U.S. Housing Market
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
The announcement was framed by having Newsom as a change agent for affordability. Continue Reading Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
Hits and Misses for the Real Estate Week of Nov. 18-22
This week’s Hits and Misses covers the intersection of real estate and politics in Washington, Ottawa, Sacramento and Animal Crossing. Continue Reading Hits and Misses for the Real Estate Week of Nov. 18-22
Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
20% of renters are working a second job to cover their housing costs. Continue Reading Survey: 1 in 5 Renters Put All of Their Income into Paying Rent
Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
The initiative includes $340 million in loans for qualified small businesses, residential mortgages, and commercial real estate. Continue Reading Truist Commits $725 Million to Aid Hurricane-Damaged Western North Carolina
Tri Pointe Homes Closes First Land Acquisition in the Orlando Market
Tri Pointe purchased the sites from Richland Communities, the developer of Sugarloaf Mountain. Continue Reading Tri Pointe Homes Closes First Land Acquisition in the Orlando Market
Home Sales Rise in Wisconsin Amid Wider Inventory
The state’s median price rose 10.7% to $310,000. Continue Reading Home Sales Rise in Wisconsin Amid Wider Inventory
Alabama Home Sales and Prices Down in October
The median sales price decreased by 2.1% from $224,812 in September to $220,196 in October. Continue Reading Alabama Home Sales and Prices Down in October
Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
Florida’s housing market in October recorded 18,671 closed sales of existing single-family homes statewide. Continue Reading Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
New York State Home Prices Up for 16th Straight Month
Homes for sale were down statewide, totaling 28,691 properties. Continue Reading New York State Home Prices Up for 16th Straight Month
Mortgage Rates Rise Again
The 30-year fixed-rate mortgage averaged 6.84% as of Nov. 21, up from last week when it averaged 6.78%. Continue Reading Mortgage Rates Rise Again
Existing Home Sales Score First Year-Over-Year Hike Since July 2021
First-time buyers were responsible for 27% of sales in October. Continue Reading Existing Home Sales Score First Year-Over-Year Hike Since July 2021
