U.S. Housing Market
Report: 65% of Homebuyers View First Purchase as Their Forever Home
Many buyers are purchasing their first home only after starting a family. Continue Reading Report: 65% of Homebuyers View First Purchase as Their Forever Home
California Home Sales Fizzle as Median Home Price Spikes by 7.1%
The statewide Unsold Inventory Index declined 17.5% from February and was down 5.7% from March 2025. Continue Reading California Home Sales Fizzle as Median Home Price Spikes by 7.1%
Florida Home Sales Up While Prices Decline
The statewide level of single-family existing homes was at a 4.8-months’ supply while existing condo-townhouse properties were at a 9.3-months’ supply last month. Continue Reading Florida Home Sales Up While Prices Decline
Builder Confidence Inches Up Very Slightly
“Affordability for buyers and builders remains a top concern,” said NAHB Chairman Bill Owens. Continue Reading Builder Confidence Inches Up Very Slightly
Bing Crosby’s Former Northern California Estate Relisted 9 Months After Selling at a Discount
The French chateau-style residence in Silicon Valley enclave of Hillsborough was built in 1929. Continue Reading Bing Crosby’s Former Northern California Estate Relisted 9 Months After Selling at a Discount
Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Redfin attributed the drop in down payment levels to a slightly higher share of homebuyers using FHA and VA loans, which require lower down payments. Continue Reading Report: Typical Down Payment Level Down for First Time in Nearly 2 Years
Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Lizzo acquired the 0.32-acre property from singer Harry Styles in 2022 for $15 million. Continue Reading Lizzo Makes Second Price Cut to Listing on Her Beverly Hills Estate
Hits and Misses for the Real Estate Week of June 9-13
The closing of HUD’s Los Angeles field offices by the ongoing riots, Ohio lawmakers kowtowing to the Cleveland Browns, and a real estate agent who keeps selling at 100. Continue Reading Hits and Misses for the Real Estate Week of June 9-13
New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
“Clearly, our taxpayers are telling us across Ohio that the current status quo is not working,” said Rep. David Thomas. Continue Reading New Bill Seeks to Give Ohio Counties the Ability to Cut Property Taxes
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million
Housing Report Finds Most At-Risk Counties in California and New Jersey
More than half (27) of the 50 least at-risk counties in the analysis were in Southern states. Continue Reading Housing Report Finds Most At-Risk Counties in California and New Jersey
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Belwood Investments said it was raising $250,000 from investors to complete the renovations, with an estimated ROI of 45%. Continue Reading Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
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