U.S. Housing Market
Lennar Debuts New Central Oregon Community
Pricing starts in the high $300,000s. Continue Reading Lennar Debuts New Central Oregon Community
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Mortgage Application Activity Remains Flat as Credit Availability Increases
The FHA share of total applications increased to 18.4% from 17.8% the week prior. Continue Reading Mortgage Application Activity Remains Flat as Credit Availability Increases
A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
The Lamont plan involves giving Connecticut residents one-time tax rebates of either $200 or $400, depending on their filing status and income levels. Continue Reading A Phil Hall Op-Ed: Connecticut’s Noblesse Oblige Approach to Unaffordable Housing
Conner Homes Debuts Seattle-Area Luxury Home Community
Home prices at Richards Ridge start at $2.39 million and are ready for immediate occupancy. Continue Reading Conner Homes Debuts Seattle-Area Luxury Home Community
Toll Brothers Opens Dallas Multifamily Community
The community was constructed to meet LEED Gold certification standards. Continue Reading Toll Brothers Opens Dallas Multifamily Community
Biden-Trump Debate Barely Acknowledges Housing Issues
“We’re going to make sure we build 2 million new units,” said Biden. Continue Reading Biden-Trump Debate Barely Acknowledges Housing Issues
A Typical Black Household Can Only Afford Starter Homes in 10 Major Metros
The typical Detroit starter home costs just $66,000 and comes with a median monthly payment of $579. Continue Reading A Typical Black Household Can Only Afford Starter Homes in 10 Major Metros
Pending Home Sales Down in May
“The market is at an interesting point with rising inventory and lower demand,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Down in May
Mortgage Rates Moves Further from the 7% Mark
The 30-year fixed-rate mortgage averaged 6.86% as of June 27. Continue Reading Mortgage Rates Moves Further from the 7% Mark
Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
Eight in 10 middle-income households said they were current on their bills. Continue Reading Survey: Half of Middle-Income Americans Feel Homeownership is Not Required for Financial Prosperity
New Single-Family Home Sales at Lowest Pace in 7 Months
The median sales price of new houses sold in May 2024 was $417,400. Continue Reading New Single-Family Home Sales at Lowest Pace in 7 Months
Can Minimum Wage Earners Afford to Buy a Home?
Minimum wage earners in Utah have the longest haul to homeownership. Continue Reading Can Minimum Wage Earners Afford to Buy a Home?
Mortgage Application Activity Inches Up
The total number of home loans now in forbearance declined slightly to 0.21% as of May 31. Continue Reading Mortgage Application Activity Inches Up
Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
The acquisition encompasses more than 5,200 apartment units in newly built mid- and high-rise complexes Continue Reading Private Equity Firm KKR Acquires 18 Multifamily Properties for $2.1 Billion
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