U.S. Housing Market Updates
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California Home Sales, Median Price Down in May
Total active listings in May rose on a year-over-year basis by nearly 50%. Continue Reading California Home Sales, Median Price Down in May
Mortgage Rates Trickle Lower
The 30-year fixed-rate mortgage averaged 6.81% as of June 18. Continue Reading Mortgage Rates Trickle Lower
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
The Whitford of Dublin will host a groundbreaking ceremony on April 8. Continue Reading Harbert South Bay Partners to Construct San Francisco Area Luxury Senior Living Community
Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
The new initiative is a projected 5% increase over Habitat’s most recent baseline production of 3,482 housing units. Continue Reading Habitat for Humanity to Create $82.5 Million Property Acquisition Fund
Mortgage Rates Continue to Drop
The 30-year fixed-rate mortgage averaged 6.63% as of March 6. Continue Reading Mortgage Rates Continue to Drop
The Most Undervalued Housing Markets in the U.S.
Source: US News --- During the earliest months of 2020, prior to pandemic-related lockdowns in the U.S., the housing market was continuing to gain strength on the back of a solid but slow-growing economy with low unemployment. In January of that year, thanks to a...
6 leading real estate economists and pros on what to expect from the housing market this winter
Source: Market Watch --- Some aspiring homebuyers are in for some much-needed relief. “Right now might appear more appealing to some buyers because, recently, the housing market has been cooling. Prices are dropping in many areas, housing supply is rising, sellers are...
Economist who called 2008 housing crash predicts another 15% drop in home prices
Source: Fox Business --- A U.S. economist famous for predicting the 2008 housing crash believes that home prices could plunge another 15% this year. In a recent analyst note, Ian Shepherdson – the founder and chief economist of Pantheon Macroeconomics – suggested that...
ATTOM INTEGRATES PROBABILITY FOR DEFAULT ANALYTICS INTO ITS VAST PROPERTY DATA WAREHOUSE
Feb. 7, 2023 (Staff Writer)- ATTOM, a leading curator of real estate data nationwide for land and property data, today announced it has integrated propensity to default analytics into its U.S. property data warehouse. With this news, the ATTOM Table of Data Elements...
Leora Ruzin Tapped as Editor of Weekly RE News
SALT LAKE CITY -- February 6, 2023 -- Weekly Real Estate News, a publication dedicated to providing the best real estate and mortgage industry news and information available anywhere to the more than 1.25 million industry professionals who rely on it, has announced...
Dallas-Fort Worth will be the nation’s top buyer’s market for homes this year, forecast says
Source: WFAA --- DALLAS — Read this story and more North Texas business news from our content partners at the Dallas Business Journal. Dallas-Fort Worth will be the top buyer’s market in the nation by year-end 2023 due primarily to a surge of homes for sale,...
Roofstock onChain Sells home in Alabama as an NFT, Purchased on Ethereum platform using StableCoins
Feb. 06, 2023 (Staff Writer)- Roofstock, the leading digital real estate platform specializing in single-family rental (SFR) properties, today announced the sale of an Alabama rental property via a non-fungible token (NFT) enabled by Roofstock onChain (ROC), its web3...
Tech, housing, and manufacturing might already be in a recession. They could bring the US economy down with it.
Source: Business Insider --- No, the US economy isn't in a recession yet. But some of its key industries might be, suggesting the desired "soft landing" is far from a sure thing. Bloomberg economist Anna Wong, for instance, recently put the chances of a US recession...
Seattle Housing Market Forecast
Source: US News --- For decades, Seattle has been synonymous with some of the brands that call it home – Starbucks, Amazon, Microsoft (headquartered in nearby Redmond, Washington) are just a few. Seattle is even home to national real estate brokerage Redfin and real...
Las Vegas housing market: Everything you need to know
Source: Bankrate --- Despite a recent cooldown, the Las Vegas housing market remains fairly competitive as out-of-towners continue to relocate to this famous desert city. Whether you’re a current resident or hope to be one soon, it’s helpful to understand the local...
