U.S. Housing Market
New Data Points to Deceleration in Home Prices
Chicago, New York and Boston reported the highest year-over-year gains with year-over-year price increases of 5.5%, 5.2% and 4.1%, respectively. Continue Reading New Data Points to Deceleration in Home Prices
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
The average loan size for new homes increased from $372,745 in July to $374,288 in August. Continue Reading Mortgage Applications for New Home Purchases Inch Up by 1% from Last Year
Builder Confidence Holds Steady
“NAHB expects the Fed to cut the federal funds rate at their meeting this week, which will help lower interest rates for builder and developer loans,” said Chief Economist Robert Dietz. Continue Reading Builder Confidence Holds Steady
FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Grant applications are now being accepted through Oct. 3. Continue Reading FHLBank Atlanta Announces $11.7 Million in Grants for Affordable Multifamily Rental Housing Development
Case-Shiller and FHFA Data Points to Still-Rising Home Prices
San Diego reported the highest year-over-year gain among the 20 cities with an 11.2% increase in January. Continue Reading Case-Shiller and FHFA Data Points to Still-Rising Home Prices
Riviera Pines, a New Residential Community, Coming to Houston Market
Phase 1 of Riviera Pines is targeted for delivery in the second quarter of 2025. Continue Reading Riviera Pines, a New Residential Community, Coming to Houston Market
A Phil Hall Op-Ed: The Media’s Attacks on Realtors
Editor Phil Hall considers several mainstream media outlets with a peculiar view of how real estate professionals make a living. Continue Reading A Phil Hall Op-Ed: The Media’s Attacks on Realtors
Alosant Debuts Platform to Connect Builders with Homebuyers
According to the company, the new offering will present “a curated, engaging and streamlined passage to homeownership.” Continue Reading Alosant Debuts Platform to Connect Builders with Homebuyers
Koya to Roll Out FSBO Platform for Homebuyers and Sellers
Koya will launch in beta starting in California. Continue Reading Koya to Roll Out FSBO Platform for Homebuyers and Sellers
Citizens Trust Bank Unveils Down Payment Assistance Grant Program
Eligible borrowers can receive a maximum of $2,000 grant contribution at the residential mortgage loan closing. Continue Reading Citizens Trust Bank Unveils Down Payment Assistance Grant Program
New Home Sales Inched Down in February
The median sales price of new houses sold in February was $400,500. Continue Reading New Home Sales Inched Down in February
More Listings, Higher Prices in Florida’s Housing Market
The statewide inventory was up year-over-year by 36.5% for existing single-family homes and up 73.3% for condo-townhouse units. Continue Reading More Listings, Higher Prices in Florida’s Housing Market
Hits and Misses for the Real Estate Week of March 18-22
Attacks on realtors by the Wall Street Journal and President Biden plus some unusual HUD endeavors top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 18-22
State Farm to Drop 72,000 Property Insurance Policies in California
The California Department of Insurance reacted to the news by raising concern about State Farm’s financial health. Continue Reading State Farm to Drop 72,000 Property Insurance Policies in California
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