U.S. Housing Market
Builders Predict Construction Uptick in Single-Family Housing for 2026
“While mindful of some weakening for the labor market, the economy remains in solid shape,” said Robert Dietz, NAHB chief economist. Continue Reading Builders Predict Construction Uptick in Single-Family Housing for 2026
Mortgage Application Activity Starts 2026 with a Whimper
The FHA share of total applications increased to 20.0% from 18.4% the week prior. Continue Reading Mortgage Application Activity Starts 2026 with a Whimper
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
Housing Supply Drops to 2-Year Low
Redfin attributed the decline to sellers responding to sluggish homebuyer activity, with sales far below pre-pandemic levels. Continue Reading Housing Supply Drops to 2-Year Low
Zillow and Realtor.com Add Rental Housing Items to Their Platforms
“Short-term rentals are a great way to help with some of the costs of homeownership,” said Realtor.com’s Mausam Bhatt. Continue Reading Zillow and Realtor.com Add Rental Housing Items to Their Platforms
NYU Acquires Luxury Manhattan High-Rise for $210 Million
NYU’s holdings within New York City now encompasses more than 15 million square feet. Continue Reading NYU Acquires Luxury Manhattan High-Rise for $210 Million
New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans
The Asian American homeownership rates in the middle- and lower-income levels are far below equal-earning non-Hispanic Whites. Continue Reading New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans
HGTV’s Urban Oasis 2023 Sweepstakes Offers Louisville Home as Grand Prize
The sweepstakes winner will also receive an all-new 2023 Mercedes-Benz GLC SUV, and $50,000 from Viva along with a five-year supply of the brand’s paper towels. Continue Reading HGTV’s Urban Oasis 2023 Sweepstakes Offers Louisville Home as Grand Prize
The New Normal: Monthly Mortgage Payments of $2,000+ a Month
“Just when did the $2,000 monthly mortgage payment become the norm?” said Black Knight Vice President of Enterprise Research Andy Walden. Continue Reading The New Normal: Monthly Mortgage Payments of $2,000+ a Month
Home Buyers of America Expands into Connecticut
“Our investment in Connecticut and plans to expand into other major U.S. markets signifies the expanded demand we’re seeing across the board,” said CEO Nick Ron. Continue Reading Home Buyers of America Expands into Connecticut
Overseas Buyers Spent $4.3 Billion on Texas Residential Properties
Most of the overseas buyers seeking Texas residences came from Mexico (41%), followed by China (8%), India (7%), Nigeria (5%) and Venezuela (5%). Continue Reading Overseas Buyers Spent $4.3 Billion on Texas Residential Properties
Ouch! Mortgage Application Activity Sinks to 27-Year Low
“Both purchase and refinance applications fell, with the purchase index hitting a 28-year low,” said MBA’s Joel Kan. Continue Reading Ouch! Mortgage Application Activity Sinks to 27-Year Low
Zillow: Most Buyers Consider Climate Risks When Buying a Home
Climate risk is a greater concern among millennials (86%) and lower among baby boomers (70%). Continue Reading Zillow: Most Buyers Consider Climate Risks When Buying a Home
Hits and Misses for the Real Estate Week of Aug. 28 to Sept. 1
The Department of Justice wants to know if Elon Musk is building a glass house for himself. Continue Reading Hits and Misses for the Real Estate Week of Aug. 28 to Sept. 1
