U.S. Housing Market
Wisconsin Home Sales Down 9.2% Year-Over-Year
Total listings were up 3.7% relative to their November 2024 levels. Continue Reading Wisconsin Home Sales Down 9.2% Year-Over-Year
Mortgage Rates Down Slightly
The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18. Continue Reading Mortgage Rates Down Slightly
New York State Median Home Sale Price Breaks Record High
Closed sales were down from 10,286 homes last year to 10,046 last month, a 2.3% decline. Continue Reading New York State Median Home Sale Price Breaks Record High
Florida Home Sales and Prices Down for July
The statewide median sales price for single-family existing homes in July was $410,000, down 1.7% compared to one year before. Continue Reading Florida Home Sales and Prices Down for July
Pennsylvania Housing Inventory Hits 3-Year High
The median home price rose 6.5% year-over-year to $320,000 in July. Continue Reading Pennsylvania Housing Inventory Hits 3-Year High
Zillow: Home Values Up 1.4% in May
The number of homes for sale on Zillow in May was 3.1% lower than one year ago. Continue Reading Zillow: Home Values Up 1.4% in May
NFHA Calls for Restoration of Fair Housing Funds Cut in Debt Ceiling Deal
The debt ceiling deal rescinded $3.3 million that HUD set aside for local fair housing enforcement agencies. Continue Reading NFHA Calls for Restoration of Fair Housing Funds Cut in Debt Ceiling Deal
Hits and Misses for the Real Estate Week of June 5-9
A new four-episode spinoff series called “Fixer to Fabulous: Italiano” takes the HGTV favorite to Tuscany. Continue Reading Hits and Misses for the Real Estate Week of June 5-9
John Wayne’s California Ranch Sold After Five Years On and Off the Market
Wayne purchased it the 1970s and invited friends to visit for horseback riding and outdoor activities. Continue Reading John Wayne’s California Ranch Sold After Five Years On and Off the Market
Illinois Debuts New Homebuyer Assistance Program
Illinois HFA1 is not exclusive to first-time buyers. Continue Reading Illinois Debuts New Homebuyer Assistance Program
Median Asking Rent Price Has First Year-Over-Year Drop in Three Years
However, this decline was fueled primarily from one region. Continue Reading Median Asking Rent Price Has First Year-Over-Year Drop in Three Years
Baby Boomers and Millennials are Moving, But Not to the Same Places
“Domestic migration continues to be a key theme shaping the housing market,” said Anna Zhou, economist for Bank of America Institute. Continue Reading Baby Boomers and Millennials are Moving, But Not to the Same Places
Foreclosure Filings Up 14% From One Year Ago
Lenders started the foreclosure process on 23,245 properties in May, up 4% from the previous year and up 5% from one year earlier. Continue Reading Foreclosure Filings Up 14% From One Year Ago
Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
The agencies said the proposed guidance would also “help identify, address, and mitigate valuation discrimination risk.” Continue Reading Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
When You Need a Six-Digit Salary to Avoid Being Rent Burdened
The least rent-burdened market is Wichita, Kansas, where the average renter needs to make just less than $40,000. Continue Reading When You Need a Six-Digit Salary to Avoid Being Rent Burdened
