U.S. Housing Market
New Jersey Home Sales Slump While Prices Keep Rising
The median sale price on a single-family home increased by 4.4% to $590,000. Continue Reading New Jersey Home Sales Slump While Prices Keep Rising
$15 Million Allocated for Virginia Workforce Housing Investment Program
The new funding will be used to support middle-income housing development in 14 localities. Continue Reading $15 Million Allocated for Virginia Workforce Housing Investment Program
New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Pre-leasing is set to begin in fall 2026 with apartments ready for residents by late 2026. Continue Reading New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
“We expect that home sales will increase in 2026,” said Mike Fratantoni, MBA’s chief economist. Continue Reading Forecast: Single-Family Mortgage Origination to Reach $2.2 Trillion in 2026
Report: More Homes Selling at Discounted Prices
The typical home sold for 1.4% less than its final list price. Continue Reading Report: More Homes Selling at Discounted Prices
Zillow Debuts Tool to Assess Buyer Affordability Levels
Buyers can get started on the Home Loans tab on Zillow’s app. Continue Reading Zillow Debuts Tool to Assess Buyer Affordability Levels
Hits and Misses for the Real Estate Week of May 6-10
A hospital chain’s financial illness, an uncommonly generous charitable donation and Sweden ignoring Jerome Powell’s lead top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of May 6-10
Affordable Housing Complex for Artists Proposed in San Francisco
The complex would also feature a 99-seat black box theater and a ground-level cafe. Continue Reading Affordable Housing Complex for Artists Proposed in San Francisco
Mid-Atlantic Home Prices Continue to Soar
The median price in the metro Washington, D.C., market was $640,000, a new record. Continue Reading Mid-Atlantic Home Prices Continue to Soar
California Records Mild Improvement in Housing Affordability
A minimum annual income of $208,400 was needed to qualify for the purchase of a $814,280 statewide median-priced, existing single-family home. Continue Reading California Records Mild Improvement in Housing Affordability
Anywhere, Keller Williams and RE/MAX Receive Court OK on Settlement Agreements
The companies noted the settlements are not an admission of wrongdoing or liability. Continue Reading Anywhere, Keller Williams and RE/MAX Receive Court OK on Settlement Agreements
Mortgage Rates Down for First Time in Five Weeks
The 30-year fixed-rate mortgage averaged 7.09% as of May 9. Continue Reading Mortgage Rates Down for First Time in Five Weeks
Guest Opinion: Housing’s Fundamental Role in Economic Inclusion
Historic barriers to quality affordable housing are among the root causes of persistent economic disparities. Continue Reading Guest Opinion: Housing’s Fundamental Role in Economic Inclusion
ATTOM: Fewer Residences Were Equity Rich During Q1
The portion of mortgaged homes that were seriously underwater inched up to 2.7%. Continue Reading ATTOM: Fewer Residences Were Equity Rich During Q1
Median Monthly Housing Costs at New Record High
Redfin reported the median sale price reached $384,721, up 4.5% for a new record high. Continue Reading Median Monthly Housing Costs at New Record High
