U.S. Housing Market Updates
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Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
More Down Payment Assistance Programs Introduced During Q1
A total of 990 programs (39%) were offered through local housing finance agencies. Continue Reading More Down Payment Assistance Programs Introduced During Q1
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Buyer’s agent commissions for homes listed under $500,000 inched up from an average of 2.41% in August to 2.43% in October. Continue Reading Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Mortgage rates were at a historic low of 2.65% in 2021 before soaring to decade-long highs of 7.79% in the fall of 2023. Continue Reading Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Zombie Foreclosures Down 20% from Last Year
The number of zombie properties has gone up quarterly in 30 states. Continue Reading Zombie Foreclosures Down 20% from Last Year
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