U.S. Housing Market
Mortgage Applications on New Home Purchases Up During January
Mortgage applications for new home purchases during January were up by 19% from the prior month and up by 2% from one year earlier, according to data from the Mortgage Bankers Association (MBA). MBA estimated new single-family home sales were running at a seasonally...
Maine Home Sales Slowed but Not Stopped by January’s Bitter Winter Weather
The median sales price last month was $389,000, a 0.65% rise from the $386,500 price recorded in January 2025. Continue Reading Maine Home Sales Slowed but Not Stopped by January’s Bitter Winter Weather
PulteGroup Expands Ohio Presence into Cincinnati
PulteGroup already has an Ohio presence in the Cleveland and Columbus markets. Continue Reading PulteGroup Expands Ohio Presence into Cincinnati
Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
The company expects to welcome its first residents in February 2027. Continue Reading Thompson Thrift to Build Multifamily Community in Suburban Indianapolis
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
Tech Trends: Partnership Enables the User to Become the Trusted Agent
The days of business just coming in the door with you having to do nothing are gone. Continue Reading Tech Trends: Partnership Enables the User to Become the Trusted Agent
The Most Expensive Listing Just Got Discounted – to $195 Million
The most expensive residential real estate listing just had its price slashed after five months on the market. According to a Barron's report, the Bel Air, California-based Casa Encantada, which was listed for a record-high of $250 million in June, was discounted by...
EAH Housing to Develop Affordable Housing Complex in Maui
“We are thrilled to be moving forward on this much-needed housing community in Kahului,” said Laura Hall, CEO of EAH Housing. Continue Reading EAH Housing to Develop Affordable Housing Complex in Maui
RE/MAX: Home Sales Down While Inventory Grows
“October had some encouraging signs – especially compared to a year ago,” said Nick Bailey, President and CEO of RE/MAX LLC. Continue Reading RE/MAX: Home Sales Down While Inventory Grows
Builder Confidence Mixed in Market for New Multifamily Housing
“High operating costs are creating problems for existing properties, especially affordable properties,” said Lance Swank, chairman of NAHB’s Multifamily Council. Continue Reading Builder Confidence Mixed in Market for New Multifamily Housing
Housing Starts Inched Up in October
Single‐family housing completions in October were down 0.9% from the revised September rate of 1 million. Continue Reading Housing Starts Inched Up in October
New Home Purchase Applications Up Nearly 40% in October
The average loan size for new homes decreased from $397,550 in September to $390,225 in October. Continue Reading New Home Purchase Applications Up Nearly 40% in October
Builder Confidence Down for Fourth Consecutive Month
NAHB is forecasting approximately a 5% increase for single-family starts in 2024. Continue Reading Builder Confidence Down for Fourth Consecutive Month
The Most Expensive ZIP Code Is…
The town’s residents include venture capitalists and billionaires. Continue Reading The Most Expensive ZIP Code Is…
Mortgage Rates Drop for Third Straight Week
The 30-year fixed-rate mortgage averaged 7.44% as of Nov. 16, down from last week when it averaged 7.5%. Continue Reading Mortgage Rates Drop for Third Straight Week
