U.S. Housing Market
Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Harry and Meghan came to California in 2020 after stepping down from their royal duties, purchasing a home in Montecito for $14.6 million. Continue Reading Report: Prince Harry and Meghan Not Planning to Sell California Mansion
Home Purchase Cancellations at Highest Level in Nearly 3 Years
Redfin noted the deals were falling through at a higher rate than in 2020-2022, when the housing environment was in a hot seller’s market. Continue Reading Home Purchase Cancellations at Highest Level in Nearly 3 Years
Multifamily Lending Volume Up 32% Year-Over-Year in 2025
The top five multifamily lenders in 2025 by dollar volume were JPMorgan Chase & Co., Wells Fargo, Walker & Dunlop, Berkadia, and CBRE. Continue Reading Multifamily Lending Volume Up 32% Year-Over-Year in 2025
July’s Housing Market Had 51.3% More Sellers Than Buyers
“Buyers are dropping out faster than sellers, giving the buyers who remain more options and more negotiating power,” said Asad Khan, a senior economist at Redfin. Continue Reading July’s Housing Market Had 51.3% More Sellers Than Buyers
Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden
The garden would have been razed in favor of a 123-unit housing project, but the plan drew opposition from many local residents. Continue Reading Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden
Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year
“While foreclosure activity eased from April levels, the broader trend remains one of gradual year-over-year growth,” said Rob Barber, CEO at ATTOM. Continue Reading Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year
Median Sold Price in Mid-Atlantic Region Hits Record High
“While inventory is increasing, there are some markets where supply is still not keeping pace with demand,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Median Sold Price in Mid-Atlantic Region Hits Record High
Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
The five-bedroom, 5.5-bathroom residence in Amagansett, New York was first listed for $29 million in 2022. Continue Reading Alec Baldwin Tries Another Price Cut to Sell His Hamptons Estate
Maine Home Sales and Prices Hold Steady
A total of 1,206 single-family existing homes were sold in Maine last month, with a median sold price of $425,000. Continue Reading Maine Home Sales and Prices Hold Steady
Buyers Paying More in Mortgage Interest Than Their Home Costs
Choosing a 15-year mortgage at today’s 5.87% rate would save $250,378 over a 30-year loan. Continue Reading Buyers Paying More in Mortgage Interest Than Their Home Costs
ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data
“ResiScore builds on our strategy to deliver AI-powered property intelligence through our data foundation and enterprise data licensing,” said Rob Barber, CEO of ATTOM. Continue Reading ATTOM Debuts ResiScore, AI-Powered Tool for Neighborhood Ranking Data
Existing Home Sales Up 3.2% in May
The median sales price in May for all housing types was $429,300, a 1.3% increase from one year ago. Continue Reading Existing Home Sales Up 3.2% in May
Mortgage Credit Availability Improved Slightly in May
“Mortgage rates reached nine-month highs over the month, which put pressure on homebuyers and reduced the demand for refinancing,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved Slightly in May
Baltimore City Council Advances Property Tax Relief Bill
The measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Continue Reading Baltimore City Council Advances Property Tax Relief Bill
Home Equity Withdrawals Reached Highest Q1 Level in 5 Years
Average second-lien HELOC rates fell to 6.6% in March, their most attractive level since late 2022. Continue Reading Home Equity Withdrawals Reached Highest Q1 Level in 5 Years
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