U.S. Housing Market
South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Property tax payments across the state increased by nearly 40% during the past four years. Continue Reading South Dakota Lawmakers Prepare to Address Property Tax Relief Measures
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Report: 15% of Home Purchase Agreements Canceled in August
This is up from 14.3% one year earlier and marked the highest August rate in records dating back to 2017. Continue Reading Report: 15% of Home Purchase Agreements Canceled in August
Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025
The top five states for all-cash sales were Mississippi (49.6%), Montana (46.0%), Idaho (45.0%), Hawaii (44.9%), and Maine (44.4%). Continue Reading Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025
Report: Housing Affordability at Best Level Since Early 2023
The average credit score for purchase locks climbed above 736, the highest recorded in the six-year history of ICE’s origination dataset Continue Reading Report: Housing Affordability at Best Level Since Early 2023
Mortgage Application Payments Increased 2.5%
The national median mortgage payment for conventional loan applicants was $2,271. Continue Reading Mortgage Application Payments Increased 2.5%
CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
CFPB Director Rohit Chopra opined, “Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs.” Continue Reading CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
The lawmakers said the proposal would turn Freddie Mac “into a massive consumer loan guarantor.” Continue Reading GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
Mortgage Rates Back Above 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.79%. Continue Reading Mortgage Rates Back Above 7%
Pending Home Sales Slumped in April
All four regions registered month-over-month and year-over-year decreases. Continue Reading Pending Home Sales Slumped in April
Redfin: More Home Sellers Cutting Their Asking Prices
The median asking price was slashed by roughly $3,000 to $416,623 in the last week. Continue Reading Redfin: More Home Sellers Cutting Their Asking Prices
Fewer Zombie Foreclosures in Q2 Housing Market
A total of 6,945 residential properties facing possible foreclosure have been vacated by their owners nationwide in the second quarter. Continue Reading Fewer Zombie Foreclosures in Q2 Housing Market
Zillow Names Phoenix as the Best Housing Market for New College Graduates
Phoenix topped the list due to a strong job market and a large percentage of rental listings on Zillow offering a concession. Continue Reading Zillow Names Phoenix as the Best Housing Market for New College Graduates
Pee-wee’s Real-Life Playhouse Listed for $5 Million
The zany comic actor acquired the property in 1985 for $415,000. Continue Reading Pee-wee’s Real-Life Playhouse Listed for $5 Million
Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
Insufficient credit was the most common reason given (43%) for the application rejection Continue Reading Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
Recent Posts
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