U.S. Housing Market
Hits and Misses for the Real Estate Week of Dec. 8-12
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. Continue Reading Hits and Misses for the Real Estate Week of Dec. 8-12
Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
A new thoroughfare is planned to run directly from the community into downtown Villa Rica. Continue Reading Flournoy Development Group to Launch Apartment-Townhome Community in Georgia
California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Only 36% believed they had the financial wherewithal for that responsibility. Continue Reading Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Mortgage Application Activity Slows Again
The FHA share of total applications increased to 20.5% from 18.5% the week prior while the VA share of total applications dropped to 14.9% from 16.3%. Continue Reading Mortgage Application Activity Slows Again
A Typical Black Household Can Only Afford Starter Homes in 10 Major Metros
The typical Detroit starter home costs just $66,000 and comes with a median monthly payment of $579. Continue Reading A Typical Black Household Can Only Afford Starter Homes in 10 Major Metros
Pending Home Sales Down in May
“The market is at an interesting point with rising inventory and lower demand,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Down in May
Mortgage Rates Moves Further from the 7% Mark
The 30-year fixed-rate mortgage averaged 6.86% as of June 27. Continue Reading Mortgage Rates Moves Further from the 7% Mark
Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
Eight in 10 middle-income households said they were current on their bills. Continue Reading Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
New Single-Family Home Sales at Lowest Pace in 7 Months
The median sales price of new houses sold in May 2024 was $417,400. Continue Reading New Single-Family Home Sales at Lowest Pace in 7 Months
Can Minimum Wage Earners Afford to Buy a Home?
Minimum wage earners in Utah have the longest haul to homeownership. Continue Reading Can Minimum Wage Earners Afford to Buy a Home?
Mortgage Application Activity Inches Up
The total number of home loans now in forbearance declined slightly to 0.21% as of May 31. Continue Reading Mortgage Application Activity Inches Up
Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
The acquisition encompasses more than 5,200 apartment units in newly built mid- and high-rise complexes Continue Reading Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
Case-Shiller: Home Prices Reach Another New High
Home prices in 13 markets were currently at all-time highs. Continue Reading Case-Shiller: Home Prices Reach Another New High
A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
Ten real estate-related questions for the two presumptive presidential candidates. Continue Reading A Phil Hall Op-Ed: 10 Questions for the Biden-Trump Debate
Recent Posts
Hits and Misses for the Real Estate Week of April 6-10- NAR in $52.2 Million Settlement of Tuccori Commissions Lawsuit
- First-Time Homebuyers Accounted for 21% of the Texas Housing Market
- Mid-Atlantic Region Records Spike in Listings
- Portrait Bank, Central Florida’s First De Novo Bank in Nearly 10 Year…
