U.S. Housing Market
AI Is Getting a Bigger Role in Home Valuations. Borrowers Need a Better Way to Challenge It
AI and automated valuation tools are taking a larger role in mortgage lending. The technology can improve speed and efficiency, but borrowers need a practical way to address a valuation when the underlying property information or result is wrong. Continue Reading AI Is Getting a Bigger Role in Home Valuations. Borrowers Need a Better Way to Challenge It
Iowa Home Sales Down 16% in July
Median sales price came to $280,000 in July, a vibrant 10.7% increase over the $253,000 median sales price from the prior year. Continue Reading Iowa Home Sales Down 16% in July
New Home Sales Plunged 10.5% in July
The median sales price of new houses sold last month was $393,800. Continue Reading New Home Sales Plunged 10.5% in July
America Needs More Homes. Builders Are Being Given Reasons to Build Fewer
America needs more housing. But builders still have to produce homes at a cost buyers can afford. John G. Stevens examines why America’s housing shortage and affordability crisis cannot be solved separately. Continue Reading America Needs More Homes. Builders Are Being Given Reasons to Build Fewer
Illinois Home Sales Up Slightly, Chicago Sales in Decline
The city of Chicago experienced a 2.9% year-over-year decrease in sales in July with 2,137 sales, down from 2,201 one year before. Continue Reading Illinois Home Sales Up Slightly, Chicago Sales in Decline
Fewer Foreign Buyers Acquiring US Existing Homes
The top five US markets based on the percentage of all foreign buyers were Florida (20%), California (19%), Texas (12%), New Jersey (4%), and Georgia (4%). Continue Reading Fewer Foreign Buyers Acquiring US Existing Homes
Mortgage Application Activity Down by 6.4%
The FHA share of total applications dipped to 16.9% from 17.0% the week prior. Continue Reading Mortgage Application Activity Down by 6.4%
Florida’s Fraternal Order of Police Opposes Property Tax Amendment
“Public safety should never become collateral damage with uncertain fiscal consequences,” said the organization. Continue Reading Florida’s Fraternal Order of Police Opposes Property Tax Amendment
NYC Median Asking Rent Hits New Record High
Rent increases occurred across the city’s five boroughs. Continue Reading NYC Median Asking Rent Hits New Record High
New Data Reports Point to Mild Home Price Acceleration
Chicago, New York City and Cleveland reported the highest year-over-year gains. Continue Reading New Data Reports Point to Mild Home Price Acceleration
Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent
While declines were recorded in 45 of the largest US metro areas, Canada-based searches increased in five markets. Continue Reading Redfin: Fewer Canadians Are Scrolling for US Properties to Buy or Rent
Report: World Cup Brought Major Income Boost to Short-Term Rental Owners in Host Cities
The income in markets where short-term renting is broadly permitted surged during the World Cup events by 421% compared with June 2025. Continue Reading Report: World Cup Brought Major Income Boost to Short-Term Rental Owners in Host Cities
California Realtors Group Offers Grants to Help First-Time Buyers Cover Insurance Costs
The average amount of funds distributed on a first-come, first-served basis was roughly $1,625 per applicant. Continue Reading California Realtors Group Offers Grants to Help First-Time Buyers Cover Insurance Costs
Florida’s New Real Estate License Activity Up 42% Year-Over-Year
However, a data report from Casa Academy determined that 43% of the 2025 cohort now has inactive license records. Continue Reading Florida’s New Real Estate License Activity Up 42% Year-Over-Year
Virginia Home Sales Up 7.6%
Last month’s median sales price climbed to $460,000, up more than 3% from June 2025. Continue Reading Virginia Home Sales Up 7.6%
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