U.S. Housing Market
Hits and Misses for the Real Estate Week of Jan. 26-30
A Beverly Hills mansion that nobody wants, a push to end property taxes in Georgia, and Indiana goes Bears hunting. Continue Reading Hits and Misses for the Real Estate Week of Jan. 26-30
Trump Sparks Backlash Over Affordable Homeownership Comments
“We’re not going to destroy the value of their homes so that somebody that didn’t work very hard can buy a home,” said Trump. Continue Reading Trump Sparks Backlash Over Affordable Homeownership Comments
Mortgage Rates Inch Up Again
The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6. Continue Reading Mortgage Rates Inch Up Again
Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Investors in more affordable states were focused on lower-priced and entry-level homes. Continue Reading Report: Real Estate Investors Will Pay Up to 35% Above the Median Sales Price
Q3 Home Prices Up in 77% of Metro Markets
Eight of the 10 most expensive markets were in California, led by the San Jose-Sunnyvale-Santa Clara metro at $1.9 million, up by 0.8% from one year earlier. Continue Reading Q3 Home Prices Up in 77% of Metro Markets
NYC Recorded Lopsided Housing Construction Filings in Q4 2023
There were only nine filings for buildings with 100 or more proposed units during this period. Continue Reading NYC Recorded Lopsided Housing Construction Filings in Q4 2023
The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
The 41-unit development offers a mix of one-, two- and three-bedroom apartments. Continue Reading The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
Hits and Misses for the Real Estate Week of Feb. 5-9
This week’s Hits and Misses include an XXL-large listing price, Janet Yellen’s not-calming words and an unlikely exodus of Gen Zers into California. Continue Reading Hits and Misses for the Real Estate Week of Feb. 5-9
NAR: ‘Cooperative Compensation is Good for Consumers’
NAR Graham Wood said the organization “believes this outcome was unsupported and was largely driven by legally erroneous rulings by the judge.” Continue Reading NAR: ‘Cooperative Compensation is Good for Consumers’
Redfin: Asking Rents Flattened in January
Redfin Chief Economist Daryl Fairweather expected apartment completions to peak this year. Continue Reading Redfin: Asking Rents Flattened in January
Why Are So Many Gen Zers Moving to California?
Nearly 215,000 movers left California in 2022, but the state also recorded a net positive gain of nearly 44,000 Gen Z adults. Continue Reading Why Are So Many Gen Zers Moving to California?
Affordable Homeownership in California Remains at Historic Low
A minimum annual income of $222,800 was needed to make monthly payments of $5,570. Continue Reading Affordable Homeownership in California Remains at Historic Low
Mortgage Credit Availability Inched Up in January
“Overall credit availability remained close to 2012 lows,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up in January
Mortgage Rates Remain Stagnant
The 30-year fixed-rate mortgage averaged 6.64%, recording a scant uptick from last week when it averaged 6.63% Continue Reading Mortgage Rates Remain Stagnant
86% of Metro Areas Posted Home Price Gains in Q4 2023
The national median single-family existing home price was up by 3.5% from a year ago to $391,700. Continue Reading 86% of Metro Areas Posted Home Price Gains in Q4 2023
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