U.S. Housing Market
Illinois Home Sales Up 2%
For 2025, closed sales totaled 136,650, up 4.2% from the 131,194 transactions in 2024. Continue Reading Illinois Home Sales Up 2%
Number of Down Payment Assistance Programs in Q4 2025 Up 6% Year-Over-Year
Slightly less than two-thirds of these programs (63%, or 1,639 programs) were open to first-time buyers. Continue Reading Number of Down Payment Assistance Programs in Q4 2025 Up 6% Year-Over-Year
Maine Home Sales Rise as Prices Ease
The median sales price during September was $402,500, a 1.35% decrease from the $408,000 price recorded in September 2024. Continue Reading Maine Home Sales Rise as Prices Ease
New York State Launches Housing Accelerator Fund
The initial cohort of Housing Acceleration Fund awards are expected to result in approximately 1,800 new homes. Continue Reading New York State Launches Housing Accelerator Fund
Beeline Announces First Blockchain-Recorded Home Equity Transactions
BeelineEquity closed five blockchain-tracked equity transactions, with five more scheduled this month. Continue Reading Beeline Announces First Blockchain-Recorded Home Equity Transactions
Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
The six affordable studio units are set at an area median income range of 130% at $2,600 monthly rent, Continue Reading Lottery Drawing to Determine Tenancy in Manhattan Affordable Housing Development
Mortgage Rates Fall Further Away From 7%
The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95% Continue Reading Mortgage Rates Fall Further Away From 7%
MBA: Median Mortgage Payments Drop by $62 in November
“Homebuyer affordability improved in November, with a decline in mortgage rates providing relief to prospective homebuyers,” said MBA’s Edward Seiler. Continue Reading MBA: Median Mortgage Payments Drop by $62 in November
Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
As for those who did move away, 47% of millennials and Gen Zers said would consider returning to where they grew up and have family. Continue Reading Survey Finds Most Millennials and Gen Zers Never Move From Their Hometowns
Report Finds Affordable Homeownership Remained Elusive in Q4
The new report found major expenses on median-priced homes consume 33.7% of the average national wage in the fourth quarter. Continue Reading Report Finds Affordable Homeownership Remained Elusive in Q4
CFPB and DOJ Sue Texas Developer Colony Ridge, Alleging Illegal Land Sales
Colony Ridge allegedly sold flood-prone land without water, sewer or electrical infrastructure to unsuspecting families. Continue Reading CFPB and DOJ Sue Texas Developer Colony Ridge, Alleging Illegal Land Sales
Developer Proposes 134-Story Apartment Tower for Oklahoma City
If constructed, the tower would be the second tallest U.S. building. Continue Reading Developer Proposes 134-Story Apartment Tower for Oklahoma City
Mortgage Application Activity Trends Downward
The Refinance Index decreased 2% from the previous week, although it was 18% higher than the same week one year ago. Continue Reading Mortgage Application Activity Trends Downward
Existing Homes Sales Up for First Time in 5 Months
First-time buyers were responsible for 31% of sales in November. Continue Reading Existing Homes Sales Up for First Time in 5 Months
$256 Million in Financing Closed for Mixed-Use Affordable Housing Project in Brooklyn
The project was designed by Bernheimer Architecture and is expected to be completed by June 2026. Continue Reading $256 Million in Financing Closed for Mixed-Use Affordable Housing Project in Brooklyn
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