U.S. Housing Market
Iowa Home Sales and Inventory Gained Strength in May
Iowa’s median sales price of $260,000 last month marked a 5.1% jump from the $247,500 median sales price of April. Continue Reading Iowa Home Sales and Inventory Gained Strength in May
MBK Rental Living Opens New 330-Unit California Apartment Community
Amenities include a resort-style pool, wading pool, game room, coworking pods, 24-hour fitness center, dog spa and park, and outdoor gathering areas. Continue Reading MBK Rental Living Opens New 330-Unit California Apartment Community
Home Sale Cancellation Rate Holds Steady at 13.6%
In Atlanta, 18.8% of home-purchase agreements were canceled in May, the highest share among the 50 most populous metros with sufficient data. Continue Reading Home Sale Cancellation Rate Holds Steady at 13.6%
Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications
TransUnion analyzed more than 1.1 million renters who moved during 2024 and tracked charge-offs within one year after moving as a proxy for fraud-related risk. Continue Reading Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications
Pending Home Sales Record Vibrant Upswing in May
Month-over-month and year-over-year pending home sales were up in all four regions (Northeast, Midwest, South and West). Continue Reading Pending Home Sales Record Vibrant Upswing in May
Wells Fargo to Provide Financing for Icon’s 3D Printed Homes
Wells Fargo’s support could provide a boost for the 3D printed home market, which has traditionally struggled to obtain mortgage financing. Continue Reading Wells Fargo to Provide Financing for Icon’s 3D Printed Homes
Hits and Misses for the Real Estate Week of May 18-22
Mortgage rates on the rise, predicting home sales in San Francisco, and the other Barbara Corcoran in the spotlight. Continue Reading Hits and Misses for the Real Estate Week of May 18-22
Virginia Home Sales Surged in April
The statewide median sales price in April was $439,945, up 3.5% from a year ago. Continue Reading Virginia Home Sales Surged in April
Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold
The housing bill is one of several contentious pieces of legislation being left unresolved by the Senate. Continue Reading Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold
Property Tax Measure Added to North Carolina’s November Ballot
All 30 Republicans in the Senate plus a single Democrat voted in favor of the resolution. Continue Reading Property Tax Measure Added to North Carolina’s November Ballot
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Median home sale prices have jumped nearly 19% since the start of the year. Continue Reading Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Mortgage Rates Rise to 9-Month High
The 30-year fixed-rate mortgage averaged 6.51% as of May 21. Continue Reading Mortgage Rates Rise to 9-Month High
Zombie Foreclosure Rate Increased During Q2
Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
New Report Tracks Slowing in Home Sale Agreement Cancelations
April’s cancelation rate tied with January for the lowest level of contract cancellations since September 2024. Continue Reading New Report Tracks Slowing in Home Sale Agreement Cancelations
Housing Starts Dropped During April
The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April
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