U.S. Housing Market
Cole West Closes on 38 Homesites for New Utah Community
Development is slated to begin this summer, with home sales commencing early next year with prices expected to start in the $700,000s. Continue Reading Cole West Closes on 38 Homesites for New Utah Community
REMAX: March Home Sales Up Nearly 32% From February
The median sales price increased to $440,000 last month, which was $10,000 (2.3%) higher than February and $5,000 (1.1%) more than March 2025. Continue Reading REMAX: March Home Sales Up Nearly 32% From February
Mortgage Application Activity Up by Nearly 3%
The VA share of total applications increased to 16.5% from 16.0% percent the week prior. Continue Reading Mortgage Application Activity Up by Nearly 3%
Historic Michigan Cinema to Become Mixed-Use Development
The venue opened in November 1921 as the Rivoli Theatre. Continue Reading Historic Michigan Cinema to Become Mixed-Use Development
Florida Home Sales Rise as Prices Decline
The statewide median sales price for single-family existing homes last month was $405,000, down 1.2% from January 2025. Continue Reading Florida Home Sales Rise as Prices Decline
CMBS Delinquency Rate Rises to Nearly 6%
Last month’s spike was primarily fueled entirely by the office sector. Continue Reading CMBS Delinquency Rate Rises to Nearly 6%
Former Home of Gambino Crime Family Boss Listed for $18 Million
The property last changed hands in 2000 for $3.1 million. Continue Reading Former Home of Gambino Crime Family Boss Listed for $18 Million
Newly Built Homes Account for 28% of Q3 Single-Family Home Sales
The record high for newly built single-family homes for sale was 34.4% set the start of 2022. Continue Reading Newly Built Homes Account for 28% of Q3 Single-Family Home Sales
New Fund Focuses on BTR Communities in Opportunity Zones
“This tax-advantaged real estate fund is targeting strong risk-adjusted returns,” said Jeff Feinstein, managing partner at Pinnacle Partners. Continue Reading New Fund Focuses on BTR Communities in Opportunity Zones
Cape Cod Estate Adjacent to the Kennedy Compound Listed for Nearly $20 Million
The estate known as Port View was built in 1914. Continue Reading Cape Cod Estate Adjacent to the Kennedy Compound Listed for Nearly $20 Million
Mortgage Rates Up for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.72% as of Oct. 31. Continue Reading Mortgage Rates Up for Fifth Straight Week
Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Buyer’s agent commissions for homes listed under $500,000 inched up from an average of 2.41% in August to 2.43% in October. Continue Reading Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Mortgage rates were at a historic low of 2.65% in 2021 before soaring to decade-long highs of 7.79% in the fall of 2023. Continue Reading Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Zombie Foreclosures Down 20% from Last Year
The number of zombie properties has gone up quarterly in 30 states. Continue Reading Zombie Foreclosures Down 20% from Last Year
California Realtors Report More Canceled Sales Due to Insurance Challenges
Furthermore, 21% of realtor respondents said they had clients who are using the FAIR Plan Continue Reading California Realtors Report More Canceled Sales Due to Insurance Challenges
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