U.S. Housing Market
REMAX: Home Sales Up for Fourth Straight Month
New listings in May were down 3.3% month-over-month and down 8.4% year-over-year. Continue Reading REMAX: Home Sales Up for Fourth Straight Month
Home Sale Cancellation Rate Holds Steady at 13.6%
In Atlanta, 18.8% of home-purchase agreements were canceled in May, the highest share among the 50 most populous metros with sufficient data. Continue Reading Home Sale Cancellation Rate Holds Steady at 13.6%
Mortgage Application Activity Dips by 1.6%
The FHA share of total applications decreased to 17.2% from 18.2%. Continue Reading Mortgage Application Activity Dips by 1.6%
HUD and USDA Rescind Biden’s Energy Mandate on New Home Construction
“We are removing a significant regulatory barrier that added tens of thousands of dollars to the cost of a new home,” said HUD Secretary Scott Turner. Continue Reading HUD and USDA Rescind Biden’s Energy Mandate on New Home Construction
Single-Family Housing Starts Surge by Nearly 10%
Single-family authorizations in March were at a rate of 895,000, which is 3.8% below the revised February figure of 930,000. Continue Reading Single-Family Housing Starts Surge by Nearly 10%
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
Zillow: New Listings Are Outpacing Home Sales
New listings were up year-over-year in 44 of the 50 largest metros. Continue Reading Zillow: New Listings Are Outpacing Home Sales
Foreclosure Activity Continues to Rise
According to data from ATTOM, one in every 3,950 housing units had a foreclosure filing in April. Continue Reading Foreclosure Activity Continues to Rise
Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
The sellers acquired the property in 2012 for $200,000 and spent $800,000 in renovations and updates to the residence, which was built in 1950. Continue Reading Yearlong Listing for Frank Lloyd Wright House in Michigan Finally Sells After $1 Million Price Cut
Study: Abandoned Residential Properties Could be Worth Over $150 Billion
The so-called “zombie foreclosures” numbered over 7,000 as of the end of the fourth quarter of 2024. Continue Reading Study: Abandoned Residential Properties Could be Worth Over $150 Billion
Construction Begins on 42-Unit Boston Affordable Housing Community
Talbot Commons II will be the second phase of the larger Talbot Commons project, which broke ground in 2020. Continue Reading Construction Begins on 42-Unit Boston Affordable Housing Community
Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Gov. Mike DeWine opposes this initiative. Continue Reading Grassroots Movement Seeks to Abolish Ohio’s Property Taxes
Mortgage Application Activity and Delinquencies Are Rising
The refinance share of mortgage activity decreased to 36.4% of total applications from 37.1% the previous week. Continue Reading Mortgage Application Activity and Delinquencies Are Rising
Modular Housing Provider Boxabl Expands Into Colorado
The Las Vegas-headquartered Boxabl will begin the process to obtain modular certification in Colorado. Continue Reading Modular Housing Provider Boxabl Expands Into Colorado
Indiana Home Sales Up 12%
Homes sold for a statewide median price of $263,000 in April, up 5% year-over-year. Continue Reading Indiana Home Sales Up 12%
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