U.S. Housing Market
Report: Home Delistings Up 28% Year-Over-Year
Roughly one in five homes that were delisted over the summer were re-listed within three months. Continue Reading Report: Home Delistings Up 28% Year-Over-Year
Pending Home Sales Up by Nearly 2%
On a regional basis, month-over-month pending home sales were up in the Northeast, Midwest and South but declined in the West. Continue Reading Pending Home Sales Up by Nearly 2%
Refinancing Action Fuels 30% Surge in Mortgage Application Activity
The Refinance Index ascended by 58% from the previous week and was 70% higher than the same week one year ago. Continue Reading Refinancing Action Fuels 30% Surge in Mortgage Application Activity
Single-Family Housing Starts Down by 7%
Privately-owned housing starts in August were at a seasonally adjusted annual rate of 1.30 million, an 8.5% decline from the revised July estimate of 1.42 million. Continue Reading Single-Family Housing Starts Down by 7%
Congressional Real Estate Caucus Introduces Bill to Address Housing Affordability
“Homeownership is a vital part of achieving the American Dream,” said Rep. Mark Alford (R-MO), co-chairman of the Congressional Real Estate Caucus. Continue Reading Congressional Real Estate Caucus Introduces Bill to Address Housing Affordability
Sen. Fetterman: ‘Squatters Have No Rights’
“I am not woke,” said the Pennsylvania Democrat. Continue Reading Sen. Fetterman: ‘Squatters Have No Rights’
Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
“Some households appear to be moving past the hurdle of last year’s sharp jump in rates,” said Fannie Mae’s Doug Duncan. Continue Reading Fannie Mae: Homebuyers Are Adjusting to Higher Mortgage Rates
Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Murdoch first listed the penthouse in 2022 for $62 million. Continue Reading Rupert Murdoch Slashes Price on NYC Triplex Penthouse
Hits and Misses for the Real Estate Week of April 1-5
In the spotlight: A bizarre attack on a major mortgage company, an about-face by the Federal Reserve and a luxury retailer is coming to San Francisco. Continue Reading Hits and Misses for the Real Estate Week of April 1-5
Minneapolis Brokerage Opens First Office in Florida
“A number of our agents who winter in Florida or spend significant time there asked for this expansion,” said CEO Greg Mason. Continue Reading Minneapolis Brokerage Opens First Office in Florida
‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
“I’m on a mission to find out the story behind America’s strangest and most extraordinary homes,” said host Jack McBrayer. Continue Reading ‘Zillow Gone Wild’ to Have HGTV and Max Premiere on May 3
Survey: Half of Homeowners and Rents Struggle with Housing Payments
Among the respondents, the most common sacrifice (34.5%) was taking no or fewer vacations. Continue Reading Survey: Half of Homeowners and Rents Struggle with Housing Payments
Zillow: Half of 2023’s Homebuyers Were First-Timers
Last year’s figure represented the highest share in the report’s six-year history and is up from a low of 37% in 2021. Continue Reading Zillow: Half of 2023’s Homebuyers Were First-Timers
Tech Trends: A Quartet of Updated Offerings
This week’s offerings can help locate lost phone and screen for tenants with pets. Continue Reading Tech Trends: A Quartet of Updated Offerings
Mortgage Rates Still Hovering Near the 7% Level
“We do not expect rates will decrease meaningfully in the near-term,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Still Hovering Near the 7% Level
Recent Posts
A Phil Hall Op-Ed: How Does ChatGPT View Honesty Among Realtors?- Texas Gov. Abbott Proposes Tax Relief Plan
- Peachtree Group Taps Mike Morey as EVP for Capital Markets
- Activist Investor Withdraws Demand for Board Change at CoStar Group
- Interra Capital Group Acquires Houston’s Greenway Plaza Office Campus
