U.S. Housing Market
REMAX: New Listings Volume Outpaced Home Sales in April
The median sales price increased 1.5% year-over-year to $445,000, marking the 34th consecutive month of year-over-year price appreciation. Continue Reading REMAX: New Listings Volume Outpaced Home Sales in April
Mortgage Application Activity Dips by 2.3%
“Almost 10% of applications were for ARM loans, the highest share since October 2025, as borrowers sought loan types with lower rates,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Dips by 2.3%
Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
cMurray listed his property last August for $12 million. Continue Reading Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
Mill Creek Residential Breaks Ground on Seattle-Area Mixed-Use Development
Modera Woodmont Beach will feature 290 homes and 7,500 square feet of retail space. Continue Reading Mill Creek Residential Breaks Ground on Seattle-Area Mixed-Use Development
Hits and Misses for the Real Estate Week of March 30-April 3
Trump takes aim at State Farm, the Justice Department fights for natural gas appliances, and a mural that memorializes a crime victim is denounced as “divisive.” Continue Reading Hits and Misses for the Real Estate Week of March 30-April 3
Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Construction is expected to start in the third quarter of this year, with the first phase anticipated to be completed in 2027. Continue Reading Office-to-Residential Conversion Approved on 5 Times Square, Former NYC HQ of Ernst & Young
Hits and Misses for the Real Estate Week of May 19-23
An unholy misuse of eminent domain, a ritzy Los Angeles mansion with a significant stigma, and a Maine broker running for governor. Continue Reading Hits and Misses for the Real Estate Week of May 19-23
New Home Sales Surged in April
The median sales price of new houses sold in April was $407,200. Continue Reading New Home Sales Surged in April
Housing Inventory Up 30.6%, a New Post-Pandemic High
A greater choice of homes for sale did not translate into a surge in homebuying. Continue Reading Housing Inventory Up 30.6%, a New Post-Pandemic High
Illinois Home Sales Decline While Housing Inventory Grows
For the nine-county Chicago metro area, a total of 7,857 homes were sold last month, down 4.2% from April 2024. Continue Reading Illinois Home Sales Decline While Housing Inventory Grows
Alabama Home Sales Dropped in April
The median sales price of $224,967 marked a 2.2% monthly decrease ($5,033) and an annual increase of 13.3% from the $198,486 price recorded one year earlier. Continue Reading Alabama Home Sales Dropped in April
Home Sales and Prices Down in Florida
The statewide median sales price for single-family existing homes last month was $412,734, down 4% from the previous year. Continue Reading Home Sales and Prices Down in Florida
Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
The state’s price increases of 63.7% over the past five years outpaced the national average of 55.5%. Continue Reading Report: Connecticut’s Severe Housing Shortage Was a Long Time in the Making
New York State Records 6.2% Drop in Home Sales
The state’s median price of homes increased for the 21st straight month. Continue Reading New York State Records 6.2% Drop in Home Sales
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. Continue Reading Mortgage Rates Inch Up
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