U.S. Housing Market
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Hits and Misses for the Real Estate Week of Oct. 13-17
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. Continue Reading Hits and Misses for the Real Estate Week of Oct. 13-17
Lennar Begins Sales at New Community in Texas
Pricing starts in the mid $200,000s. Continue Reading Lennar Begins Sales at New Community in Texas
REMAX: Home Sales Up by 8.5% Year-Over-Year
The median sales price in September was $439,000, a decrease of $6,000 (1.3%) from August, Continue Reading REMAX: Home Sales Up by 8.5% Year-Over-Year
Guest Opinion: The Richmond Fed and the Housing Challenge
In 2022, construction costs were three-fifths of the average sales price for a new single-family home. Continue Reading Guest Opinion: The Richmond Fed and the Housing Challenge
Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
The foundation is planning to deliver more than 200 mortgage-free homes to families across its programs. Continue Reading Tunnel to Towers Launches Fifth Annual Season of Hope Campaign
Florida Home Sales Down While Prices Seesaw Up
Florida had a 3.5-month supply of single-family existing homes in October, up 29.6% year-over-year. Continue Reading Florida Home Sales Down While Prices Seesaw Up
New York State Home Sales Down for 26th Consecutive Month
The inventory of homes for sale across New York was down 21.4% from one year ago. Continue Reading New York State Home Sales Down for 26th Consecutive Month
Mortgage Application Activity at Highest Level in Six Weeks
The refinance share of mortgage activity increased to 32.4% of total applications from 31.9% in the previous week. Continue Reading Mortgage Application Activity at Highest Level in Six Weeks
Survey: 42% of Sellers Didn’t Know They Pay the Buyer’s Agent’s Commission
72% of sellers who worked with an agent believed a good agent was worth every penny of their commission. Continue Reading Survey: 42% of Sellers Didn’t Know They Pay the Buyer’s Agent’s Commission
Existing Home Sales Down in October
NAR reported the median existing-home price for all housing types in October was $391,800. Continue Reading Existing Home Sales Down in October
ATTOM Names Ned Stringham as Chairman of the Board of Directors
ATTOM also announced the promotions of Ana Flor to chief people officer and Kara Taylor to chief marketing officer. Continue Reading ATTOM Names Ned Stringham as Chairman of the Board of Directors
RE/MAX and Anywhere Real Estate Receive Preliminary Approval for Lawsuit Settlements
“We are pleased with the court’s decision to grant preliminary approval of the settlement,” said Nick Bailey, president and CEO of RE/MAX LLC. Continue Reading RE/MAX and Anywhere Real Estate Receive Preliminary Approval for Lawsuit Settlements
Thompson Thrift to Launch Multifamily Community in Suburban Atlanta
The company expects to begin construction in December and welcome new residents in the spring of 2025. Continue Reading Thompson Thrift to Launch Multifamily Community in Suburban Atlanta
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