U.S. Housing Market
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Median home sale prices have jumped nearly 19% since the start of the year. Continue Reading Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Mortgage Rates Rise to 9-Month High
The 30-year fixed-rate mortgage averaged 6.51% as of May 21. Continue Reading Mortgage Rates Rise to 9-Month High
Housing Starts Dropped During April
The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April
Southern Land Company Launches In-House Mortgage Division
SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home communities. Continue Reading Southern Land Company Launches In-House Mortgage Division
KB Home Expands into Atlanta Market
Bill Schmidt, who joined the company in 2025 as division president, will lead KB Home’s operations throughout the region. Continue Reading KB Home Expands into Atlanta Market
Redfin Joins Pre-Market Listings Trend with New Early Access Category
Redfin has joined the movement to pre-market listings with the launch of its Redfin Early Access, a new search category featuring homes that are only on Redfin, plus pre-market listings from Compass International Holdings’ portfolio of brands. The Seattle-based...
Builders Grow Slightly More Confident in Housing Market
“Recent increases for long-term interest rates will continue to hold back homebuyer demand,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Grow Slightly More Confident in Housing Market
Remodeling Firm West Shore Home Expands Further into New England
The new office comes three months after the Mechanicsburg, Pennsylvania-headquartered company entered the Boston market. Continue Reading Remodeling Firm West Shore Home Expands Further into New England
LGI Homes Launches Master-Planned Community in Houston Suburb
Cypress Trails will bring more than 500 new single-family homes to the area. Continue Reading LGI Homes Launches Master-Planned Community in Houston Suburb
Ginnie Mae’s MBS Portfolio Reached Nearly $3 Trillion in April
The agency said the pooling and securitization of loans in April benefited more than 160,000 households, including over 58,000 first-time homebuyers. Continue Reading Ginnie Mae’s MBS Portfolio Reached Nearly $3 Trillion in April
Hits and Misses for the Real Estate Week of May 11-15
A new chairman at the Federal Reserve, a new real estate tax to bite Big Apple homebuyers, and London’s most famous rooftop will open to the public. Continue Reading Hits and Misses for the Real Estate Week of May 11-15
Florida Home Sales Activity Ratchets Up
The statewide median sales price for single-family existing homes in April was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Activity Ratchets Up
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
