U.S. Housing Market
Sales of New Single-Family Homes Declined While the Median Sale Price Increased
The median sales price of new houses sold in April was $422,500, up 8.0% from the March price of $391,100. Continue Reading Sales of New Single-Family Homes Declined While the Median Sale Price Increased
Q1 Purchase Loan Origination at 12-Year Low
Refinancing activity fell 7% quarter-over-quarter to 715,818 loans, although volumes were also 24% above the first quarter of 2025. Continue Reading Q1 Purchase Loan Origination at 12-Year Low
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%
Toll Brothers Acquires Buffington Homes of Arkansas
Founded in 2010, Buffington Homes is the largest luxury homebuilder in northwest Arkansas. Continue Reading Toll Brothers Acquires Buffington Homes of Arkansas
Mortgage Application Activity Up 8%
The FHA share of total applications remained unchanged at 18.2% from the week prior. Continue Reading Mortgage Application Activity Up 8%
HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
HUD said this endeavor “exemplified government overreach.” Continue Reading HUD Terminates Biden-Era Task Force Addressing Bias in Home Appraisals
Del Webb Breaks Ground on 55+ Community in Austin Suburb
The completed project will encompass over 500 residences to be built across 323 acres. Continue Reading Del Webb Breaks Ground on 55+ Community in Austin Suburb
Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
“We have mandated expenses to fix the inhumane conditions there,” said Commissioner Dana Barrett. Continue Reading Georgia’s Fulton County Proposes 12.5% Property Tax Hike to Finance Jail Upgrades
Tech Trends: In Pursuit of User-Friendly Solutions
This week’s edition of Tech Trends offers four new solutions designed to make life easier for home sellers, property managers, and real estate investors. Continue Reading Tech Trends: In Pursuit of User-Friendly Solutions
Report: Large Banks Originating More ARMs
“Future reset risk is mitigated by large banks’ continued focus on lending to borrowers with high credit scores and low leverage,” the report said. Continue Reading Report: Large Banks Originating More ARMs
Mortgage Rates Record New Uptick
The 30-year fixed-rate mortgage averaged 6.72% as of July 10. Continue Reading Mortgage Rates Record New Uptick
Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas
About one in six (16%) respondents said Airbnb hosts deserve to have their property damaged. Continue Reading Survey: Nearly Half of Americans Want to Ban Short-Term Rentals from Residential Areas
Survey: 1 in 5 Americans Have Lived in a Storage Unit
The survey also found that 84% of Americans would consider sleeping in a storage unit if they became homeless. Continue Reading Survey: 1 in 5 Americans Have Lived in a Storage Unit
FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
“We continue to make meaningful investments to address the affordable housing crisis across Arizona, California, and Nevada,” said Joseph E. Amato, interim president and CEO of FHLBank San Francisco. Continue Reading FHLBank San Francisco Awards Nearly $50 Million in Affordable Housing Program Grants
BMO Unveils Spanish-Language Mortgage Application
The application is available both digitally and in a paper format available at branches. Continue Reading BMO Unveils Spanish-Language Mortgage Application
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