U.S. Housing Market

Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices

by Phil Hall | Jun 30, 2026

Pending sales of luxury homes rose 5.2% year-over-year during the same period, which marked the largest gain since December 2024. Continue Reading Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices

NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax

by Phil Hall | Jun 30, 2026

One- to three-family homes worth at least $5 million and co-ops and condominiums valued at $1 million or more are subject to the tax. Continue Reading NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied-à-Terre Tax

Zombie Foreclosure Rate Increased During Q2

by Phil Hall | May 21, 2026

Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...

New Report Tracks Slowing in Home Sale Agreement Cancelations

by Phil Hall | May 21, 2026

April’s cancelation rate tied with January for the lowest level of contract cancellations since September 2024. Continue Reading New Report Tracks Slowing in Home Sale Agreement Cancelations

Housing Starts Dropped During April

by Phil Hall | May 21, 2026

The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April

Multifamily Developer Confidence Up Slightly During Q2

by Phil Hall | Aug 7, 2025

“Multifamily developer confidence and sentiment are showing slight signs of improvement when compared to this time last year,” said Debra Guerrero, chairman of NAHB’s Multifamily Council. Continue Reading Multifamily Developer Confidence Up Slightly During Q2

Mortgage Rates Decline to Lowest Level Since April

by Phil Hall | Aug 7, 2025

The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...

Kolter Homes Unveils New Gated Community in Florida

by Phil Hall | Aug 7, 2025

Scheduled to open in the summer, the homes at The Cove at Park Trace will feature single-story floor plans with two to five bedrooms. Continue Reading Kolter Homes Unveils New Gated Community in Florida

Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren

by Phil Hall | Aug 7, 2025

“I now live in Florida because of Elizabeth Warren,” said the “Shark Tank” star. Continue Reading Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren

Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?

by Phil Hall | Aug 7, 2025

The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?

Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes

by Phil Hall | Aug 7, 2025

“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes

New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

by Phil Hall | Aug 7, 2025

Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan

Freddie Mac Expands CHOICEHome Mortgage Program to Single-Section Manufactured Homes

by Phil Hall | Aug 6, 2025

Freddie Mac (OTCQB: FMCC) announced the expansion of its CHOICEHome conventional financing options to include modern single-section manufactured homes. Previously, Freddie Mac provided multi-section factory-built homes with a 3% down payment option. As of today,...