U.S. Housing Market
California Median Home Price Sets New Record
Overall sales remained below the 300,000 mark for the 43rd consecutive month. Continue Reading California Median Home Price Sets New Record
A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
The recent articles seek to criticize an entire industry based on isolated incidents with four companies. Continue Reading A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
Ginnie Mae’s MBS Portfolio Reached Nearly $3 Trillion in April
The agency said the pooling and securitization of loans in April benefited more than 160,000 households, including over 58,000 first-time homebuyers. Continue Reading Ginnie Mae’s MBS Portfolio Reached Nearly $3 Trillion in April
Hits and Misses for the Real Estate Week of May 11-15
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. Continue Reading Hits and Misses for the Real Estate Week of May 11-15
Florida Home Sales Activity Ratchets Up
The statewide median sales price for single-family existing homes in April was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Activity Ratchets Up
MRED Takes Private Listing Network National with Boost by Compass
“Giving homeowners choice in marketing their listings is the right thing to do,” said Compass International Holdings Chairman and CEO Robert Reffkin. Continue Reading MRED Takes Private Listing Network National with Boost by Compass
Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High
The foreclosure inventory rose to 273,000 in March, up from 213,000 a year ago, marking the largest such volume since February 2020. Continue Reading Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High
Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
The Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88 counties by July 1. Continue Reading Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
Lennar Debuts New Central Oregon Community
Pricing starts in the high $300,000s. Continue Reading Lennar Debuts New Central Oregon Community
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Mortgage Rates Down for Third Straight Week
Sam Khater, Freddie Mac’s chief economist, observed, “Rates currently stand at their lowest level in the last three spring homebuying seasons.” Continue Reading Mortgage Rates Down for Third Straight Week
Florida’s Burgess Island Listed for Sale at $89 Million
The island was acquired and developed in 1924 by inventor and electrochemist Charles Frederick Burgess. Continue Reading Florida’s Burgess Island Listed for Sale at $89 Million
Illinois Home Sales Up 3.1%
The monthly median price of $315,000 was 6.8% more than $295,000 price recorded one year earlier. Continue Reading Illinois Home Sales Up 3.1%
Home Sales Profits Down During Q1
The first quarter’s home prices held steady from the previous quarter at $360,000 but were up 3% year-over-year from $350,000 in the first quarter of 2025. Continue Reading Home Sales Profits Down During Q1
HUD and FHFA Update Credit Scoring Models
Mortgage Bankers Association President and CEO Bob Broeksmit said this was “an important next step in modernizing the credit scoring framework.” Continue Reading HUD and FHFA Update Credit Scoring Models
