U.S. Housing Market
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Existing Home Sales Up 5.8% in December
The $405,400 median existing home price for all housing types marked a 0.4% uptick from the $403,700 price set one year before. Continue Reading Existing Home Sales Up 5.8% in December
FHFA’s Pulte Threatens Builders Over Stock Repurchasing
“Our preference is to use carrots, but sticks are on the table,” Pulte said. Continue Reading FHFA’s Pulte Threatens Builders Over Stock Repurchasing
Alec Baldwin Shoots Down the Price on Hamptons Mansion
The property is now being offered at $19.9 million. Continue Reading Alec Baldwin Shoots Down the Price on Hamptons Mansion
Florida Home Sales and Prices in Decline
New listings of single-family homes in August were up by 2.3% compared to a year ago. Continue Reading Florida Home Sales and Prices in Decline
Homes Sales Up While Inventory Shrinks in New York State
The median sales price of homes in New York rose from $410,000 in August 2023 to $444,713 last month. Continue Reading Homes Sales Up While Inventory Shrinks in New York State
Mortgage Rates Continue to Slide
The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. Continue Reading Mortgage Rates Continue to Slide
Existing Home Sales Down 2.5%
First-time buyers were responsible for 26% of sales in August, matching the all-time low last seen in November 2021. Continue Reading Existing Home Sales Down 2.5%
Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
The proposed development will include more than 400 apartment units on the tower’s uppermost floors. Continue Reading Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
Home Flipping Activity Down in Q2
The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in the second quarter of 2023. Continue Reading Home Flipping Activity Down in Q2
AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
The Homes Act is Ocasio-Cortez’s second housing bill introduced this year. Continue Reading AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
Greystar to Open New Build-for-Rent Community in Georgia
Summerwell Bells Ferry consists of 137 townhomes and 16 detached single-family rental homes. Continue Reading Greystar to Open New Build-for-Rent Community in Georgia
Michael Jordan Sells Chicago Mansion After 12 Years on the Market
The property was first listed for $29 million in 2012. Continue Reading Michael Jordan Sells Chicago Mansion After 12 Years on the Market
Mortgage Application Activity Up 14.2%
The MBA also reported mortgage applications for new home purchases in August were up 4.4% year-over-year. Continue Reading Mortgage Application Activity Up 14.2%
