U.S. Housing Market
Home Values Decline for Sixth Consecutive Month
The monthly mortgage payment on a typical home is now $1,733, which 8.4% less expensive than one year ago. Continue Reading Home Values Decline for Sixth Consecutive Month
Champion Homes Opens 67-Unit Affordable Community in Fresno
“The ability to use manufactured housing for scale and speed-to-market has a real impact,” said Champion Homes’ Chuck Bleth. Continue Reading Champion Homes Opens 67-Unit Affordable Community in Fresno
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Lenders repossessed 3,872 properties through completed foreclosures last month, up 32% from October 2024. Continue Reading Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
“Many of our nation’s heroes struggle to find housing options that fit both their needs and budgets,” said Waldon Fenster, a representative of Wolf Valley Homes. Continue Reading Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
“Our biggest investment, for most of us in life, is our home,” said State Sen. Robert Singer. Continue Reading New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
HUD Offers New Initiatives for Manufactured Housing
The $225 million competitive grant program will provide resources to support residents of manufactured housing through repairs and rehabilitation. Continue Reading HUD Offers New Initiatives for Manufactured Housing
Mortgage Rates Up for Fourth Straight Week
“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Up for Fourth Straight Week
Pending Home Sales, Buyer Affordability Down in January
The national median payment applied for by purchase applicants increased to $2,134 from $2,055 in December. Continue Reading Pending Home Sales, Buyer Affordability Down in January
Home Mortgage Lending Activity Sank During Q4 2023
The fourth quarter total was also a 16.5% decline from the same period in 2022. Continue Reading Home Mortgage Lending Activity Sank During Q4 2023
Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
The monthly mortgage payment on a typical home has nearly doubled since January 2020. Continue Reading Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
US Housing Market Gained $2 Trillion in Value in 2023
The total value of homes in urban areas rose 3.6% year over year to $10.1 trillion in December. Continue Reading US Housing Market Gained $2 Trillion in Value in 2023
Mortgage Application Activity Down By 5.6%
U.S. home prices were up 6.5% year-over-year during the fourth quarter of 2023. Continue Reading Mortgage Application Activity Down By 5.6%
Wanted: 7.2 Million Homes to Fill Housing Market Void
Realtor.com’s Danielle Hale warned of a “long-term housing shortage with the construction of new homes failing to keep pace with a growing population.” Continue Reading Wanted: 7.2 Million Homes to Fill Housing Market Void
Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
The project will include retail, lodging and a master-planned community. Continue Reading Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
Case-Shiller: Home Prices Ended 2023 on the Rise
San Diego reported the highest year-over-year gain among the 20 cities with an 8.8% increase in December. Continue Reading Case-Shiller: Home Prices Ended 2023 on the Rise
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