U.S. Housing Market
More Down Payment Assistance Programs Added During Q2
Programs supporting manufactured homes increased to 1,089, representing 40% of all programs, a gain of 3% from the first quarter. Continue Reading More Down Payment Assistance Programs Added During Q2
Alabama Home Sales Up Sharply Year-Over-Year
Alabama witnessed 678 foreclosures in June, a 23.5% year-over-year increase and a 6.2% decrease from the prior month. Continue Reading Alabama Home Sales Up Sharply Year-Over-Year
Declines Recorded for Mortgage Application Activity and Mortgage Credit Availability
“Mortgage credit availability decreased in June to its lowest level since December 2025,” said Joel Kan, MBA’s vice president and deputy chief economist. Continue Reading Declines Recorded for Mortgage Application Activity and Mortgage Credit Availability
ADU Builder Samara Expands into Single-Family Housing
The company stated that it will now design and build small infill developments consisting of clusters of up to 10 single-family homes. Continue Reading ADU Builder Samara Expands into Single-Family Housing
Median Asking Monthly Rent Posts 35th Straight Month of Annual Declines
Realtor.com attributed this decline to multifamily construction outpacing demand. Continue Reading Median Asking Monthly Rent Posts 35th Straight Month of Annual Declines
Groundbreaking for New 348-Unit Affordable Housing Community in Austin
Construction of Sanara is now underway with first units anticipated in April 2027. Continue Reading Groundbreaking for New 348-Unit Affordable Housing Community in Austin
Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
SB 1851 prohibits localities from enacting property tax increases above the no-new-revenue rate. Continue Reading Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing
In its prime, the Cabana Hotel accommodated The Beatles and Led Zeppelin. Continue Reading Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing
Duball Previews New Apartment Community in Washington, DC
Revere is scheduled to begin pre-leasing in late 2026 with move-ins beginning in early 2027. Continue Reading Duball Previews New Apartment Community in Washington, DC
House Removes BTR Sale Provision from Senate’s Housing Bill
The revised bill now states that institutional investors do not need to sell or divest “any covered single-family home purchased before or after the date of enactment of this Act.” Continue Reading House Removes BTR Sale Provision from Senate’s Housing Bill
Mortgage Rates Dip While Delinquency Levels Rise
The 30-year fixed-rate mortgage averaged 6.36% as of May 14. Continue Reading Mortgage Rates Dip While Delinquency Levels Rise
Foreclosure Filings Up 18% From One Year Ago
Lenders started the foreclosure process on 28,414 properties in April. Continue Reading Foreclosure Filings Up 18% From One Year Ago
Study Finds Greater Savings in Buying New Homes Versus Older Homes
The savings are primarily from the lower utility costs from newer energy-efficient construction and the delayed replacement of major systems. Continue Reading Study Finds Greater Savings in Buying New Homes Versus Older Homes
Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
Looking ahead, rental stock growth is expected to be strongest in the Northeast (+1.1%) by the first quarter of 2027 Continue Reading Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
Mortgage Application Activity Up, Mortgage Credit Availability Down
The FHA share of total applications inched up to 17.9% from 17.7% the week prior. Continue Reading Mortgage Application Activity Up, Mortgage Credit Availability Down
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