U.S. Housing Market
Single-Family Housing Starts Down in January
“The single-family market has slowed as builders continue to deal with elevated construction costs while affordability conditions are a cause of concern for many potential home buyers,” said NAHB’s Bill Owens, Continue Reading Single-Family Housing Starts Down in January
Mortgage Rates Start Rising Again
The 30-year fixed-rate mortgage averaged 6.11% as of March 12, up from last week when it averaged 6.00%. Continue Reading Mortgage Rates Start Rising Again
Florida Home Sales Up While Prices Decline
The statewide median sales price for single-family existing homes in November was $410,000, down by a mild 0.2% compared to one year before. Continue Reading Florida Home Sales Up While Prices Decline
New York State Home Sales Decline as Prices Keep Rising
The median sales price increased 5.0%, rising from $400,000 in November 2024 to $420,000 last month. Continue Reading New York State Home Sales Decline as Prices Keep Rising
Existing Home Sales Inched Up 0.5% in November
The median existing home price in November was $409,200 for all housing types, up 1.2% from one year ago ($404,400). Continue Reading Existing Home Sales Inched Up 0.5% in November
Case-Shiller and FHFA Data Points to Still-Rising Home Prices
San Diego reported the highest year-over-year gain among the 20 cities with an 11.2% increase in January. Continue Reading Case-Shiller and FHFA Data Points to Still-Rising Home Prices
Riviera Pines, a New Residential Community, Coming to Houston Market
Phase 1 of Riviera Pines is targeted for delivery in the second quarter of 2025. Continue Reading Riviera Pines, a New Residential Community, Coming to Houston Market
A Phil Hall Op-Ed: The Media’s Attacks on Realtors
Editor Phil Hall considers several mainstream media outlets with a peculiar view of how real estate professionals make a living. Continue Reading A Phil Hall Op-Ed: The Media’s Attacks on Realtors
Alosant Debuts Platform to Connect Builders with Homebuyers
According to the company, the new offering will present “a curated, engaging and streamlined passage to homeownership.” Continue Reading Alosant Debuts Platform to Connect Builders with Homebuyers
Koya to Roll Out FSBO Platform for Homebuyers and Sellers
Koya will launch in beta starting in California. Continue Reading Koya to Roll Out FSBO Platform for Homebuyers and Sellers
Citizens Trust Bank Unveils Down Payment Assistance Grant Program
Eligible borrowers can receive a maximum of $2,000 grant contribution at the residential mortgage loan closing. Continue Reading Citizens Trust Bank Unveils Down Payment Assistance Grant Program
New Home Sales Inched Down in February
The median sales price of new houses sold in February was $400,500. Continue Reading New Home Sales Inched Down in February
More Listings, Higher Prices in Florida’s Housing Market
The statewide inventory was up year-over-year by 36.5% for existing single-family homes and up 73.3% for condo-townhouse units. Continue Reading More Listings, Higher Prices in Florida’s Housing Market
Hits and Misses for the Real Estate Week of March 18-22
Attacks on realtors by the Wall Street Journal and President Biden plus some unusual HUD endeavors top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of March 18-22
State Farm to Drop 72,000 Property Insurance Policies in California
The California Department of Insurance reacted to the news by raising concern about State Farm’s financial health. Continue Reading State Farm to Drop 72,000 Property Insurance Policies in California
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