U.S. Housing Market
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Builder Confidence Rises Despite Market Challenges
“The HMI gain in October is a positive signal for 2026 as our forecast is for single-family housing starts to gain ground next year,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Rises Despite Market Challenges
Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
Hits and Misses for the Real Estate Week of July 1-5
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. Continue Reading Hits and Misses for the Real Estate Week of July 1-5
Rent Control Measure Added to California’s November Ballot
The California Apartment Association has emerged as the leading opponent to this endeavor. Continue Reading Rent Control Measure Added to California’s November Ballot
Mortgage Rates Rise to Just Below 7%
The 30-year fixed-rate mortgage averaged 6.95% as of July 3. Continue Reading Mortgage Rates Rise to Just Below 7%
Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors
Ameritex Homes start in the $200,000s and are located across Texas. Continue Reading Ameritex Homes Offers ‘July Sales Event’ for Buyers and Realtors
FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
The documents are available in Chinese, Korean, Spanish, Tagalog, and Vietnamese on the FHA website. Continue Reading FHA Translates 19 Mortgage Servicing Documents into 5 Foreign Languages
Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
A message from the publisher of Weekly Real Estate News. Continue Reading Celebrating Freedom of Housing in the USA: John G. Stevens’ Perspective
Redfin: Median Sales Price Hits New Record High
The greatest year-over-year median sale price increases was recorded in Anaheim, California (14.7%). Continue Reading Redfin: Median Sales Price Hits New Record High
US Home Affordability Continued to Fray During Q2
Median home ownership costs in 582 of the 589 counties analyzed in the second quarter were less affordable than in the past. Continue Reading US Home Affordability Continued to Fray During Q2
Mansion Tax Proposal Coming Back to Connecticut
Gov. Ned Lamont has not commented on the proposal. Continue Reading Mansion Tax Proposal Coming Back to Connecticut
Mortgage Application Activity Slumps Again
The FHA share of total applications remained unchanged at 13.1%. Continue Reading Mortgage Application Activity Slumps Again
Recent Posts
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