U.S. Housing Market
Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
“It has been nearly two decades since Congress last enacted a sweeping, bipartisan housing law,” said NAR’s Shannon McGahn. Continue Reading Senate Passes Bipartisan Housing Bill; Industry Leaders Offer Mixed Reaction
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
Wisconsin Home Sales Down 9.2% Year-Over-Year
Total listings were up 3.7% relative to their November 2024 levels. Continue Reading Wisconsin Home Sales Down 9.2% Year-Over-Year
Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18. Continue Reading Mortgage Rates Down Slightly
REMAX: Home Sales Down 4.7% in November
Buyers closed on 18.5% fewer home sales from October to November and 4.7% less than in November 2024. Continue Reading REMAX: Home Sales Down 4.7% in November
Existing Home Sales Up 9.5%
First-time buyers were responsible for 26% of sales in February, down from 28% in January and 27% in February 2023. Continue Reading Existing Home Sales Up 9.5%
Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
Roughly one out of every nine flipped home sales were sold to buyers using a loan backed by the FHA. Continue Reading Is Flipping Flopping? Flipped Home Sales Down 29.3% in 2023
The State with the Greatest Increase in Mortgage Debt Is…
“Even small increases in home prices can lead to thousands of dollars in extra mortgage interest costs,” said John Kiernan, WalletHub editor. Continue Reading The State with the Greatest Increase in Mortgage Debt Is…
NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
“I’m calling on realtors to follow through on lowering commissions to protect homebuyers,” said Biden. Continue Reading NAR Pushes Back at Biden’s Claim That Realtors Drive Up Home Prices
Mortgage Applications Down by 1.6%
Both the seasonally adjusted and unadjusted Purchase Index were 1% lower from one week earlier. Continue Reading Mortgage Applications Down by 1.6%
Chicago Voters Reject ‘Mansion Tax’ Referendum
The referendum was spurned by a 54% to 46% ratio. Continue Reading Chicago Voters Reject ‘Mansion Tax’ Referendum
RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
“Coming Soon listings represent the most recent and sought-after listings in the real estate industry,” said Tom Rossiter, CEO of RESAAS. Continue Reading RESAAS’ Coming Soon Listings to be Published on Zillow’s Site
Agents Prepare for Worst in Wake of NAR Settlement Offer
Weekly Real Estate News polls our readers to find out what their thoughts were in regard to NAR’s settlement offer. Continue Reading Agents Prepare for Worst in Wake of NAR Settlement Offer
NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
Adele Andaloro was arrested for unlawful eviction when she changed the locks on her property. Continue Reading NYC Homeowner Arrested for Trying to Evict Squatters from Her Property
California Home Sales Up 12.8%
Unsold inventory statewide in February was down 6.3% on a month-over-month basis. Continue Reading California Home Sales Up 12.8%
