U.S. Housing Market
Homeowner Affordability Improves Slightly in California
More California households (28%) could afford a typical condo/townhome in the fourth quarter, rising from 27% in the prior quarter and from 25% one year before. Continue Reading Homeowner Affordability Improves Slightly in California
Mortgage Application Activity Remains Flat as Credit Availability Increases
The FHA share of total applications increased to 18.4% from 17.8% the week prior. Continue Reading Mortgage Application Activity Remains Flat as Credit Availability Increases
Mamdani Focuses on Housing During First Day as NYC Mayor
Mamdani also signed an executive order revoking all orders issued by former Mayor Eric Adams following his indictment in September 2024 on federal corruption charges. Continue Reading Mamdani Focuses on Housing During First Day as NYC Mayor
A Phil Hall Op-Ed: Predictions for the Real Estate World in 2026
The coming year will see major changes in Congress, the Federal Reserve, and the housing market. Continue Reading A Phil Hall Op-Ed: Predictions for the Real Estate World in 2026
Mortgage Rates Drop to Lowest Level of 2025
The 30-year fixed-rate mortgage averaged 6.15% as of Dec. 31. Continue Reading Mortgage Rates Drop to Lowest Level of 2025
New Alabama Law Changes Timing of Buyer Agreements
“Great news! Governor Kay Ivey has officially signed HB 230 into law!” announced the Alabama Association of Realtors. Continue Reading New Alabama Law Changes Timing of Buyer Agreements
Hits and Misses for the Real Estate Week of March 17-21
A new focus on affordable housing development, a delay in a key confirmation, and an unhappy Chinese leader. Continue Reading Hits and Misses for the Real Estate Week of March 17-21
Rhode Island Home Sales Down 8.8%
The median price of single-family homes of $455,500 marked a 3.5% year-over-year increase. Continue Reading Rhode Island Home Sales Down 8.8%
New York State’s Housing Inventory at Record-Setting Low
Home prices soared by 15.4% year-over-year, from a median of $378,000 in February 2024 to $436,125 last month. Continue Reading New York State’s Housing Inventory at Record-Setting Low
Florida Home Sales Down Despite Rising Inventory Levels
The statewide median sales price for single-family existing homes last month was $415,000. Continue Reading Florida Home Sales Down Despite Rising Inventory Levels
Wisconsin Home Sales Up 7%, Median Home Price Up 11%
During February, Wisconsin’s housing market had 16,037 listings, a 0.4% uptick from the 15,972 one year before. Continue Reading Wisconsin Home Sales Up 7%, Median Home Price Up 11%
Four Seasons in Partnership on New Luxury Complex in Washington, DC
The new development will be built on the site of a former heating plant. Continue Reading Four Seasons in Partnership on New Luxury Complex in Washington, DC
Champion Homes Debuts Manufactured Duplex Series
The Concord Duplex series is available now across the 48 contiguous states. Continue Reading Champion Homes Debuts Manufactured Duplex Series
Existing Home Sales Up 4.2% in February
First-time buyers were responsible for 31% of sales in February. Continue Reading Existing Home Sales Up 4.2% in February
Home Flipping Activity Declines, Gross Profits Rise
Only 7.6% of home sales in 2024 were flips, down from 8.1% in 2023. Continue Reading Home Flipping Activity Declines, Gross Profits Rise
