U.S. Housing Market
Mortgage Application Activity Up by Nearly 3%
The VA share of total applications increased to 16.5% from 16.0% percent the week prior. Continue Reading Mortgage Application Activity Up by Nearly 3%
Historic Michigan Cinema to Become Mixed-Use Development
The venue opened in November 1921 as the Rivoli Theatre. Continue Reading Historic Michigan Cinema to Become Mixed-Use Development
Builders Begin 2026 with Declining Confidence
“Builders continue to face several issues that include labor and lot shortages as well as elevated regulatory and material costs,” said NAHB’s Robert Dietz. Continue Reading Builders Begin 2026 with Declining Confidence
California Home Sales Ended 2025 on the Rise
For 2025 as a whole, the state recorded an annual sales level of 271,590, an increase of 0.9% from the revised sales level of 269,170 reported in 2024. Continue Reading California Home Sales Ended 2025 on the Rise
30-Year Fixed Rate Mortgage Drops to 3-Year Low
The 30-year fixed-rate mortgage averaged 6.06% as of Jan. 15. Continue Reading 30-Year Fixed Rate Mortgage Drops to 3-Year Low
NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage
Jumaane Williams owed nearly $1 million in mortgage debt. Continue Reading NYC Public Advocate Loses Brooklyn Home After 15 Years of Refusing to Pay His Mortgage
Hits and Misses for the Real Estate Week of April 28-May 2
The too-high cost for homebuying, the effects of plumbing mishaps on household budgets, and an XL-sized lease in New York City’s office market top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of April 28-May 2
Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Redfin blamed the slowing of multifamily construction on a combination of flattening rents and higher borrowing costs. Continue Reading Permits to Build Multifamily Housing Fall Below Pre-Pandemic Levels
Century Communities Unveils New Atlanta-Area Community
The new community will feature nearly 100 single-family homes priced from the low $300,000s. Continue Reading Century Communities Unveils New Atlanta-Area Community
Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
The auction will take place on-site at San Juliette on May 17 at 11:00 a.m. PDT. Continue Reading Luxury Estate and Winery Owned by ‘American Idol’ Producers Listed at $14.75 Million
Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The company said its policy shift was designed to provide fair access to inventory. Continue Reading Zillow’s StreetEasy Platform to Enact New Listing Standards for NYC Agents
The State with the Greatest Increase in Mortgage Debt Is…
Vermont was the only state with an increase above 2%. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
Mortgage Rates Continue Their Decline
The 30-year fixed-rate mortgage averaged 6.76% as of May 1, down from last week when it averaged 6.81%. Continue Reading Mortgage Rates Continue Their Decline
Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
Five of the 10 markets with the highest required incomes to afford a home are in California. Continue Reading Report: Households Need to Earn $114,000 to Afford a Median-Priced Home
New Rent Hikes Coming to NYC’s Stabilized Apartments
The rent hikes will take effect on or after Oct. 1. Continue Reading New Rent Hikes Coming to NYC’s Stabilized Apartments
