U.S. Housing Market
Kentucky Home Sales Up in February Despite Drop in New Listings
The median sales price in February was $272,000, up 8.58% month-over-month and up 6% year-over-year. Continue Reading Kentucky Home Sales Up in February Despite Drop in New Listings
February New Home Purchase Mortgage Applications Up by 0.9%
Conventional loans composed 49.4 % of loan applications and FHA loans composed 35.3%. Continue Reading February New Home Purchase Mortgage Applications Up by 0.9%
The Best State for Retirees Is…
Kentucky ranked last among the 50 states. Continue Reading The Best State for Retirees Is…
Illinois Home Sales Up 2%
For 2025, closed sales totaled 136,650, up 4.2% from the 131,194 transactions in 2024. Continue Reading Illinois Home Sales Up 2%
Number of Down Payment Assistance Programs in Q4 2025 Up 6% Year-Over-Year
Slightly less than two-thirds of these programs (63%, or 1,639 programs) were open to first-time buyers. Continue Reading Number of Down Payment Assistance Programs in Q4 2025 Up 6% Year-Over-Year
Report: Refinancing Fueled Q3 Mortgage Lending Activity
Mortgage rollovers were up by 6.9% quarterly to about 588,000. Continue Reading Report: Refinancing Fueled Q3 Mortgage Lending Activity
Survey: Most Buyers Move to Find a Bigger and Better Home
Redfin found that women (20%) were more likely than men (13.8%) to cite a concern for safety/crime as a reason for moving. Continue Reading Survey: Most Buyers Move to Find a Bigger and Better Home
Mortgage Application Activity and Forbearance Levels on the Rise
“Approximately 65,000 more borrowers are in forbearance compared to one month ago,” said MBA’s Marina Walsh. Continue Reading Mortgage Application Activity and Forbearance Levels on the Rise
Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
Combs acquired his Holmby Hills estate in 2014 for $39 million and listed it at $60 million prior to his recent arrest. Continue Reading Real Estate Investor Bo Belmont Makes Discounted Bid for Sean ‘Diddy’ Combs Estate
California Home Sales Rebounded in October
Also on the rise was the statewide median price – $888,740, up 2.4% from the prior month. Continue Reading California Home Sales Rebounded in October
Housing Starts Dropped in October
Single-family housing completions in October were at a rate of 986,000, a 1.4% drop from the revised September rate of 1 million. Continue Reading Housing Starts Dropped in October
Builder Confidence Up for Third Straight Month
31% of builders cut home prices in November, with an average price reduction at 5%. Continue Reading Builder Confidence Up for Third Straight Month
Survey: Most People Earning Under $50,000 Struggle to Afford Housing
10% of Gen Zers have delayed or decided against having a child due to housing costs. Continue Reading Survey: Most People Earning Under $50,000 Struggle to Afford Housing
Hits and Misses for the Real Estate Week of Nov. 11-15
Alternatives to Chicago property taxes, a mega-million condo sale loss and a proposal to bend the Manhattan skyline are part of this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Nov. 11-15
Redfin CEO to Trump: We Need More Homes Now!
Kelman credited Trump’s return to the White House to younger Americans who were unhappy with the current housing market. Continue Reading Redfin CEO to Trump: We Need More Homes Now!
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