U.S. Housing Market
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
“Million-dollar starter homes are popping up in more Northeast cities because the housing shortage there hasn’t been solved,” said Kara Ng, senior economist at Zillow. Continue Reading Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
Builder Confidence Remains Weak Amid Affordability Concerns
The latest HMI survey also revealed that 35% of builders cut prices in June, up from 32% in May. Continue Reading Builder Confidence Remains Weak Amid Affordability Concerns
Mid-Atlantic Home Sales Activity Rises in April
“While the spring housing market got off to a slow start, both buyers and sellers were much more eager in April,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Activity Rises in April
eXp Expands Brokerage Presence in California and Canada
The company debuted two new NextHome franchises in California and welcomed Edmonton-based Initia Real Estate into its network. Continue Reading eXp Expands Brokerage Presence in California and Canada
Report: NYC Mayor Mamdani Drops Plan for 9.5% Property Tax Hike
The property tax hike would require approval from the state government. Continue Reading Report: NYC Mayor Mamdani Drops Plan for 9.5% Property Tax Hike
New Data Reports Point to Further Slowing in Home Price Acceleration
FHFA Director Bill Pulte offered no remarks on his agency’s latest data report. Continue Reading New Data Reports Point to Further Slowing in Home Price Acceleration
Pending Home Sales on the Rise During August
Regionally, pending sales rose month-over-month in the Midwest, South, and West but declined in the Northeast. Continue Reading Pending Home Sales on the Rise During August
Century Communities Unveils New Florida Community
Pricing starts from the $300,000s. Continue Reading Century Communities Unveils New Florida Community
Thompson Thrift to Develop 300-Unit Community in Suburban Atlanta
Thompson Thrift expects to welcome the first residents in January 2027. Continue Reading Thompson Thrift to Develop 300-Unit Community in Suburban Atlanta
Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
This is the second Trump-branded development in Saudi Arabia. Continue Reading Dar Global to Launch $1 Billion Development in Saudi Arabia with The Trump Organization
An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
Weekly Real Estate News’ publisher calls for a new emphasis on leadership in the real estate profession. Continue Reading An Open Letter to America’s Real Estate Professionals: The Future of Homeownership Demands Our Leadership
Hits and Misses for the Real Estate Week of Sept. 22-26
Fewer homes on the market, a stalled wind energy project gets reanimated, and an ancient Roman stadium is unearthed. Continue Reading Hits and Misses for the Real Estate Week of Sept. 22-26
Toll Brothers Opens Model Home for New Luxury Community in Arizona
Homes are priced from $2.5 million. Continue Reading Toll Brothers Opens Model Home for New Luxury Community in Arizona
New York State Inventory Rises, But Home Sales Continue to Decline
Median prices across New York State reached $460,000 last month. Continue Reading New York State Inventory Rises, But Home Sales Continue to Decline
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. Continue Reading Mortgage Rates Inch Up Slightly
