U.S. Housing Market
Wisconsin Home Sales Down Amid Drop in New Listings
The statewide median home price of $315,000 was 7.9% above the $292,000 price from January 2025. Continue Reading Wisconsin Home Sales Down Amid Drop in New Listings
HUD Proposes Rule to Force Noncitizens Out of Public Housing
“HUD’s proposed rule will guarantee that all residents in HUD-funded housing are eligible tenants,” said Secretary Scott Turner. Continue Reading HUD Proposes Rule to Force Noncitizens Out of Public Housing
Boston City Council Votes to Raise Residential Property Taxes by 13%
Councilor Ed Flynn, a critic of Mayor Michelle Wu, argued the city needs to crack down on its spending. Continue Reading Boston City Council Votes to Raise Residential Property Taxes by 13%
Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mortgage Application Payments Increased 2.5%
The national median mortgage payment for conventional loan applicants was $2,271. Continue Reading Mortgage Application Payments Increased 2.5%
CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
CFPB Director Rohit Chopra opined, “Junk fees and excessive closing costs can drain down payments and push up monthly mortgage costs.” Continue Reading CFPB Launches Public Inquiry into Mortgage Closing ‘Junk Fees’
GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
The lawmakers said the proposal would turn Freddie Mac “into a massive consumer loan guarantor.” Continue Reading GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages
Mortgage Rates Back Above 7%
A year ago at this time, the 30-year fixed-rate mortgage averaged 6.79%. Continue Reading Mortgage Rates Back Above 7%
Pending Home Sales Slumped in April
All four regions registered month-over-month and year-over-year decreases. Continue Reading Pending Home Sales Slumped in April
Redfin: More Home Sellers Cutting Their Asking Prices
The median asking price was slashed by roughly $3,000 to $416,623 in the last week. Continue Reading Redfin: More Home Sellers Cutting Their Asking Prices
Fewer Zombie Foreclosures in Q2 Housing Market
A total of 6,945 residential properties facing possible foreclosure have been vacated by their owners nationwide in the second quarter. Continue Reading Fewer Zombie Foreclosures in Q2 Housing Market
Zillow Names Phoenix as the Best Housing Market for New College Graduates
Phoenix topped the list due to a strong job market and a large percentage of rental listings on Zillow offering a concession. Continue Reading Zillow Names Phoenix as the Best Housing Market for New College Graduates
Pee-wee’s Real-Life Playhouse Listed for $5 Million
The zany comic actor acquired the property in 1985 for $415,000. Continue Reading Pee-wee’s Real-Life Playhouse Listed for $5 Million
Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
Insufficient credit was the most common reason given (43%) for the application rejection Continue Reading Report: Nearly One-Quarter of Black Mortgage Applicants are Rejected
