U.S. Housing Market
Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
Looking ahead, rental stock growth is expected to be strongest in the Northeast (+1.1%) by the first quarter of 2027 Continue Reading Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
Mortgage Application Activity Up, Mortgage Credit Availability Down
The FHA share of total applications inched up to 17.9% from 17.7% the week prior. Continue Reading Mortgage Application Activity Up, Mortgage Credit Availability Down
Zillow Preview Listings to Be Available on Realtor.com
The collaboration does not require a special login by users or either platform, and no brokerage relationship is required for access. Continue Reading Zillow Preview Listings to Be Available on Realtor.com
New Home Sales Surged 7.4% in March
The median sales price of new houses sold in March was $387,400, 5.3% decline from the February price of $409,000. Continue Reading New Home Sales Surged 7.4% in March
Studio Home Launches National Franchise Platform
“Over the last 17 years, we’ve proven our panelized building system works in all 50 states,” said Mike Koenig, co-founder of Studio Home. Continue Reading Studio Home Launches National Franchise Platform
Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
Frontera Shores will offer a selection of two-, three-, and four-bedroom floor plans ranging from approximately 1,280 to 1,880 square feet. Continue Reading Wan Bridge Unveils Plans for Dallas-Area Rental Home Community
FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
“Thanks to President Trump’s landslide victory, we are replacing a disruptive and expensive Biden insurance mandate with commonsense policies for today’s market,” said FHFA Director Bill Pulte. Continue Reading FHFA Offers Home Insurance Rule Updates to ‘Fix Expensive, Stupid Biden-Era Requirements’
REMAX: Homes Sold Faster During February Amid Fewer New Listings
“With spring on the horizon, we started to see the market regain some momentum, particularly in how quickly homes are selling,” said Chris Lim, president of REMAX. Continue Reading REMAX: Homes Sold Faster During February Amid Fewer New Listings
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
The acquisition further expands Neighborhood Ventures’ portfolio of Phoenix-area multifamily properties. Continue Reading Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
Pending Home Sales Up in February
“The slight gain in pending contracts appears to be driven by improved affordability conditions,” said NAR’s Lawrence Yun. Continue Reading Pending Home Sales Up in February
HomeServices of America Teams with Zillow on ‘Coming Soon’ Pre-Market Listings
The program is available to HomeServices of America-owned companies and the Berkshire Hathaway HomeServices franchise network. Continue Reading HomeServices of America Teams with Zillow on ‘Coming Soon’ Pre-Market Listings
New Initiative Seeks to Abolish Property Taxes in South Dakota
“To me, this petition is all about freedom,” said Julie Frye-Mueller, a former state senator who is one of the leaders of this initiative. Continue Reading New Initiative Seeks to Abolish Property Taxes in South Dakota
Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Future residents will have access to a community swimming pool with a dedicated children’s pool area, an event lawn, fire pits, open green spaces, and a nature-themed playground. Continue Reading Trophy Signature Homes to Develop Dallas-Area Community Aimed at First-Time Homebuyers
Florida Home Sales Up While Prices Decline
The statewide level of single-family existing homes was at a 4.8-months’ supply while existing condo-townhouse properties were at a 9.3-months’ supply last month. Continue Reading Florida Home Sales Up While Prices Decline
