U.S. Housing Market
Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
There have been over 30% more sellers than buyers since April. Continue Reading Today’s Housing Market Has Nearly 37% More Sellers Than Buyers
Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge
The report also found 46% of sales volume was generated from repeat business and 44% from past client referrals. Continue Reading Report: Real Estate Firms Cite Housing Affordability as Their Greatest Challenge
Connecticut Estate Once Owned by Mike Tyson and 50 Cent Listed for $9.9 Million
The 17.6-acre property features a 51,000-square-foot home with 19 bedrooms. Continue Reading Connecticut Estate Once Owned by Mike Tyson and 50 Cent Listed for $9.9 Million
30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
The 15-year fixed-rate mortgage averaged 5.69%, unchanged from last week. Continue Reading 30-Year Fixed-Rate Mortgage Downticks to 10-Month Low
Pending Home Sales Down 0.4% in July
NAR added that its Realtors Confidence Index survey in July found 16% of its members expecting an increase in buyer traffic over the next three months. Continue Reading Pending Home Sales Down 0.4% in July
NYC Recorded Lopsided Housing Construction Filings in Q4 2023
There were only nine filings for buildings with 100 or more proposed units during this period. Continue Reading NYC Recorded Lopsided Housing Construction Filings in Q4 2023
The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
The 41-unit development offers a mix of one-, two- and three-bedroom apartments. Continue Reading The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
Hits and Misses for the Real Estate Week of Feb. 5-9
This week’s Hits and Misses include an XXL-large listing price, Janet Yellen’s not-calming words and an unlikely exodus of Gen Zers into California. Continue Reading Hits and Misses for the Real Estate Week of Feb. 5-9
NAR: ‘Cooperative Compensation is Good for Consumers’
NAR Graham Wood said the organization “believes this outcome was unsupported and was largely driven by legally erroneous rulings by the judge.” Continue Reading NAR: ‘Cooperative Compensation is Good for Consumers’
Redfin: Asking Rents Flattened in January
Redfin Chief Economist Daryl Fairweather expected apartment completions to peak this year. Continue Reading Redfin: Asking Rents Flattened in January
Why Are So Many Gen Zers Moving to California?
Nearly 215,000 movers left California in 2022, but the state also recorded a net positive gain of nearly 44,000 Gen Z adults. Continue Reading Why Are So Many Gen Zers Moving to California?
Affordable Homeownership in California Remains at Historic Low
A minimum annual income of $222,800 was needed to make monthly payments of $5,570. Continue Reading Affordable Homeownership in California Remains at Historic Low
Mortgage Credit Availability Inched Up in January
“Overall credit availability remained close to 2012 lows,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up in January
Mortgage Rates Remain Stagnant
The 30-year fixed-rate mortgage averaged 6.64%, recording a scant uptick from last week when it averaged 6.63% Continue Reading Mortgage Rates Remain Stagnant
86% of Metro Areas Posted Home Price Gains in Q4 2023
The national median single-family existing home price was up by 3.5% from a year ago to $391,700. Continue Reading 86% of Metro Areas Posted Home Price Gains in Q4 2023
