U.S. Housing Market
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
Mortgage Applications for New Home Purchases Declined in April
The average loan size for new homes decreased from $381,938 in March to $378,384 in April. Continue Reading Mortgage Applications for New Home Purchases Declined in April
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
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
Homeownership Affordability Near 4-Year High, But Can it Last?
“Affordability began 2026 on its strongest footing since August 2022,” said First American Chief Economist Mark Fleming. Continue Reading Homeownership Affordability Near 4-Year High, But Can it Last?
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
Active Listings in Washington, DC Metro Area Up 25.1% from Last Year
The median home sale price rose 4.1% year-over-year to $600,964 during the four weeks ending April 27. Continue Reading Active Listings in Washington, DC Metro Area Up 25.1% from Last Year
Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years
72% of respondents said it is a bad time to buy a house and 26% say it is a good time. Continue Reading Roughly One-Third of Non-Homeowners Don’t Expect to Buy a Home in the Next Five Years
Lennar Opens New 55+ Master-Planned Community in South Carolina
Pricing ranges from the mid $300,000s to low $600,000s. Continue Reading Lennar Opens New 55+ Master-Planned Community in South Carolina
No Laughing Matter: Jim Carrey Cuts Price Again on LA Estate
Carrey acquired the property in 1994 for $3.8 million and listed it in February 2023 for nearly $29 million. Continue Reading No Laughing Matter: Jim Carrey Cuts Price Again on LA Estate
Mortgage Application Activity Rebounds with 11% Upswing
The seasonally adjusted Purchase Index increased 11% from one week earlier while the unadjusted index was 12% higher. Continue Reading Mortgage Application Activity Rebounds with 11% Upswing
Survey: One-Third of Nevada Voters Considered Leaving the State Due to Housing Costs
Median home prices have approached or exceeded $600,000 in some of the state’s markets. Continue Reading Survey: One-Third of Nevada Voters Considered Leaving the State Due to Housing Costs
A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?
Will GOP members of Congress withstand pressure from multiple fronts opposed to the president’s agenda? Continue Reading A Phil Hall Op-Ed: Will Congress Approve Trump’s 44% Cut to HUD’s Budget?
Compass Creates Private Exclusive Listings Book
Agents from all brokerages can visit any Compass office to individually browse Private Exclusives listings on a one-to-one basis. Continue Reading Compass Creates Private Exclusive Listings Book
Can Home Staging Speed Up Sales and Boost the Transaction Price?
Most buyers’ agents (83%) said staging a home made it easier for the buyer to envision the property as their future home. Continue Reading Can Home Staging Speed Up Sales and Boost the Transaction Price?
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