U.S. Housing Market
New Listings Increased in April as Median Home Prices Declined
“Compared to last year, 2026 has seen both fewer price cuts and lower median list prices,” said Jake Krimmel, senior economist at Realtor.com. Continue Reading New Listings Increased in April as Median Home Prices Declined
Mill Creek Residential Breaks Ground on Mixed-Use New Jersey Community
The first move-ins are anticipated for mid-2028. Continue Reading Mill Creek Residential Breaks Ground on Mixed-Use New Jersey Community
Mortgage Application Activity Dips by 1.6%
The FHA share of total applications decreased to 17.2% from 18.2%. Continue Reading Mortgage Application Activity Dips by 1.6%
HUD and USDA Rescind Biden’s Energy Mandate on New Home Construction
“We are removing a significant regulatory barrier that added tens of thousands of dollars to the cost of a new home,” said HUD Secretary Scott Turner. Continue Reading HUD and USDA Rescind Biden’s Energy Mandate on New Home Construction
Single-Family Housing Starts Surge by Nearly 10%
Single-family authorizations in March were at a rate of 895,000, which is 3.8% below the revised February figure of 930,000. Continue Reading Single-Family Housing Starts Surge by Nearly 10%
Foreclosure Auction Volume at 6-Year High
26 Metropolitan Statistical Areas (MSAs), or 27%, recorded higher foreclosure sales rates than one year ago. Continue Reading Foreclosure Auction Volume at 6-Year High
Mortgage Rates Down for Third Straight Week
Sam Khater, Freddie Mac’s chief economist, observed, “Rates currently stand at their lowest level in the last three spring homebuying seasons.” Continue Reading Mortgage Rates Down for Third Straight Week
Florida’s Burgess Island Listed for Sale at $89 Million
The island was acquired and developed in 1924 by inventor and electrochemist Charles Frederick Burgess. Continue Reading Florida’s Burgess Island Listed for Sale at $89 Million
Illinois Home Sales Up 3.1%
The monthly median price of $315,000 was 6.8% more than $295,000 price recorded one year earlier. Continue Reading Illinois Home Sales Up 3.1%
Home Sales Profits Down During Q1
The first quarter’s home prices held steady from the previous quarter at $360,000 but were up 3% year-over-year from $350,000 in the first quarter of 2025. Continue Reading Home Sales Profits Down During Q1
HUD and FHFA Update Credit Scoring Models
Mortgage Bankers Association President and CEO Bob Broeksmit said this was “an important next step in modernizing the credit scoring framework.” Continue Reading HUD and FHFA Update Credit Scoring Models
New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
Iowa residents have the lowest percentage of income spent on housing. Continue Reading New Study Finds Hawaii Residents Spend the Highest Percentage of Income on Housing
New York State Home Sales Slowed While Prices Increased
Housing inventory across the Empire State dipped from 24,574 homes on the market in March 2025 to 24,386 units last month. Continue Reading New York State Home Sales Slowed While Prices Increased
Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
San Antonio led the major metros with 18.7% of home purchase agreements terminating early. Continue Reading Very Cold Feet: 13.4% of Home-Sale Agreements Canceled During March
Report: 65% of Homebuyers View First Purchase as Their Forever Home
Many buyers are purchasing their first home only after starting a family. Continue Reading Report: 65% of Homebuyers View First Purchase as Their Forever Home
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