U.S. Housing Market
Mortgage Application Activity Down While Home Prices Continue to Rise
The national median single-family existing-home price rose 0.5% year-over-year to $404,300 in the first quarter. Continue Reading Mortgage Application Activity Down While Home Prices Continue to Rise
Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Currently, only disabled veterans who were prisoners of war qualify for property tax exemption in Missouri. Continue Reading Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Nearly 14% of Home Sales Canceled During January
Homebuyers need to earn $111,000 per year to afford the typical home, about $25,000 more than the median household income. Continue Reading Nearly 14% of Home Sales Canceled During January
Virginia Home Sales Up as Prices Remain Flat
The statewide median sales price $397,790 dipped by a scant 0.3% from the $399,000 price in January 2025. Continue Reading Virginia Home Sales Up as Prices Remain Flat
Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb
Construction is scheduled for completion in May 2027. Continue Reading Wood Partners Breaks Ground on 204-Unit Multifamily Community in Houston Suburb
Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
22% have a rate below 3%. Continue Reading Report: 6 of 7 People with Mortgages Have Interest Rates Below 6%
S&P CoreLogic Case-Shiller Index Hits All-Time High
The FHFA reported second quarter house prices were up 5.7% year-over-year. Continue Reading S&P CoreLogic Case-Shiller Index Hits All-Time High
Lennar Opens New Master-Planned Community in Texas
Pricing begins in the mid $200,000s. Continue Reading Lennar Opens New Master-Planned Community in Texas
California Poised to Open Mortgage Assistance Program to Illegal Immigrants
Gov. Gavin Newsom has not publicly stated if he would sign the bill into law. Continue Reading California Poised to Open Mortgage Assistance Program to Illegal Immigrants
Hits and Misses for the Real Estate Week of Aug. 19-23
A new NAR leader, a jaw-dropping data revision and more Britons buying homes are part of the week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of Aug. 19-23
Maine Home Sales Rise by Nearly 11%
The $399,250 median sales price in July was a 5.07% uptick from the $380,000 in July 2023. Continue Reading Maine Home Sales Rise by Nearly 11%
New Home Sales Up, But Questions on Federal Data Arise
The median sales price of new houses sold in July was $429,800 while the average sales price was $514,800. Continue Reading New Home Sales Up, But Questions on Federal Data Arise
Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop
Single-family existing homes were at a 4.6-months’ supply in July while condo-townhouse properties were at a 7.4-months’ supply. Continue Reading Florida’s Single-Family Home Sales Up While Condo-Townhome Sales Drop
New York State Home Sales Rise Despite Smaller Inventory
The median sales price of homes rose 8.7% year-over-year to $435,000. Continue Reading New York State Home Sales Rise Despite Smaller Inventory
Monthly Mortgage Payments Record First Annual Decline in 4 Years
Redfin said monthly payments dipped 0.1% dip from one year ago. Continue Reading Monthly Mortgage Payments Record First Annual Decline in 4 Years
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