U.S. Housing Market Updates
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Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
Case-Shiller: Home Prices Up 3.9% in September
New York City again reported the highest annual gain among the 20 cities with a 7.5% increase in September. Continue Reading Case-Shiller: Home Prices Up 3.9% in September
GSEs Publish Underserved Markets Plans for Next 4 Years
The Federal Housing Finance Agency (FHFA) announced that the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) has published plans to extend housing access in rural underserved markets, enhance their support for...
A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
Editor Phil Hall questions the rewriting of recent history by the US president and Canadian prime minister. Continue Reading A Phil Hall Op-Ed: Biden and Trudeau Rewrite Their Housing Policy Histories
DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
To date, only four people have signed up to participate in the boycott. Continue Reading DC-Based Airbnb Host Tries to Start Boycott of Trump Supporters Ahead of Inauguration
Zillow Forecasts Homebuying Upswing for 2025
Zillow is predicting 4.3 million in existing home sales during the coming year. Continue Reading Zillow Forecasts Homebuying Upswing for 2025
$15.85 Million Home Sale Breaks Record for North Carolina
The transaction supersedes North Carolina’s previous record-breaking sale price for a $14 million transaction that closed in October. Continue Reading $15.85 Million Home Sale Breaks Record for North Carolina
Hits and Misses for the Real Estate Week of Nov. 18-22
This week’s Hits and Misses covers the intersection of real estate and politics in Washington, Ottawa, Sacramento and Animal Crossing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 18-22
Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
20% of renters are working a second job to cover their housing costs. Continue Reading Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
The initiative includes $340 million in loans for qualified small businesses, residential mortgages, and commercial real estate. Continue Reading Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
Tri Pointe Homes Closes First Land Acquisition in the Orlando Market
Tri Pointe purchased the sites from Richland Communities, the developer of Sugarloaf Mountain. Continue Reading Tri Pointe Homes Closes First Land Acquisition in the Orlando Market