U.S. Housing Market
California Median Home Price Sets New Record
Overall sales remained below the 300,000 mark for the 43rd consecutive month. Continue Reading California Median Home Price Sets New Record
A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
The recent articles seek to criticize an entire industry based on isolated incidents with four companies. Continue Reading A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
The acquisition further expands Neighborhood Ventures’ portfolio of Phoenix-area multifamily properties. Continue Reading Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
Pending Home Sales Up in February
“The slight gain in pending contracts appears to be driven by improved affordability conditions,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Up in February
Home Sales Rise in Wisconsin Amid Wider Inventory
The state’s median price rose 10.7% to $310,000. Continue Reading Home Sales Rise in Wisconsin Amid Wider Inventory
Alabama Home Sales and Prices Down in October
The median sales price decreased by 2.1% from $224,812 in September to $220,196 in October. Continue Reading Alabama Home Sales and Prices Down in October
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
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