U.S. Housing Market
Apartment Rents Up by Scant 0.1% in December
This mild uptick reversed the previous five consecutive month trend of flat or negative monthly rent change. Continue Reading Apartment Rents Up by Scant 0.1% in December
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
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
Sales Tumble, Prices Moderate in Florida’s Housing Market
In the second quarter, Florida’s single-family median sales price was $428,000, up 2.4% compared to the same quarter in 2023. Continue Reading Sales Tumble, Prices Moderate in Florida’s Housing Market
New York State Median Home Sales Price Hits Record High
As prices spiked, closed sales tumbled to 8,630 homes, down 17.4% year-over-year. Continue Reading New York State Median Home Sales Price Hits Record High
OUCH! Existing Home Sales Sink to Six-Month Low
The median existing-home price for all housing types in June was $426,900, an all-time high. Continue Reading OUCH! Existing Home Sales Sink to Six-Month Low
Housing Purchase Deals Being Canceled at Record Rate
Home prices only rose by a relatively scant 0.2% in June, the smallest month-over-month increase since January 2023. Continue Reading Housing Purchase Deals Being Canceled at Record Rate
Fannie Mae: Home Price Growth to Moderate as Listings Expand
“The housing market continues to wait for affordability to improve, even as the supply of new and existing homes for sale slowly rises,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Home Price Growth to Moderate as Listings Expand
Alabama Home Sales Up for Fifth Straight Month
Last month recorded 16,549 active listings, up by 4.9% from the previous month and 43% above the June 2023 level. Continue Reading Alabama Home Sales Up for Fifth Straight Month
Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
For the real estate industry, Biden’s exit leaves unanswered questions on whether Harris would continue Biden’s proposals. Continue Reading Biden Ends Re-election Bid, Leaving His Real Estate Proposals in Limbo
Hits and Misses for the Real Estate Week of July 15-19
A presidential plea for rent control, California realtors under a Justice Department magnifying glass and an unlikely viral video hit are among the week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of July 15-19
Active Listings in Texas Up 41% From Last Year
The statewide median price of $345,000 was only 0.6% higher than during the second quarter of 2023. Continue Reading Active Listings in Texas Up 41% From Last Year
Pennsylvania Home Prices Continue to Rise
Sales were on the downswing with 11,010 transactions in June, Continue Reading Pennsylvania Home Prices Continue to Rise
Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
