U.S. Housing Market
Zillow Preview Listings to Be Available on Realtor.com
The collaboration does not require a special login by users or either platform, and no brokerage relationship is required for access. Continue Reading Zillow Preview Listings to Be Available on Realtor.com
New Home Sales Surged 7.4% in March
The median sales price of new houses sold in March was $387,400, 5.3% decline from the February price of $409,000. Continue Reading New Home Sales Surged 7.4% in March
Single-Family Housing Starts Down in January
“The single-family market has slowed as builders continue to deal with elevated construction costs while affordability conditions are a cause of concern for many potential home buyers,” said NAHB’s Bill Owens, Continue Reading Single-Family Housing Starts Down in January
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Illinois Home Sales Up 7%
January’s median price of $285,000 was up by 10.9% from the previous year. Continue Reading Illinois Home Sales Up 7%
S&P/Case-Shiller Index Hits 19th Straight All-Time High
New York City again reported the highest annual gain among the 20 cities with a 7.2% increase in December. Continue Reading S&P/Case-Shiller Index Hits 19th Straight All-Time High
Buy a House, Get Free Eggs? Viral Video Highlights Unlikely Buyer Incentive
The signs were the work of Raleigh-based Diane Kleckner of eXp Realty. Continue Reading Buy a House, Get Free Eggs? Viral Video Highlights Unlikely Buyer Incentive
Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. Continue Reading Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
The statewide inventory in January for existing single-family homes was up year-over-year by 31.3% and up 39.3% for condo-townhouse units. Continue Reading Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
New York State Home Sales Up for Second Straight Month
Median sales prices swelled by 10.5% to $420,000 from $380,000 one year earlier. Continue Reading New York State Home Sales Up for Second Straight Month
Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
The only notable change to occur was an uptick in the listings and buyers for the ultra-luxury real estate markets. Continue Reading Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
Hits and Misses for the Real Estate Week of Feb. 17-21
HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. Continue Reading Hits and Misses for the Real Estate Week of Feb. 17-21
Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
Gov. Ron DeSantis expressed support for ending property taxes. Continue Reading Florida Legislature Considers Launching Study to Determine Feasibility of Ending Property Taxes
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