U.S. Housing Market
Homeownership Affordability Near 4-Year High, But Can it Last?
“Affordability began 2026 on its strongest footing since August 2022,” said First American Chief Economist Mark Fleming. Continue Reading Homeownership Affordability Near 4-Year High, But Can it Last?
More Than Half of Homes for Sale on the Market for At Least 60 Days
In Miami, nearly two-thirds (62.6%) of home listings are stale, the biggest share of all the major metros. Continue Reading More Than Half of Homes for Sale on the Market for At Least 60 Days
HUD Directs Public Housing Authorities to Verify Citizenship of Tenants
HUD added that it planned recapture funding for payments made on behalf of ineligible and deceased tenants. Continue Reading HUD Directs Public Housing Authorities to Verify Citizenship of Tenants
Alabama Homes Sales Record Uptick Amid Expanded Active Listings
The median sales price increased by $33,726 compared to a year ago to $245,615, a 15.9% spike. Continue Reading Alabama Homes Sales Record Uptick Amid Expanded Active Listings
Hits and Misses for the Real Estate Week of Jan. 19-23
The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s new mayor has a plumbing update. Continue Reading Hits and Misses for the Real Estate Week of Jan. 19-23
Single-Family Housing Starts Down in June
Single-family housing completions in June were at a rate of 1.03 million, which is 1.8% above the revised May rate of 1.01 million. Continue Reading Single-Family Housing Starts Down in June
Mortgage Application Activity in 4% Upswing
The FHA share of total applications increased to 13.5% while the VA share increased to 15.2%. Continue Reading Mortgage Application Activity in 4% Upswing
A Phil Hall Op-Ed: Who Wants to Live in a Post Office?
Why did the USPS wait until now to realize that it had “certain surplus properties” that is could have jettisoned? Continue Reading A Phil Hall Op-Ed: Who Wants to Live in a Post Office?
Builder Confidence Drops to 7-Month Low
NAHB Chief Economist Robert Dietz predicted “Fed rate reductions to begin at the end of this year.” Continue Reading Builder Confidence Drops to 7-Month Low
Real Estate Leaders Push Back at Biden’s Rent Control Proposals
MBA’s Bob Broeksmit slammed Biden’s “politically motivated and self-defeating” proposals. Continue Reading Real Estate Leaders Push Back at Biden’s Rent Control Proposals
The Best and Worst Cities for First-Time Homebuyers Are…
Eight of the 10 worst cities for first-time homebuyers were in California. Continue Reading The Best and Worst Cities for First-Time Homebuyers Are…
Zillow: Price Cuts on One-in-Four Listings in June
Nearly one-quarter of listings (24.5%) received a price cut during June, according to new data from Zillow (NASDAQ:Z, ZG). Last month’s share marked the highest rate at this time of year since Zillow began tracking this data in 2018. Zillow also noted that home value...
Report: Swing State Homebuyers Paying 92% More on Housing Payments Since 2020
The median home-sale price in swing states has increased nearly 40% since 2020. Continue Reading Report: Swing State Homebuyers Paying 92% More on Housing Payments Since 2020
FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
FHLBank Chicago has already committed more than $110 million in community investment support in 2024. Continue Reading FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing
Century Communities Revives Online Homebuying Sales Event
Among the benefits of the event are discounts of up to 25% off rates with competitive financing and rate lock programs. Continue Reading Century Communities Revives Online Homebuying Sales Event
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