U.S. Housing Market
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Median home sale prices have jumped nearly 19% since the start of the year. Continue Reading Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Mortgage Rates Rise to 9-Month High
The 30-year fixed-rate mortgage averaged 6.51% as of May 21. Continue Reading Mortgage Rates Rise to 9-Month High
Hits and Misses for the Real Estate Week of April 6-10
Home sellers aggressively cutting their listings prices, a stalemate for Kansas property tax relief, and a hurricane-damaged stadium reopens for the new baseball season. Continue Reading Hits and Misses for the Real Estate Week of April 6-10
First-Time Homebuyers Accounted for 21% of the Texas Housing Market
his is slightly above the all-time low of 20% recorded in 2024. Continue Reading First-Time Homebuyers Accounted for 21% of the Texas Housing Market
Mid-Atlantic Region Records Spike in Listings
The median sold price of $425,000 was a 3.7% uptick from the $410,000 price from 12 months before. Continue Reading Mid-Atlantic Region Records Spike in Listings
Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
19.1% of listings featured reduced prices, the highest share for any May since at least 2016. Continue Reading Housing Inventory Surpasses 1 Million Homes for the First Time Since Winter of 2019
Report: Fewer Home Purchase Loans During Q1
ATTOM found the total dollar value of loans was down by 18% to $478 billion. Continue Reading Report: Fewer Home Purchase Loans During Q1
Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Park Lamont and The Lumos were completed in 2024. Continue Reading Reynolds Asset Management Acquires 2 Cleveland Multifamily Communities for $30.6 Million
Elevate Community, a Missouri Tiny Home Development, Receives First Residences
The new development recently marked the arrival of the first six tiny homes and more than $5 million in public and private funding to start construction. Continue Reading Elevate Community, a Missouri Tiny Home Development, Receives First Residences
Beeline Launches Stablecoin-Backed Home Equity Product
Beta transactions starting this month and an official rollout is scheduled for late July. Continue Reading Beeline Launches Stablecoin-Backed Home Equity Product
New Bill Would Eliminate Property Taxes for Maine’s Seniors
Property tax rates in Maine average 1.17%, above the national average of 0.9%. Continue Reading New Bill Would Eliminate Property Taxes for Maine’s Seniors
Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Southern metro areas have seen the most significant growth in wealthy renters. Continue Reading Report: More Millionaires Are Favoring Rental Housing Over Homeownership
Mortgage Application Activity Slows for Third Straight Week
Among the federal programs, the FHA share of total applications increased to 18.7% from 17.9% the week prior. Continue Reading Mortgage Application Activity Slows for Third Straight Week
Richmond American Homes to Build New Community in Jacksonville
Laurelton will feature single- and two-story homes priced from the $400,000s. Continue Reading Richmond American Homes to Build New Community in Jacksonville
NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
“Mortgage rates are the magic bullet, and we’re waiting and waiting until those come down,” said Lawrence Yun. Continue Reading NAR’s Chief Economist: ‘Housing Market Remains Very Difficult at the Moment’
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