U.S. Housing Market
Report: 65% of Homebuyers View First Purchase as Their Forever Home
Many buyers are purchasing their first home only after starting a family. Continue Reading Report: 65% of Homebuyers View First Purchase as Their Forever Home
California Home Sales Fizzle as Median Home Price Spikes by 7.1%
The statewide Unsold Inventory Index declined 17.5% from February and was down 5.7% from March 2025. Continue Reading California Home Sales Fizzle as Median Home Price Spikes by 7.1%
Pending Home Sales Dipped in January
Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South. Continue Reading Pending Home Sales Dipped in January
Report: Vacant Residential Property Rate Held Steady in Q1
In 28 states and the District of Columbia, the number of zombie properties fell quarter-over-quarter. Continue Reading Report: Vacant Residential Property Rate Held Steady in Q1
Mortgage Applications on New Home Purchases Up During January
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
Florida’s housing market in October recorded 18,671 closed sales of existing single-family homes statewide. Continue Reading Florida’s Housing Market: More Inventory, Easing on Median Price Acceleration
New York State Home Prices Up for 16th Straight Month
Homes for sale were down statewide, totaling 28,691 properties. Continue Reading New York State Home Prices Up for 16th Straight Month
Mortgage Rates Rise Again
The 30-year fixed-rate mortgage averaged 6.84% as of Nov. 21, up from last week when it averaged 6.78%. Continue Reading Mortgage Rates Rise Again
Existing Home Sales Score First Year-Over-Year Hike Since July 2021
First-time buyers were responsible for 27% of sales in October. Continue Reading Existing Home Sales Score First Year-Over-Year Hike Since July 2021
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
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