as helping to speed the furniture sector’s growth. Continue Reading Study: Increased Home Construction Will Fuel Furniture Sales
Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million
The 28-acre property includes five buildings encompassing a total of 7,280 square feet. Continue Reading Suzanne Somers’ Former Palm Springs Estate Listed for $12.9 Million
OUCH! US Homeownership Rate at Lowest Level Since 1970
As homeownership levels sank, rental housing levels increased. Continue Reading OUCH! US Homeownership Rate at Lowest Level Since 1970
Colonial Savings Exits the Origination Space, Focusing on Mortgage Servicing
The company’s origination business has its roots in Fort Worth Mortgage, which was founded in 1952. Continue Reading Colonial Savings Exits the Origination Space, Focusing on Mortgage Servicing
Ryan Serhant Begins Shooting New Real Estate-Focused TV Show
Serhant’s new show is on location at a triplex penthouse in the world’s tallest condominium tower. Continue Reading Ryan Serhant Begins Shooting New Real Estate-Focused TV Show
