U.S. Housing Market
New Home Mortgage Applications Up 2.4% From One Year Ago
The average loan size for new homes increased from $372,825 in May to $375,218 in June. Continue Reading New Home Mortgage Applications Up 2.4% From One Year Ago
A California Housing First: San Jose ADU Sold as a Condo Unit
San Jose is one of the nation’s most expensive housing markets, with median home prices exceeding $2 million. Continue Reading A California Housing First: San Jose ADU Sold as a Condo Unit
Study: America’s Best-Run City Is…
San Francisco was named the nation’s worst run city. Continue Reading Study: America’s Best-Run City Is…
Cole West Debuts New Community in Utah
theMADISON consists of 11 single-family homes and 165 apartments for rent. Continue Reading Cole West Debuts New Community in Utah
CoStar Group Adds AI Component to Apartments.com
The new offering follows CoStar Group’s recently introduced Homes Ai, an interactive conversational search experience designed for homebuyers. Continue Reading CoStar Group Adds AI Component to Apartments.com
Mortgage Credit Availability at 3-Year High
“Credit availability in October rose to its highest level since 2022 as investors broadened their loan offerings over the month,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at 3-Year High
Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors in more affordable states were focused on lower-priced and entry-level homes. Continue Reading Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
Report: Increasing Number of VA Loans Being Used in Homebuying
Nationwide, the number of VA loans rose 3% year-over-year in August, while the number of conventional loans declined 9%. Continue Reading Report: Increasing Number of VA Loans Being Used in Homebuying
