U.S. Housing Market
Survey: More Homeowners Choose to Renovate Instead of Relocate
The most popular upgrade was painting (47%), followed by bathroom (43%) and kitchen (40%) improvements Continue Reading Survey: More Homeowners Choose to Renovate Instead of Relocate
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
“A person moving into the typical rental spends less each month than someone buying a starter home today,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
HUD Launches Investigation of Muslim-Only Community Proposed in Texas
Texas Governor Greg Abbott issued a statement supporting HUD’s investigation. Continue Reading HUD Launches Investigation of Muslim-Only Community Proposed in Texas
Vermont Credit Union Debuts Islamic Home Financing Program
NorthCountry Federal Credit Union serves 75,000 accountholders primarily throughout Vermont, New York and New Hampshire. Continue Reading Vermont Credit Union Debuts Islamic Home Financing Program
Hits and Misses for the Real Estate Week of Feb. 9-13
A Capitol Hill conundrum on affordable homeownership, another state wants the Chicago Bears, and a historic theater reopens for business. Continue Reading Hits and Misses for the Real Estate Week of Feb. 9-13
New York State Median Home Prices Up for 13th Straight Month
New listings in September totaled 12,957, up 2.7% from 12,618 one year earlier. Continue Reading New York State Median Home Prices Up for 13th Straight Month
Connecticut Home Sales Drop in Q3 as Prices Rise
The median sale price for the third quarter was $417,500, up 9.1% from one year before. Continue Reading Connecticut Home Sales Drop in Q3 as Prices Rise
Existing Home Sales Down by 1% in September
First-time buyers were responsible for 26% of sales in September, matching the all-time low from August 2024 and November 2021. Continue Reading Existing Home Sales Down by 1% in September
Mortgage Applications Down, Forbearance Levels Up
The total number of loans now in forbearance increased to 0.34% as of Sept. 30. Continue Reading Mortgage Applications Down, Forbearance Levels Up
Pennsylvania Home Sales Down Despite Growing Inventory
A total of 9,538 home sales were recorded, down 6.5% compared to September 2023. Continue Reading Pennsylvania Home Sales Down Despite Growing Inventory
Texas Median Home Sale Prices Hold Steady During Q3
Active listings increased by 30.4% statewide over the same period last year. Continue Reading Texas Median Home Sale Prices Hold Steady During Q3
Arizona Blocks Wildcat Development in Water-Challenged Community
Morning Vista Homes LLC, 2PHDS LLC and Andrei Polukhtin were accused of selling parcels without obtaining a public report. Continue Reading Arizona Blocks Wildcat Development in Water-Challenged Community
Report: 3 in 5 Gen Zers are Rent Burdened
Zillow noted that while 58.6% of today’s Gen Zers are rent burdened. Continue Reading Report: 3 in 5 Gen Zers are Rent Burdened
Alabama Home Sales and Median Sales Price Down in September
The 435 foreclosures in September represented a 1.4% drop from the previous month and a 6% decrease from the previous year. Continue Reading Alabama Home Sales and Median Sales Price Down in September
Lake Michigan Credit Union Unveils Down Payment Assistance Program
The program has been initially funded with $1 million for its launch. Continue Reading Lake Michigan Credit Union Unveils Down Payment Assistance Program
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