U.S. Housing Market
Mill Creek Residential Expands into Colorado with Build-to-Rent Community
The community will feature 162 two-, three- and four-bedroom townhomes with an average size of 1,727 square feet. Continue Reading Mill Creek Residential Expands into Colorado with Build-to-Rent Community
Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
The 5.2-acre property’s residence features 12 bedrooms and 24 bathrooms. Continue Reading Jennifer Lopez and Ben Affleck Remove Listing for Discounted Beverly Hills Mansion
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
Alabama Home Sales Up, Reversing Three-Month Decline
Alabama saw 416 foreclosures in November, down by 3.7% from the prior month and a 22.2% annual decrease. Continue Reading Alabama Home Sales Up, Reversing Three-Month Decline
New York State Housing Inventory at 8-Month Low
The lack of available properties resulted in a 4.6% year-over-year decline in closed sales. Continue Reading New York State Housing Inventory at 8-Month Low
Wisconsin Home Sales Inched Up in November
Also on the rise was the state’s median price – $310,000, up 8.8% from $279,900 in the prior year. Continue Reading Wisconsin Home Sales Inched Up in November
Existing Home Sales Up in November
Last month’s median existing home price for all housing types was $406,100. Continue Reading Existing Home Sales Up in November
Mortgage Rates Rise Ahead of Christmas
The 30-year fixed-rate mortgage averaged 6.72% as of Dec. 19. Continue Reading Mortgage Rates Rise Ahead of Christmas
Florida Home Sales and Prices Decline
The statewide median sales price for single-family existing homes in November was $410,700. Continue Reading Florida Home Sales and Prices Decline
California Home Sales Record Largest Yearly Increase in Over Three Years
The statewide median price of $852,880 was down 4% from October but was up 3.8% from November 2023. Continue Reading California Home Sales Record Largest Yearly Increase in Over Three Years
Report: Home Affordability Worsened in Q4
The national median home price has climbed to $364,750 during the fourth quarter. Continue Reading Report: Home Affordability Worsened in Q4
Mortgage Application Activity Down Slightly
The MBA reported mortgage applications for new home purchases in November were up 7.2% year-over-year. Continue Reading Mortgage Application Activity Down Slightly
Single-Family Housing Starts Up 6.4%
Privately-owned housing starts were down 1.8% from October. Continue Reading Single-Family Housing Starts Up 6.4%
