U.S. Housing Market Updates
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Lennar Unveils Luxury Townhome Community in South Tampa
Pricing begins in the high $500,000s. Continue Reading Lennar Unveils Luxury Townhome Community in South Tampa
Hits and Misses for the Real Estate Week of May 12-16
Canada’s unlikely new housing minister, two high profile property sales where the sellers took a big loss, and HUD’s commitment to Indian Country housing. Continue Reading Hits and Misses for the Real Estate Week of May 12-16
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Redfin: Housing Affordability Improved Slightly in 2024
The median monthly housing payment for homebuyers hit a record of $2,920 in 2024, rising 4.3% from 2023 and 86% from 2019. Continue Reading Redfin: Housing Affordability Improved Slightly in 2024
A Phil Hall Op-Ed: Five Questions for the Trump Team
Editor Phil Hall asks the upcoming 47th president some questions regarding housing-related matters. Continue Reading A Phil Hall Op-Ed: Five Questions for the Trump Team
Texas Ranch Owned by Same Family for 145 Years Listed for $21 Million
The Padgitt Ranch in Coleman County was once the largest fenced ranch in Texas. Continue Reading Texas Ranch Owned by Same Family for 145 Years Listed for $21 Million
Home price growth slowed for the second straight month in May, S&P Case-Shiller says
Source: CNBC --- Home prices in May were 19.7% higher compared with the same month last year, according to the S&P CoreLogic Case-Shiller National Home Price Index. This marks the second month of slower increases, as the housing market cools due to higher mortgage...
The No. 1 emerging real-estate market in America is also the RV capital of the world
Source: Marketwatch --- The pandemic spurred millions of Americans to abandon city life, fleeing to the ‘burbs. A new report highlights a novel destination for would-be homeowners to consider: The R.V. capital of the world. The Wall Street Journal/Realtor.com Emerging...
Housing Market Update: Homes Are Taking Longer to Sell
Source: Redfin --- Buyers can now take their time touring and considering homes before making an offer. Still, selection remains very limited despite supply being up, as few homes are being listed and even fewer are selling. The typical home sold during the four weeks...
Falling home prices? This interactive map shows the statistical odds of it occurring in your local housing market
Source: Fortune --- Talk about a 180. Not only has the Pandemic Housing Boom—which pushed U.S. home prices up 42% over the past two years—fizzled out, but we've seen it replaced by a "housing recession." Across the nation, home sales are plummeting and inventory...
Economic calendar: What’s driving mortgage rates the week of July 25-29
Source: Bankrate --- Mortgage rates are notoriously unpredictable. True to form, no one is quite sure how rates will respond to this week’s looming rate hike by the Federal Reserve. On Wednesday, the central bank’s Federal Open Market Committee wraps up a July meeting...
What’s Causing Ongoing Home Price Appreciation?
Source: Keeping Current Matters --- If you’re thinking about making a move, you probably want to know what’s going to happen to home prices for the rest of the year. While experts say price growth will moderate due to the shifting market, ongoing appreciation is...
Housing Demand Flattens as 1st-Time Buyers Retreat
Source: Eye on Housing --- The share of adults planning a home purchase within a year stood at 13% in the second quarter of 2022, unchanged from the previous quarter, but lower than a year earlier (17%). The leveled reading suggests that, after shrinking for the past...
Mortgage and real estate news this week: A home as an inflation hedge, and how to get the best rate
Source: Bankrate --- Now is a challenging time to buy a home due to rampant inflation, but you may still consider making a home purchase, which could help soften the toll of inflation on your financial life in the years ahead. Meanwhile, learn more about the pros and...
Falling home prices? This interactive map shows the statistical odds of it occurring in your local housing market
Source: Fortune --- Talk about a 180. Not only has the Pandemic Housing Boom—which pushed U.S. home prices up 42% over the past two years—fizzled out, but we've seen it replaced by a "housing recession." Across the nation, home sales are plummeting and inventory...
Don’t look now, but the housing market is slowing down. What it means for you
Source: Miami Herald --- The tea leaves are lining up in favor of homebuyers who can afford today’s higher mortgage rates. Multiple sources indicate that more and more people are canceling their home purchases because rates have moved beyond their reach — a situation...
