U.S. Housing Market
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices
“There are buyers out there who have been waiting a long time to get into the market,” said Dr. Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Home Sales Up Despite Fewer Listings, Higher Prices
Asking Rents Fall to Lowest Level Since March 2022
Sun Belt markets saw the most significant declines in median rents, led by Austin (-12.4%), Tampa (-11.3%) and Raleigh (-8.4%). Continue Reading Asking Rents Fall to Lowest Level Since March 2022
Study: Most Americans Want to Age in Their Current Homes
The majority of Americans ages 50 and older want to remain in their current homes as they age, but nearly half expect to relocate due to rising housing costs, according to AARP's 2024 Home and Community Preferences Survey. The new survey polled 3,090 adults from June...
Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago
Musk is reportedly considering the purchase of a penthouse in The Bristol, a luxury building in Palm Beach. Continue Reading Report: Elon Musk Eyeing Luxury Penthouse Near Trump’s Mar-a-Lago
Refinance Surge Drives Up Mortgage Applications
The Refinance Index enjoyed a 27% bump-up from the previous week and was 42% higher than the same week one year ago. Continue Reading Refinance Surge Drives Up Mortgage Applications
A Phil Hall Op-Ed: A Tale of Two Misguided Cities
Editor Phil Hall questions the viability of government-fueled real estate projects in New York City and Chicago. Continue Reading A Phil Hall Op-Ed: A Tale of Two Misguided Cities
Foreclosure Filings Down in November
Lenders started the foreclosure process on 20,231 properties last month. Continue Reading Foreclosure Filings Down in November
San Diego School District Considers Plan to Build Affordable Housing for Employees
The new proposal stressed there was a “clear” need for more affordable housing. Continue Reading San Diego School District Considers Plan to Build Affordable Housing for Employees
Realtor.com Predicts Top Housing Markets for 2025
Three weeks ahead of New Year’s Eve, Realtor.com has published its forecast for the Top Housing Markets for 2025 – with all the locations based in the South and the West. The new year's top 10 housing markets, ranked in order, are: Colorado Springs, Colorado...
Consumer Confidence in Housing Market is on the Rise
A new record-high share of consumers indicated that they expect mortgage rates to decline over the next 12 months. Continue Reading Consumer Confidence in Housing Market is on the Rise
