U.S. Housing Market
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
Homeownership Affordability Near 4-Year High, But Can it Last?
“Affordability began 2026 on its strongest footing since August 2022,” said First American Chief Economist Mark Fleming. Continue Reading Homeownership Affordability Near 4-Year High, But Can it Last?
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
The announcement was framed by having Newsom as a change agent for affordability. Continue Reading Newsom Follows Trump in Calling for Ban of Institutional Investors in Single-Family Housing Market
Home Affordability in Q4 Remained Mostly Elusive
ATTOM added the median sales price of a home has risen 54% over the past five years while typical wages only increased by 29%. Continue Reading Home Affordability in Q4 Remained Mostly Elusive
Texas Home Sales Dropped 11% in 2023
Statewide, homes remained on the market an average of 55 days, 20 days more than in 2022. Continue Reading Texas Home Sales Dropped 11% in 2023
Foreclosure Activity Records Annual Increase
Lenders repossessed 3,397 properties through completed foreclosures (REOs) in February. Continue Reading Foreclosure Activity Records Annual Increase
Hispanic Homeownership Rate Reached 49.5% in 2023
The Hispanic homeownership rate reached 49.5% in 2023, with a net gain of 377,000 owner-households – the largest single-year increase since 2005 and the largest homeownership rate upswing for any racial or ethnic demographic group compared to the year prior, according...
Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023
The AIMI fell nationally and in all 25 regional markets measured for the fourth quarter of 2023, Continue Reading Freddie Mac’s Multifamily Apartment Investment Market Index Increased in 2023
Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Since 1985, incomes have risen 3.2 times while home prices rose 5.6 times during the same period. Continue Reading Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Redfin Expands Sign & Save Program for Homebuyers
The program was piloted in a handful of markets last September and was launched in additional markets in January. Continue Reading Redfin Expands Sign & Save Program for Homebuyers
DR Horton Makes Strategic Investment in 3D Printing Construction Firm
The homebuilder D.R. Horton (NYSE:DHI) has made a strategic investment in Apis Cor, a manufacturer of construction 3D printing robotic technologies. According to the companies, they will collaborate on a multi-unit construction project in South Florida after the...
Pennsylvania Homeowner Assistance Fund to Reopen
PHFA estimated that between $48 million and $50 million in remaining PAHAF funds will be available. Continue Reading Pennsylvania Homeowner Assistance Fund to Reopen
Inflation Up in February – How Will That Impact Fed Rate Cuts?
“The heavyweight component of housing/shelter decelerated to 5.7%,” said NAR Chief Economist Lawrence Yun. Continue Reading Inflation Up in February – How Will That Impact Fed Rate Cuts?
A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?
“What the housing market needs most to address the affordability crisis is more supply,” said Redfin Chief Economist Daryl Fairweather. Continue Reading A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?
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