U.S. Housing Market Updates
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Report: Fewer Canadians Seeking to Buy US Homes
Historically, Canadians have made up the largest portion of international homebuyers in the US. Continue Reading Report: Fewer Canadians Seeking to Buy US Homes
New Partnership Seeks to Educate Prospective Homebuyers
The Future Homebuyer Initiative will consist of 10 events across the country. Continue Reading New Partnership Seeks to Educate Prospective Homebuyers
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Hits and Misses for the Real Estate Week of March 24-28
The CFPB’s about-face, an iconic retail chain’s downfall and the rescue of a derelict Frank Lloyd Wright home. Continue Reading Hits and Misses for the Real Estate Week of March 24-28
Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
The revised forecast was mirrored by a mild upward revision for predicted existing home sales in 2025. Continue Reading Fannie Mae Forecasts Declining Mortgage Rates for 2025 and 2026
Andy Warhol’s Former Manhattan Townhouse Listed for Nearly $7 Million
Warhol lived at the property from 1960 to 1972. Continue Reading Andy Warhol’s Former Manhattan Townhouse Listed for Nearly $7 Million
$100M Housing Options Grant Program Opens in PA
The Pennsylvania Housing Finance Agency today has opened the application process for the $100 million Housing Options Grant Program. This program provides a new affordable housing development tool by making additional money available to create or preserve more...
Homebuying Demand May Finally Be Turning a Corner
House hunters are wading into the market as mortgage rates and home prices continue to decline, according to a new report from Redfin, the technology-powered real estate brokerage. Mortgage-purchase applications increased for the fourth week in a row and...
Tax Deadline Extended For California 1031 Exchanges
California residents and real estate investors looking to begin a 1031 exchange are being encouraged to act now, according to Peak 1031 Exchange. The recent IRS extensions allow qualifying California taxpayers to extend any exchange deadline that falls after...
Mortgage Delinquencies Continue to Fall, Nearing Two Years of the Downward Trend
CoreLogic, a global property information, analytics and data-enabled solutions provider, today released its monthly Loan Performance Insights Report for January 2023. For the month of January, 2.8% of all mortgages in the U.S. were in some stage of delinquency...
First Quarter of 2023 Brings a Mixed Bag of Housing Data
ATTOM, a curator of land, property, and real estate data, released its first-quarter 2023 U.S. Home Affordability Report showing that median-priced single-family homes and condos are less affordable in the first quarter of 2023 compared to historical averages in 94...
Why Would a House Not Get Any Offers In Today’s Market
There's no doubt that today's real estate market is...difficult. Homes are spending an outstanding 75 days on the market, up from a low of 31 days set in May 2022. This is the longest time on market since February 2020. Days on market is a metric that tracks the time...
Florida Governor Signs Affordable Housing Law
Today, Governor Ron DeSantis signed Senate Bill 102, known as the "Live Local Act," a comprehensive, statewide workforce housing strategy designed to increase the availability of attainable housing options for Florida workers who seek to live in the communities they...
Gen Z is coming for the housing market
Source: Insider --- Soli Cayetano finally had some time on her hands. The soon-to-be college graduate was stuck at home in the spring of 2020 and coasting through Zoom classes. Normally her part-time job leasing out office space kept her busy, but those services...
Experts predicted a real estate slowdown in 2023. How is Tampa Bay holding up?
Source: Tampa Bay Times --- What goes up must come down. After nearly two years of explosive growth in the housing sector, economists and real estate experts said sales could take a major dip in 2023. But so far, that hasn’t happened. Kristine Smale, an executive vice...
Gen Z Homebuyers Prefer Smart Homes over Large Homes
Many U.S. homebuyers and sellers are rethinking their approach to achieving their real estate goals, according to a study commissioned by RE/MAX. 2022 saw a notable increase in mortgage rates compared to historic lows in 2020-21 and with many economic factors to watch...
