U.S. Housing Market
Mortgage Application Activity Declines by 2.5%
The FHA share of total applications dipped to 17.0% from 17.2% the week prior. Continue Reading Mortgage Application Activity Declines by 2.5%
Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High
The national median list price was $429,500 in May. Continue Reading Report: List Prices Posted Steep Drop in May as New Listings Hit 4-Year High
76 Representatives Call on House Leadership to Drop Build-to-Rent Provision from Senate Housing Bill
The representatives cited a forecast from the Urban Institute warning the provision could “decrease the number of rental units built each year by at least 72,000.” Continue Reading 76 Representatives Call on House Leadership to Drop Build-to-Rent Provision from Senate Housing Bill
Hits and Misses for the Real Estate Week of April 20-24
The Tampa Bay Rays demand $1 billion for their new stadium, two pairs of regional realtors’ groups merge, and starter homes lose their appeal. Continue Reading Hits and Misses for the Real Estate Week of April 20-24
Virginia Home Sales Up Nearly 9%
There were 14,846 new listings in March, up 6.7% from last year. Continue Reading Virginia Home Sales Up Nearly 9%
Number of DC-Area Homes for Sale Up 22.7% from Last Year
Only about one-third (35.7%) of homes sold over asking price, down from nearly half (47.8%) a year earlier. Continue Reading Number of DC-Area Homes for Sale Up 22.7% from Last Year
Finally—A Bipartisan Housing Bill That Actually Makes Sense
But let’s be clear: this isn’t about more regulation. It’s about getting government out of the way. Continue Reading Finally—A Bipartisan Housing Bill That Actually Makes Sense
Homebuyer Assistance Programs Reach New Record High During Q2
There are currently 2,554 homebuyer assistance programs operating today. Continue Reading Homebuyer Assistance Programs Reach New Record High During Q2
New Record High for Delaware’s Median Sales Price
Delaware recorded 1,300 home sales during June, a slight 0.7% uptick from the 1,291 transactions recorded in May. Continue Reading New Record High for Delaware’s Median Sales Price
Starter Homes Sales and Prices on the Rise
The typical starter home sold for a record $260,000 last month, up 3.1% from June 2024. Continue Reading Starter Homes Sales and Prices on the Rise
New Report Details Skyrocketing NYC Rental Housing Costs
Danielle Hale, chief economist at Realtor.com, question the viability of Zohran Mamdani’s rent freeze campaign pledge. Continue Reading New Report Details Skyrocketing NYC Rental Housing Costs
Case-Shiller: Home Price Momentum Continues to Slow
The FHFA reported home prices were down in May by 0.2% month-over-month, but were up 2.8% year-over-year. Continue Reading Case-Shiller: Home Price Momentum Continues to Slow
Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Last year, roughly 39% of borrowers cited debt consolidation as the reason for applying for a home equity loan, compared to 25% during 2023. Continue Reading Report: Increase in Home Equity Originations, Debt Outstanding During 2024
Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
The property will also feature approximately 7,500 square feet of retail space on the ground floor. Continue Reading Turnbridge Equities to Launch Construction on 37-Story Luxury Tower in Raleigh
Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units
Roughly 86% of the global sales of South Florida new construction properties were made by Latin Americans. Continue Reading Report: Global Buyers Acquired Nearly Half of South Florida New Construction Units
