U.S. Housing Market
The Most Affordable City for Homebuyers Is…
California had nine of the 10 least affordable cities for homebuyers. Continue Reading The Most Affordable City for Homebuyers Is…
North Carolina Gov. Stein Signs Executive Order to Address Housing Affordability
Executive Order No. 36 calls for interagency collaboration to address issues impacting housing supply, affordability, and access. Continue Reading North Carolina Gov. Stein Signs Executive Order to Address Housing Affordability
Toll Brothers Unveils Townhome Community in Charlotte
Toll Brothers at South Park will feature residences encompassing over 2,000 square feet of open-concept living space. Continue Reading Toll Brothers Unveils Townhome Community in Charlotte
Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Davidson has been trying to sell the condo since 2022, when he listed it for $1.3 million. Continue Reading Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
The property is slated to be auctioned on June 18 by Paramount Realty USA. Continue Reading Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
Existing Home Sales Down by 0.5% in April
The median existing-home price for all housing types in April was $414,000, up 1.8% from the $406,600 in April 2024. Continue Reading Existing Home Sales Down by 0.5% in April
$16.9 Million Allocated for Virginia Workforce Housing Investment Program
The program aims to increase the workforce housing supply in areas that have new or expanding businesses. Continue Reading $16.9 Million Allocated for Virginia Workforce Housing Investment Program
Listings Featuring Swimming Pools at an All-Time High
Realtor.com acknowledged that homes with pools are generally larger than those without. Continue Reading Listings Featuring Swimming Pools at an All-Time High
Pennsylvania Home Sales Up 11%
April’s median sales price of $295,000 was up 3.5% month-over-month and up 7% since the beginning of the year. Continue Reading Pennsylvania Home Sales Up 11%
MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’
MBA President and CEO Bob Broeksmit praised the administration’s focus on deregulation. Continue Reading MBA Chief: Trump Team ‘Understands Housing and Real Estate Finance’
Mortgage Application Activity Slows Down
The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 5.1% on a seasonally adjusted basis from one week earlier. Continue Reading Mortgage Application Activity Slows Down
Zillow Announces Timeline for New Listing Standards
The Seattle-headquartered company announced the standards will go into effect on May 28. Continue Reading Zillow Announces Timeline for New Listing Standards
New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
Michigan recorded over 12,000 major power outage events and more than 34,000 hours per year without electricity between 2019 and 2023. Continue Reading New Reports Highlight Michigan’s Affordable Homeownership and Power Outages
RE/MAX: April Home Sales Up 11.3%
April’s median sales price of $440,000 was $5,000 (1.2%) higher than March and $10,000 (2.3%) more than one year ago. Continue Reading RE/MAX: April Home Sales Up 11.3%
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