U.S. Housing Market
Mortgage Rates Rise for Third Straight Week
The 30-year fixed rate mortgage averaged 6.58% as of July 23, up from last week when it averaged 6.55%. Continue Reading Mortgage Rates Rise for Third Straight Week
Harvard Forecast Points to Slowing in Remodeling Market
The Harvard forecast is at odds with the National Association of Home Builders’ Remodeling Market Index report. Continue Reading Harvard Forecast Points to Slowing in Remodeling Market
Mortgage Rates Ratchet Higher
The 30-year fixed-rate mortgage averaged 6.55% as of July 16. Continue Reading Mortgage Rates Ratchet Higher
Pending Home Sales Evaporated in June
Month-over-month pending home sales declined in all four major regions. Continue Reading Pending Home Sales Evaporated in June
Builders Remain Pessimistic Over Single-Family Home Market
“Many potential buyers remain on the sidelines as they wait for lower mortgage rates, more certainty on inflation and a clearer economic outlook,” said NAHB Chairman Bill Owens. Continue Reading Builders Remain Pessimistic Over Single-Family Home Market
Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold
The housing bill is one of several contentious pieces of legislation being left unresolved by the Senate. Continue Reading Senate Adjourns for Recess, Leaving Fate of Housing Bill on Hold
Property Tax Measure Added to North Carolina’s November Ballot
All 30 Republicans in the Senate plus a single Democrat voted in favor of the resolution. Continue Reading Property Tax Measure Added to North Carolina’s November Ballot
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Median home sale prices have jumped nearly 19% since the start of the year. Continue Reading Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Mortgage Rates Rise to 9-Month High
The 30-year fixed-rate mortgage averaged 6.51% as of May 21. Continue Reading Mortgage Rates Rise to 9-Month High
Zombie Foreclosure Rate Increased During Q2
Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
New Report Tracks Slowing in Home Sale Agreement Cancelations
April’s cancelation rate tied with January for the lowest level of contract cancellations since September 2024. Continue Reading New Report Tracks Slowing in Home Sale Agreement Cancelations
Housing Starts Dropped During April
The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April
Southern Land Company Launches In-House Mortgage Division
SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home communities. Continue Reading Southern Land Company Launches In-House Mortgage Division
KB Home Expands into Atlanta Market
Bill Schmidt, who joined the company in 2025 as division president, will lead KB Home’s operations throughout the region. Continue Reading KB Home Expands into Atlanta Market
New York State’s Housing Inventory Expands, But Sales Remain Down
Median sales prices enjoyed a 2.4% uptick from $420,000 in April 2025 to $430,000 last month. Continue Reading New York State’s Housing Inventory Expands, But Sales Remain Down
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 3-7- NYC Homeowners Sue to Delay Mamdani’s Pied-à-Terre Tax Rollout
- Historic Maine Home Available for $1, Albeit with a Catch
- Arkansas Man Sentenced for Trying to Sell Property He Didn’t Own
- Sen. Elizabeth Warren Questions Compass and MRED Over Private Listings Plan…
