U.S. Housing Market
CoStar Group Adds AI Component to Apartments.com
The new offering follows CoStar Group’s recently introduced Homes Ai, an interactive conversational search experience designed for homebuyers. Continue Reading CoStar Group Adds AI Component to Apartments.com
Florida’s Closed and Pending Home Sales Increased in May
May marked the ninth month in a row that closed sales rose year-over-year in both property categories. Continue Reading Florida’s Closed and Pending Home Sales Increased in May
Home Equity Withdrawals Reached Highest Q1 Level in 5 Years
Average second-lien HELOC rates fell to 6.6% in March, their most attractive level since late 2022. Continue Reading Home Equity Withdrawals Reached Highest Q1 Level in 5 Years
Ohio Initiative to Abolish Property Taxes Falls Short in Gathering Signatures for Ballot Referendum
The group will continue collecting signatures and refocus their efforts for a place on the November 2027 ballot. Continue Reading Ohio Initiative to Abolish Property Taxes Falls Short in Gathering Signatures for Ballot Referendum
Darren Macri Named Board President of Passive House Network
Macri is co-CEO of Wythe Windows, a Ramsey, New Jersey-based manufacturer of high-performance tilt-turn windows and doors. Continue Reading Darren Macri Named Board President of Passive House Network
Florida Home Sales Continue to Rise
The statewide median sales price for single-family existing homes in March was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Continue to Rise
Survey: More Homeowners Choose to Renovate Instead of Relocate
The most popular upgrade was painting (47%), followed by bathroom (43%) and kitchen (40%) improvements Continue Reading Survey: More Homeowners Choose to Renovate Instead of Relocate
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
“A person moving into the typical rental spends less each month than someone buying a starter home today,” said Danielle Hale, chief economist at Realtor.com. Continue Reading Report: Renting a Home Is More Affordable Than Homeownership in All 50 Major Metros
Mortgage Rates Decline for Second Straight Week
“Mortgage rates declined this week to a four-week low of 6.30%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Decline for Second Straight Week
Q1 Foreclosure Filings Up 26% From Last Year
One in every 1,211 housing units had a foreclosure filing during the first quarter. Continue Reading Q1 Foreclosure Filings Up 26% From Last Year
Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
Seven of March’s 10 most expensive home sales were in coastal Florida. Continue Reading Mark Zuckerberg’s $170 Million Mansion Deal Tops List of Most Expensive Home Sales in March
The City with the Most Affordable Rent Is…
Miami ranked last among the more than 180 cites analyzed in the new WalletHub study. Continue Reading The City with the Most Affordable Rent Is…
Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
The pooling and securitization of loans for more than 128,000 American households, including over 49,000 first-time homebuyers. Continue Reading Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
Builder Confidence at 7-Month Low
“Builder sentiment has fallen back in spring as buyers face ongoing elevated interest rates and growing economic uncertainty,” said NAHB Chairman Bill Owens Continue Reading Builder Confidence at 7-Month Low
Percentage of First-Time Homebuyers Falls to All-Time Low
35% of Gen Z buyers were single females, the highest share among all generations. Continue Reading Percentage of First-Time Homebuyers Falls to All-Time Low
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