U.S. Housing Market
New Reports Find 2025 Ended with Slowing Home Price Acceleration
“National home prices grew just 1.3% for the year — the weakest full-year gain since 2011” said Nicholas Godec at S&P Dow Jones Indices. Continue Reading New Reports Find 2025 Ended with Slowing Home Price Acceleration
Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes
“Today Democrats are introducing legislation to stop Wall Street from snapping up homes in bulk and jacking up rent for families,” said Sen. Elizabeth Warren. Continue Reading Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes
WWE’s Former HQ Approved for Conversion into Apartment Complex
The four-story building, nicknamed “Titan Towers,” was constructed in 1981 on a parcel just off I-95. Continue Reading WWE’s Former HQ Approved for Conversion into Apartment Complex
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
The project encompasses a quartet of four-story buildings featuring a mix of one-, two- and three-bedroom apartment layouts. Continue Reading Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
Mortgage Application Activity Down by Nearly 4%
The FHA share of total applications decreased to 19.5% from 20.2% the week prior. Continue Reading Mortgage Application Activity Down by Nearly 4%
Knock.com in New Partnership with NFM Lending
The Knock Bridge Loan can be used to make a down payment on a new home, pay down debt, cover repairs and moving costs. Continue Reading Knock.com in New Partnership with NFM Lending
Mortgage Rates Down for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.87% as of June 20. Continue Reading Mortgage Rates Down for Third Straight Week
Pennsylvania’s Median Home Sales Price at $295K
The number of listings on the market totaled 37,463 in May, up about 5% from the previous month. Continue Reading Pennsylvania’s Median Home Sales Price at $295K
Zillow: Americans Need to Put More Than $127K Down for Typical House
“Down payments have always been important, but even more so today,” said Skylar Olsen, chief economist at Zillow. Continue Reading Zillow: Americans Need to Put More Than $127K Down for Typical House
Mortgage Application Activity on the Rise
“Purchase volume is still more than 10% behind last year’s pace,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Continue Reading Mortgage Application Activity on the Rise
Home Flipping Activity Enjoys Q1 Upswing
Roughly two-thirds of homes flipped in the first quarter were purchased by investors with cash. Continue Reading Home Flipping Activity Enjoys Q1 Upswing
Housing Starts Slumped in May
Single‐family authorizations in May were down 2.9% from the revised April figure of 977,000. Continue Reading Housing Starts Slumped in May
Builder Confidence Drops to 6-Month Low
“Persistently high mortgage rates are keeping many prospective buyers on the sidelines,” said NAHB Chairman Carl Harris. Continue Reading Builder Confidence Drops to 6-Month Low
CFPB Issues Bans to Reverse Mortgage Servicers
The CFPB issued permanent bans against Sutherland Global, Sutherland Government Solutions and NOVAD Management Consulting Continue Reading CFPB Issues Bans to Reverse Mortgage Servicers
California’s Median Home Price Sets New Record High
The statewide unsold inventory index 2.6 months in May, unchanged from April and up from 2.1 months in May 2023. Continue Reading California’s Median Home Price Sets New Record High
