U.S. Housing Market
New Data Reports Find Easing in Home Prices
“New York again led all metros with a 6.1% annual gain, followed by Chicago at 5.9% and Cleveland at 4.7%,” said Nicholas Godec of S&P Dow Jones Indices. Continue Reading New Data Reports Find Easing in Home Prices
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
Foreclosure Activity Rises During First Half of the Year
During the second quarter, there were 100,687 residential properties with a foreclosure filing, up 7% from the previous quarter and up 13% from one year ago. Continue Reading Foreclosure Activity Rises During First Half of the Year
Kentucky Home Sales Up During June
The state’s median sales price of $285,000 was up 2.2% month-over-month and up 4% year-over-year. Continue Reading Kentucky Home Sales Up During June
CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
“How do agents and brokers keep earning commissions when Zillow aggressively holds the reins over four major real estate portals?” Florance asked. Continue Reading CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings
New List Compiles Lenders Offering 100% LTV HELOCs
The new list located 100% LTV home equity lenders in 48 out of 50 states. Continue Reading New List Compiles Lenders Offering 100% LTV HELOCs
New Joint Venture to Develop Multifamily Community in Charlotte’s NoDa District
Construction of the community will begin immediately and is expected to be completed in the second quarter of 2026. Continue Reading New Joint Venture to Develop Multifamily Community in Charlotte’s NoDa District
Mortgage Rates Are Back on the Rise
“The reacceleration of inflation and strength in the economy is keeping mortgage rates elevated,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Are Back on the Rise
HGTV to Create Series Based on Instagram’s Zillow Gone Wild
The @ZillowGoneWild account on Instagram has attracted more than 1.8 million followers. Continue Reading HGTV to Create Series Based on Instagram’s Zillow Gone Wild
Credit Union Mortgage Originations Down 60% in Q3
Variable rate HELOCs recorded 14% year-over-year origination declines. Continue Reading Credit Union Mortgage Originations Down 60% in Q3
Mortgage-Rate Locks for Second Homes Down 19%
August is the 14th consecutive month that second-home demand is at least 30% below pre-pandemic levels. Continue Reading Mortgage-Rate Locks for Second Homes Down 19%
Study: Home Insurance Policy Premiums Up 21% Year-Over-Year
Home insurance prices are up 35% compared to just two years ago. Continue Reading Study: Home Insurance Policy Premiums Up 21% Year-Over-Year
$2 Billion Lottery Winner Uses His Prize Money to Buy Luxury Homes
Edwin Castro has purchased three luxury estates in California this year. Continue Reading $2 Billion Lottery Winner Uses His Prize Money to Buy Luxury Homes
One-Third of Americans Cite Housing Costs as Their Greatest Financial Worry
The price of gas and consumer goods was the economic issue generating the greatest level of agita among Americans. Continue Reading One-Third of Americans Cite Housing Costs as Their Greatest Financial Worry
Start-up Platform Roam Offers Mortgages as Low as 2%
Roam’s service is currently available in Arizona, Colorado, Florida, Georgia and Texas, with plans to expand into new markets soon. Continue Reading Start-up Platform Roam Offers Mortgages as Low as 2%
