U.S. Housing Market
New Data Reports Find Continuation of Mild Home Price Acceleration
Once again, FHFA Director Bill Pulte did not comment on the continued home price acceleration. Continue Reading New Data Reports Find Continuation of Mild Home Price Acceleration
Report: Nearly 44% of Homes Carry HOA Fees
Roughly one-third (33.4%) of single-family homes now carry HOA fees. Continue Reading Report: Nearly 44% of Homes Carry HOA Fees
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
Report: California is Home to Four of the Top Five Riskiest Housing Markets
The new report determined that 16 of the 50 highest risk markets were in California. Continue Reading Report: California is Home to Four of the Top Five Riskiest Housing Markets
Century Communities Begins Home Sales at New Michigan Community
Pricing for the new homes starts in the mid $300,000s. Continue Reading Century Communities Begins Home Sales at New Michigan Community
Foreclosure Activity Up in October
Nevada led the states in foreclosures, where one in every 2,741 housing units with a filing. Continue Reading Foreclosure Activity Up in October
Alaska’s Record-Breaking $15 Million Listing Features Hangar for Five Planes
“It’s very rare to see this kind of home on the market,” said listing agent David Matthys of Re/Max Dynamic Properties. Continue Reading Alaska’s Record-Breaking $15 Million Listing Features Hangar for Five Planes
NAR Chief Economist Predicts Rising Home Sales Over Next Two Years
Yun predicted mortgage rates will be “bouncing around 5.5%-6.5%.” Continue Reading NAR Chief Economist Predicts Rising Home Sales Over Next Two Years
Home Depot Foundation Invests $10 Million into Veterans-Focused Housing Needs
The foundation also announced plans to grow its mission with an updated commitment of $750 million to veteran causes by 2030. Continue Reading Home Depot Foundation Invests $10 Million into Veterans-Focused Housing Needs
Hits and Misses for the Real Estate Week of Nov. 4-8
This week’s Hits and Misses considers the election’s aftershocks, an attempt to stop new property taxes, and the life of an innovative business leader. Continue Reading Hits and Misses for the Real Estate Week of Nov. 4-8
Mortgage Delinquency Rate Up Slightly from Last Year
The effects of Hurricanes Helene and Milton will likely impact the next quarterly report. Continue Reading Mortgage Delinquency Rate Up Slightly from Last Year
Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
According to Census Bureau data, 56.7% of Native American households owned their homes between 2015-2019. Continue Reading Two New Partnerships Designed to Expand Homeownership Among Tribal Communities
California Housing Affordability Improved Slightly in Q3
State residents needed a minimum annual income of $220,800 to qualify for the purchase of an $880,250 statewide median-priced, existing single-family home. Continue Reading California Housing Affordability Improved Slightly in Q3
NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains
“Home prices remain on solid ground as reflected by the vast number of markets experiencing gains,” said NAR Chief Economist Lawrence Yun. Continue Reading NAR: Nearly 90% of Metro Markets Saw Q3 Home Price Gains
Consumer Confidence in Housing Market on the Rise
The share of consumers who believed it’s a good time to buy a home increased to 20%. Continue Reading Consumer Confidence in Housing Market on the Rise
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