U.S. Housing Market
New Home Sales Down 7.3% in May
The average sales price of new houses sold in May was $540,600. Continue Reading New Home Sales Down 7.3% in May
Chicago Sues Airbnb Over Illegal Short-Term Rentals
“Requiring short-term rental companies to follow the same rules as everyone else is critical to our work of building a safer, more affordable Chicago,” said Mayor Brandon Johnson. Continue Reading Chicago Sues Airbnb Over Illegal Short-Term Rentals
HUD Updates 14 FHA Policies in Move to Improve Affordability
“Every unnecessary regulation comes with a cost, and too often homebuyers pay the price,” said HUD Secretary Scott Turner. Continue Reading HUD Updates 14 FHA Policies in Move to Improve Affordability
New Study: More Americans Favor Homebuying Over Renting for the First Time Since 2023
The survey also found 90% of respondents stating a home is a valuable investment, up from 79% in 2025. Continue Reading New Study: More Americans Favor Homebuying Over Renting for the First Time Since 2023
Alabama Home Sales Up Nearly 12% from One Year Ago
The 723 foreclosures in May represented a 37.5% year-over-year increase but was also below the pre-pandemic 863 foreclosures of May 2019. Continue Reading Alabama Home Sales Up Nearly 12% from One Year Ago
Mortgage Rates Trend Lower
The 30-year fixed-rate mortgage averaged 6.47% as of June 18, down from last week when it averaged 6.52%. Continue Reading Mortgage Rates Trend Lower
Report: 1 in 3 Adults Under 35 Still Lives with Their Parents
The 33.0% co-residence rate among adults under 35 in 2025 is slightly below the 2020 all-time high of 33.6%. Continue Reading Report: 1 in 3 Adults Under 35 Still Lives with Their Parents
Home Flipping Activity and Returns Up During Q1
Nationwide, 61.1% of flipped homes were purchased with all cash. Continue Reading Home Flipping Activity and Returns Up During Q1
President Trump’s Former Connecticut Mansion to be Demolished and Replaced
The 19,773-square-foot waterfront residence in the affluent New York City suburb of Greenwich was built in 1939. Continue Reading President Trump’s Former Connecticut Mansion to be Demolished and Replaced
New Home Purchase Activity Slowed in May
The average loan size for new homes decreased from $378,384 in April to $372,825 in May. Continue Reading New Home Purchase Activity Slowed in May
California’s Median Home Price Breaks New Record
Total active listings declined on a year-over-year basis in 40 of the 53 counties tracked by CAR. Continue Reading California’s Median Home Price Breaks New Record
REMAX: Home Sales Up for Fourth Straight Month
New listings in May were down 3.3% month-over-month and down 8.4% year-over-year. Continue Reading REMAX: Home Sales Up for Fourth Straight Month
Home Sale Cancellation Rate Holds Steady at 13.6%
In Atlanta, 18.8% of home-purchase agreements were canceled in May, the highest share among the 50 most populous metros with sufficient data. Continue Reading Home Sale Cancellation Rate Holds Steady at 13.6%
Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications
TransUnion analyzed more than 1.1 million renters who moved during 2024 and tracked charge-offs within one year after moving as a proxy for fraud-related risk. Continue Reading Report: Elevated Credit Inquiry Velocity is Top Fraud Risk Indicator for Rental Applications
Pending Home Sales Record Vibrant Upswing in May
Month-over-month and year-over-year pending home sales were up in all four regions (Northeast, Midwest, South and West). Continue Reading Pending Home Sales Record Vibrant Upswing in May
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