U.S. Housing Market
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Record Number of $1 Million-Plus Homes Sold in Texas
“Luxury home sales are small but powerful,” said Jennifer Wauhob, president of Texas Realtors. Continue Reading Record Number of $1 Million-Plus Homes Sold in Texas
Trump Suggests He is Opposed to Lowering Home Prices
“Now if I want to really crush the housing market, I could do that so fast and people could buy houses,” he said. Continue Reading Trump Suggests He is Opposed to Lowering Home Prices
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
New Survey Finds 4 Out of 5 Respondents Support Rent Caps
More Democrats than Republicans support rent caps. Continue Reading New Survey Finds 4 Out of 5 Respondents Support Rent Caps
Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich
2.5% of mortgaged homes were seriously underwater in the third quarter. Continue Reading Report: Nearly Half of Mortgaged Homeowners Are Equity-Rich
Florida Home Sales Dip While Prices Hold Steady
Florida had a 4.6-month supply of single-family existing homes in September and in the third quarter. Continue Reading Florida Home Sales Dip While Prices Hold Steady
New York State Median Home Prices Up for 13th Straight Month
New listings in September totaled 12,957, up 2.7% from 12,618 one year earlier. Continue Reading New York State Median Home Prices Up for 13th Straight Month
Connecticut Home Sales Drop in Q3 as Prices Rise
The median sale price for the third quarter was $417,500, up 9.1% from one year before. Continue Reading Connecticut Home Sales Drop in Q3 as Prices Rise
Existing Home Sales Down by 1% in September
First-time buyers were responsible for 26% of sales in September, matching the all-time low from August 2024 and November 2021. Continue Reading Existing Home Sales Down by 1% in September
Mortgage Applications Down, Forbearance Levels Up
The total number of loans now in forbearance increased to 0.34% as of Sept. 30. Continue Reading Mortgage Applications Down, Forbearance Levels Up
Pennsylvania Home Sales Down Despite Growing Inventory
A total of 9,538 home sales were recorded, down 6.5% compared to September 2023. Continue Reading Pennsylvania Home Sales Down Despite Growing Inventory
Texas Median Home Sale Prices Hold Steady During Q3
Active listings increased by 30.4% statewide over the same period last year. Continue Reading Texas Median Home Sale Prices Hold Steady During Q3
Arizona Blocks Wildcat Development in Water-Challenged Community
Morning Vista Homes LLC, 2PHDS LLC and Andrei Polukhtin were accused of selling parcels without obtaining a public report. Continue Reading Arizona Blocks Wildcat Development in Water-Challenged Community
