U.S. Housing Market
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
“Million-dollar starter homes are popping up in more Northeast cities because the housing shortage there hasn’t been solved,” said Kara Ng, senior economist at Zillow. Continue Reading Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
Builder Confidence Remains Weak Amid Affordability Concerns
The latest HMI survey also revealed that 35% of builders cut prices in June, up from 32% in May. Continue Reading Builder Confidence Remains Weak Amid Affordability Concerns
Home Sales Profits Down During Q1
The first quarter’s home prices held steady from the previous quarter at $360,000 but were up 3% year-over-year from $350,000 in the first quarter of 2025. Continue Reading Home Sales Profits Down During Q1
HUD and FHFA Update Credit Scoring Models
Mortgage Bankers Association President and CEO Bob Broeksmit said this was “an important next step in modernizing the credit scoring framework.” Continue Reading HUD and FHFA Update Credit Scoring Models
New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
Iowa residents have the lowest percentage of income spent on housing. Continue Reading New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
Gene Simmons Lists Beverly Hills Mansion for $14 Million
“I don’t want anybody coming in there who is going to destroy the place,” said the KISS icon. Continue Reading Gene Simmons Lists Beverly Hills Mansion for $14 Million
Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
The survey found 38% of first-time homebuyers felt pressured to make a homebuying decision quickly. Continue Reading Survey: Nearly One-Third of First-Time Homebuyers Express Buyer’s Remorse
Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
The state paid $7.2 million over the past few years to buy three residential buildings. Continue Reading Three Multifamily Properties Adjacent to Utah Governor’s Mansion to be Demolished
242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
The Liberty has 55 townhomes and 187 apartments that range from 568 square feet to 1,536 square feet. Continue Reading 242-Unit Multifamily Property in Suburban Minneapolis Sells for $59.5 Million
New Home Sales Up 7.4%
Sales of new single-family houses in March were at a seasonally adjusted annual rate of 724,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 7.4% above the February rate of 674,000 and is 6%...
CRMLS Rejects NAR’s Delayed Marketing Policy
“It’s time to stop unnecessarily changing up the rules and to let agents and brokers get back to work,” said CRMLS. Continue Reading CRMLS Rejects NAR’s Delayed Marketing Policy
Mortgage Application Activity Stumbles by 12.7%
The seasonally adjusted Purchase Index decreased 7% from one week earlier. Continue Reading Mortgage Application Activity Stumbles by 12.7%
California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Assemblymember Lisa Calderon is a former government affairs executive at Southern California Edison. Continue Reading California Utility Executive-Turned-Lawmaker Seeks to Slash Energy Credit Benefits for Rooftop Solar Panels
Q1 Texas Home Sales Down Despite Boost in Active Listings
The median Texas home sales price for the quarter was $331,000, a mild 0.3% rise from one year earlier. Continue Reading Q1 Texas Home Sales Down Despite Boost in Active Listings
Pennsylvania Home Sales Up 21%
The median sales price for residential properties last month was $285,000, up 2% from $279,000 in the previous month. Continue Reading Pennsylvania Home Sales Up 21%
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