U.S. Housing Market
Foreclosure Activity Rises Annually for Eleventh Straight Month
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. Continue Reading Foreclosure Activity Rises Annually for Eleventh Straight Month
New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
The bill has been referred to the House Committee on Ways and Means for consideration. Continue Reading New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Guest Opinion: How Can We Improve the State of Affordable Housing?
In 1960, the typical home was worth about 1.7 times the median family’s income. By 2022, that ratio had risen to well over three. Continue Reading Guest Opinion: How Can We Improve the State of Affordable Housing?
Tennessee Builder Teams with Internet Provider to Create 3,100 Wi-Fi-Ready Homes
The Wi-Fi-ready homes are being constructed as part of 11 separate developments in the Middle Tennessee area. Continue Reading Tennessee Builder Teams with Internet Provider to Create 3,100 Wi-Fi-Ready Homes
Mortgage Application Activity is Down Again
“Elevated mortgage rates continued to weigh down on homebuying,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity is Down Again
Person of the Week: David Druey, Florida Regional President at Centennial Bank
Our Person of the Week spotlight is focused on the Sunshine State as we discuss Florida's housing market with David Druey, the Florida regional president at Centennial Bank. How would you describe today’s housing market in Florida? For the state as a whole, we still...
Howard Hughes Holdings Contracts Four Homebuilders for Arizona Planned Community
Howard Hughes Holdings Inc. (NYSE: HHH) announced the first four homebuilders for the launch of Teravalis, the company’s new 37,000-acre community in Arizona’s Phoenix West Valley. Brightland Homes, Courtland Communities, KB Home and Lennar will build the initial...
NAR Report Affirms Millennials and Baby Boomers Dominate the Housing Market
Buyers of previously owned homes made up an 87% share of the market, compared to the 13% buying new homes. Continue Reading NAR Report Affirms Millennials and Baby Boomers Dominate the Housing Market
Rep. Adam Schiff Offers Bill to Convert Government Buildings into Affordable Housing
The bill was praised by National Association of Realtors President Kevin Sears. Continue Reading Rep. Adam Schiff Offers Bill to Convert Government Buildings into Affordable Housing
Second Round of California Dream for All Loan Program to Roll Out
The program was conceived to help bridge California’s racial gap in homeownership. Continue Reading Second Round of California Dream for All Loan Program to Roll Out
White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’
“My understanding is that this is obviously a local issue,” said Press Secretary Karine Jean-Pierre. Continue Reading White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’
Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home
The majority of boomers (54%) own homes with no mortgage. Continue Reading Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home
