U.S. Housing Market
Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
In April, he listed the property for just under $14 million but later withdrew the listing when there was no buyer interest. Continue Reading Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
Illinois Home Prices Rising While Sales Decline
The city of Chicago experienced an 11.8% year-over-year decrease in sales. Continue Reading Illinois Home Prices Rising While Sales Decline
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors in more affordable states were focused on lower-priced and entry-level homes. Continue Reading Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Wisconsin Home Sales Decline Amid Increase in Listings
The $324,000 median home price in August represented an 8% increase from the $300,000 one year before. Continue Reading Wisconsin Home Sales Decline Amid Increase in Listings
30-Year Fixed-Rate Mortgage at 2-Year Low
The 30-year fixed-rate mortgage averaged 6.08% as of Sept. 26. Continue Reading 30-Year Fixed-Rate Mortgage at 2-Year Low
Pending Home Sales Up Slightly in August
On a regional basis, the Midwest, South and West posted monthly gains in transactions. Continue Reading Pending Home Sales Up Slightly in August
Tech Trends: Help for the Property Owners
This week’s edition for Tech Trends highlights four new tools designed to help current and prospective property owners. Continue Reading Tech Trends: Help for the Property Owners
Mortgage Application Payments Down by Nearly 4%
The national median mortgage payment for conventional loan applicants was $2,056. Continue Reading Mortgage Application Payments Down by Nearly 4%
Asking Rents for New Apartments at Lowest Level in 2 Years
Rents for one-bedroom apartments were down 9% year-over-year to $1,566. Continue Reading Asking Rents for New Apartments at Lowest Level in 2 Years
Report: Affordable Homeownership Remained Elusive in Q3
The national median price for single-family homes and condos was $365,000 in the third quarter. Continue Reading Report: Affordable Homeownership Remained Elusive in Q3
Forecast: California Homes Sales and Prices to Increase in 2025
The state’s median home price is forecast to soar by 4.6% to $909,400 next year. Continue Reading Forecast: California Homes Sales and Prices to Increase in 2025
Grant Cardone: Kamala Harris ‘Does Not Understand Housing’
Cardone noted “we are 4.2 million homes short in America.” Continue Reading Grant Cardone: Kamala Harris ‘Does Not Understand Housing’
Number of Loans in Forbearance Up in August
The share of Fannie Mae and Freddie Mac loans in forbearance increased 1 basis point to 0.13% in August. Continue Reading Number of Loans in Forbearance Up in August
