U.S. Housing Market Updates
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Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
NAR Names the 10 Top Housing Hot Spots for 2025
The association also predicted that home prices will continue to increase in 2025, but at a slower pace compared to previous years. Continue Reading NAR Names the 10 Top Housing Hot Spots for 2025
Groundbreaking for New 342-Unit Multifamily Community in Las Vegas
Construction begins this month, with completion slated for the first quarter of 2027. Continue Reading Groundbreaking for New 342-Unit Multifamily Community in Las Vegas
Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Neighborhood Ventures said it raised over $1 million for the property in less than eight hours through a crowdfunding initiative. Continue Reading Crowdfunding Company Acquires Distressed Phoenix Multifamily Property
Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme
The “Aquaman” star stepped forward to state his name and image were hijacked. Continue Reading Jason Momoa Warns He is Not Involved with a Hawaiian Real Estate Investment Scheme
Mortgage Application Activity in Mild Uptick
The seasonally adjusted Purchase Index increased 2% from one week earlier, but the unadjusted index decreased 2%. Continue Reading Mortgage Application Activity in Mild Uptick
Expanded Listings Helps Fuel Indiana Home Sales
The state’s median sale price fell from $260,000 in September to $258,000 in October. Continue Reading Expanded Listings Helps Fuel Indiana Home Sales
JD Power: Customer Satisfaction with Mortgage Lenders is Down
Overall customer satisfaction with mortgage lenders was rated at a 727 level on a 1,000-point scale. Continue Reading JD Power: Customer Satisfaction with Mortgage Lenders is Down
Foreclosure Activity Up in October
Nevada led the states in foreclosures, where one in every 2,741 housing units with a filing. Continue Reading Foreclosure Activity Up in October
Alaska’s Record-Breaking $15 Million Listing Features Hangar for Five Planes
“It’s very rare to see this kind of home on the market,” said listing agent David Matthys of Re/Max Dynamic Properties. Continue Reading Alaska’s Record-Breaking $15 Million Listing Features Hangar for Five Planes
NAR Chief Economist Predicts Rising Home Sales Over Next Two Years
Yun predicted mortgage rates will be “bouncing around 5.5%-6.5%.” Continue Reading NAR Chief Economist Predicts Rising Home Sales Over Next Two Years
Home Depot Foundation Invests $10 Million into Veterans-Focused Housing Needs
The foundation also announced plans to grow its mission with an updated commitment of $750 million to veteran causes by 2030. Continue Reading Home Depot Foundation Invests $10 Million into Veterans-Focused Housing Needs
Hits and Misses for the Real Estate Week of Nov. 4-8
This week’s Hits and Misses considers the election’s aftershocks, an attempt to stop new property taxes, and the life of an innovative business leader. Continue Reading Hits and Misses for the Real Estate Week of Nov. 4-8
Mortgage Delinquency Rate Up Slightly from Last Year
The effects of Hurricanes Helene and Milton will likely impact the next quarterly report. Continue Reading Mortgage Delinquency Rate Up Slightly from Last Year
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
