U.S. Housing Market
December New Home Purchase Mortgage Applications Up by 2.5%
The average loan size for new homes increased from $378,063 in November to $380,607 in December. Continue Reading December New Home Purchase Mortgage Applications Up by 2.5%
Kamala Harris Drops $8.15 Million on Malibu Mansion
The area is home to prominent Hollywood stars and high-tech titans. Continue Reading Kamala Harris Drops $8.15 Million on Malibu Mansion
Report: 15% of Home Purchase Agreements Canceled in August
This is up from 14.3% one year earlier and marked the highest August rate in records dating back to 2017. Continue Reading Report: 15% of Home Purchase Agreements Canceled in August
Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025
The top five states for all-cash sales were Mississippi (49.6%), Montana (46.0%), Idaho (45.0%), Hawaii (44.9%), and Maine (44.4%). Continue Reading Report: 1 in 3 Homes Bought in All-Cash Sales During First Half of 2025
Report: Housing Affordability at Best Level Since Early 2023
The average credit score for purchase locks climbed above 736, the highest recorded in the six-year history of ICE’s origination dataset Continue Reading Report: Housing Affordability at Best Level Since Early 2023
New York State Home Sales Down 22.5%
nventory of homes for sale dropped 24% across the state, from 38,082 homes in September 2022 to just 28,943 units available last month. Continue Reading New York State Home Sales Down 22.5%
Need to Give a Wedding Present? How About ‘Home Funds’?
“Home funds were one of the most popular wedding registry cash funds on The Knot in 2022,” said Esther Lee, deputy editor of The Knot. Continue Reading Need to Give a Wedding Present? How About ‘Home Funds’?
Prefab Housing Provider Connect Homes to Open Arizona Factory
The factory will be capable of manufacturing up to 5,000 square feet of housing per week. Continue Reading Prefab Housing Provider Connect Homes to Open Arizona Factory
Profit Margins on Home Sales Up During Q3
This represented the second straight quarterly increase following several declines. Continue Reading Profit Margins on Home Sales Up During Q3
Ameris Bank in $9 Million Settlement Over Redlining Charges
“We strongly disagree with any suggestion that we have engaged in discriminatory conduct,” said Palmer Proctor, CEO of Ameris. Continue Reading Ameris Bank in $9 Million Settlement Over Redlining Charges
Mortgage Rates Surge Higher (Again)
“Mortgage rates continued to approach 8% this week, further impacting affordability,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Surge Higher (Again)
Pennsylvania Home Sales Down 21% Year-Over-Year
The median home sale price decreased for the third month in a row, down 3% from August to $216,249 in September. Continue Reading Pennsylvania Home Sales Down 21% Year-Over-Year
Florida Home Sales and Prices Begin to Stabilize
In September, the statewide median sales price for single-family existing homes was $409,243. Continue Reading Florida Home Sales and Prices Begin to Stabilize
Builder Confidence Grows Increasingly Pessimistic
“Builders have reported lower levels of buyer traffic,” said NAHB Chairman Alicia Huey, Continue Reading Builder Confidence Grows Increasingly Pessimistic
Existing Homes Sales Down During September
First-time buyers were responsible for 27% of sales in September, down from 29% in the prior month and one year earlier. Continue Reading Existing Homes Sales Down During September
