U.S. Housing Market
Study: Only 4.5% of Gen Zers are Homeowners
At the metro level, the widest Gen Z-to-boomer divides cluster in waterfront retiree hubs. Continue Reading Study: Only 4.5% of Gen Zers are Homeowners
Down Payment Levels at 4-Year Low
“Down payments are falling as the housing market slowly tilts toward buyers,” said Hannah Jones, senior economist at Realtor.com. Continue Reading Down Payment Levels at 4-Year Low
A Phil Hall Op-Ed: In Search of New Homes
Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly more than one-third built before 1970. Continue Reading A Phil Hall Op-Ed: In Search of New Homes
New Data Reports Find Cooling but Continued Home Price Gains
FHFA Director Bill Pulte did not offer a public comment on the price increases. Continue Reading New Data Reports Find Cooling but Continued Home Price Gains
Lennar to Open 3 New Townhome Communities in Southwest Florida
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
KB Homes Debuts New Community in Seattle-Tacoma Market
Pricing at Enclave at White River begins from the $580,000s. Continue Reading KB Homes Debuts New Community in Seattle-Tacoma Market
Hits and Misses for the Real Estate Week of May 5-9
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. Continue Reading Hits and Misses for the Real Estate Week of May 5-9
Pope Leo XIV’s Chicago-Area Childhood Home Listed for $199,000
The new pope’s family owned the property from 1949 to 1996. Continue Reading Pope Leo XIV’s Chicago-Area Childhood Home Listed for $199,000
Builder Confidence in Multifamily Market Down in Q1
“Construction costs, regulatory barriers and financing are the main headwinds right now,” said NAHB Debra Guerrero. Continue Reading Builder Confidence in Multifamily Market Down in Q1
Hilltop Residential Launches Multifamily Development Division
The company has appointed Eric Overton as managing partner of Hilltop Residential Development. Continue Reading Hilltop Residential Launches Multifamily Development Division
Second Home Mortgage Origination at 7-Year Low
Demand for vacation homes is falling fastest in Florida. Continue Reading Second Home Mortgage Origination at 7-Year Low
Mortgage Rates Remain Flat
Sam Khater, Freddie Mac’s chief economist, noted that “rates are lower and have remained stable for weeks.” Continue Reading Mortgage Rates Remain Flat
NAR: Q1 Home Prices Up in 83% of Metro Markets
“Most metro markets continue to set new record highs for home prices,” said NAR Chief Economist Lawrence Yun. Continue Reading NAR: Q1 Home Prices Up in 83% of Metro Markets
Q1 Home Equity Levels Down Slightly
The level of equity richness in homes was down in 47 states and the District of Columbia on a quarter-over-quarter basis. Continue Reading Q1 Home Equity Levels Down Slightly
Washington State Rent Cap Bill Signed into Law
The Rental Housing Association of Washington is considering legal action to challenge the new law. Continue Reading Washington State Rent Cap Bill Signed into Law
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