U.S. Housing Market
California Home Sales and Prices Forecasted to Rise in 2026
Housing supply in 2026 is forecast to show continued improvement and remain near pre-pandemic levels, with active listings up by nearly 10% amid improving market conditions. Continue Reading California Home Sales and Prices Forecasted to Rise in 2026
Kentucky Home Sales and Prices in August Decline
The total sales volume of $1.46 billion was down 6.95% month-over-month and up 8.6% year-over-year. Continue Reading Kentucky Home Sales and Prices in August Decline
New York State Records 6.2% Drop in Home Sales
The state’s median price of homes increased for the 21st straight month. Continue Reading New York State Records 6.2% Drop in Home Sales
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.86% as of May 22, up from last week when it averaged 6.81%. Continue Reading Mortgage Rates Inch Up
Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
The property is slated to be auctioned on June 18 by Paramount Realty USA. Continue Reading Chicago Suburb Threatens to Seize Pope Leo’s Childhood Home Through Eminent Domain
How Climate Change Could Sink the US Real Estate Market
Source: Sierra --- LIZ GREENE HADN'T ORIGINALLY intended to buy this house. She'd been looking at another one here in the River Haven subdivision, 20 miles northeast of Myrtle Beach, South Carolina. It had the same beige siding, the same slab foundation and...
What’s the current health of the US housing market?
Source: MPA Mag --- An analysis of 200 of the largest metro areas in the US shows the health of the housing market across the country amid a backdrop of intense competition and dwindling housing availability. Today’s Homeowner reached out to Mortgage Professional...
Real estate ‘sweet spot’ puts sellers in drivers seat
Source: Fox Business --- Experts say it's "nearly impossible" for sellers to time the real estate market just right. However, there is one week in particular that provides them with the most favorable conditions to list a home, according to a recent report....
Median Home Prices Rose in February 2023, but Affordable Housing Inventory Remains a Challenge
Despite being down 24.4% year over year, February home sales increased 16.8% from January. That was the largest month-over-month increase in 11 months and ended a five-month streak of sales declines that began in September. This is according to the February 2023...
Selling your home? Don’t forget to update your curb appeal!
Most Realtors (92%) suggest that sellers improve the curb appeal of their home before listing it for sale. Also, the most significant shares of Realtors recommended owners complete landscaping-related features before putting a home on the market. Those were among the...
Mortgage Rates Drop as a Result of Banking Turmoil, Demand Increases
According to a new report from Redfin, the technology-based real estate brokerage, some homebuyers are returning to the market as mortgage rates decline from the four-month high they reached last week. Daily average mortgage rates dropped from 7% to about 6.5%...
Could The Silicon Valley Bank Collapse Contaminate The Real Estate Market?
Source: Candy's Dirt --- Last Friday, the world gasped as one of the tech industry’s most prominent banking institutions, Silicon Valley Bank (SVB), collapsed under $175 billion in uninsured deposits. This monumental financial failure has only been surpassed in scope...
Buying or selling a home in Indiana? Here’s what a $400K home looks like in 5 cities
Source: Indy Star --- As 2023 speeds along, here's another look around the state at what buyers and sellers can expect in Indiana's real estate market. Average 30-year fixed mortgage rates still sit over 6%, and mortgage application volumes were 44% lower nationally...
As the Housing Market Sputters, These Are the Best U.S. Cities for Home Sellers
Source: Realtor.com --- Sellers are sitting in the driver’s seat of today’s idling housing market. So why are they stalled behind the wheel? Typically, as winter turns to spring, the housing market thaws. Sellers prepare their homes for showings and scrutiny, and...
10 States With The Most Valuable Housing Markets
Source: Yahoo! Entertainment --- California remains the nation’s most valuable housing market, despite a housing slowdown that shaved nearly $1 trillion off the value of the state’s residential real estate. Roughly one-fifth of the nation’s total housing value is in...
