U.S. Housing Market
Virginia Home Sales Up as Prices Remain Flat
The statewide median sales price $397,790 dipped by a scant 0.3% from the $399,000 price in January 2025. Continue Reading Virginia Home Sales Up as Prices Remain Flat
Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb
Construction is scheduled for completion in May 2027. Continue Reading Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb
Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
Construction will begin immediately, with substantial completion anticipated in September 2027. Continue Reading Ground Broken on New Orleans Development Featuring 294 Affordable Housing Units
New Data Reports Find Continuation of Mild Home Price Acceleration
Once again, FHFA Director Bill Pulte did not comment on the continued home price acceleration. Continue Reading New Data Reports Find Continuation of Mild Home Price Acceleration
Report: Nearly 44% of Homes Carry HOA Fees
Roughly one-third (33.4%) of single-family homes now carry HOA fees. Continue Reading Report: Nearly 44% of Homes Carry HOA Fees
Tech Trends: Efficiency Improving Platforms
This week, Tech Trends highlights four platforms designed to improve the lives of homebuyers, real estate agents and roofing professionals. Continue Reading Tech Trends: Efficiency Improving Platforms
Foreclosure Activity Down Slightly in May
Nationwide, one in every 4,009 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Down Slightly in May
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Simmons acquired the property for $670,000 in the early 1980s when his celebrity status began to rise. Continue Reading Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Hits and Misses for the Real Estate Week of June 2-6
Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. Continue Reading Hits and Misses for the Real Estate Week of June 2-6
Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Office space will be preserved on the fourth and fifth floors. Continue Reading Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Las Vegas Home Sales Decline Amid Wider Listings
The median price for existing single-family homes in this market was $480,000, unchanged from one year earlier. Continue Reading Las Vegas Home Sales Decline Amid Wider Listings
Mortgage Rates in Mild Decline
The 30-year fixed-rate mortgage averaged 6.85% as of June 5, down from last week when it averaged 6.89%. Continue Reading Mortgage Rates in Mild Decline
Wyoming Lawmakers Consider Abolishing Property Taxes
Sen. Bob Ide, a Republican, advocated for the ending of all property taxes – residential, commercial, industrial and personal. Continue Reading Wyoming Lawmakers Consider Abolishing Property Taxes
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
