U.S. Housing Market
Court Orders California City to Approve Affordable Housing
Huntington Beach will have 120 days to adopt an affordable-housing plan that complies with state law. Continue Reading Court Orders California City to Approve Affordable Housing
Mortgage Rates Tick Up Slightly
The 30-year fixed-rate mortgage averaged 6.22% as of Dec. 11, up from last week when it averaged 6.19% Continue Reading Mortgage Rates Tick Up Slightly
Mortgage Rates at 10-Month Low
“Purchase application activity is improving as borrowers take advantage of the decline in mortgage rates,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates at 10-Month Low
Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Most of the international buyers of Texas houses came from Mexico (30%), followed by Canada and China (each at 8%), India (7%), and Nigeria (6%). T Continue Reading Foreign Purchases of Texas Residential Properties Up 9% Year-Over-Year
Q2 Mortgage Delinquency Rate Down Slightly
The delinquency rate was down 11 basis points from the first quarter and down 4 basis points from the second quarter of 2024. Continue Reading Q2 Mortgage Delinquency Rate Down Slightly
Rhode Island Has 10 Realtors for Every Home for Sale
Non-residents accounted for 23.7% of Rhode Island’s residential home sales in the first quarter. Continue Reading Rhode Island Has 10 Realtors for Every Home for Sale
Billy Joel Lists Long Island Mansion for $49 Million
The property includes a helipad and inground pool. Continue Reading Billy Joel Lists Long Island Mansion for $49 Million
Hits and Misses for the Real Estate Week of May 8-12
There’s 74,582,671 square feet of vacant office space in the city – which is enough to fill more than 26 Empire State Buildings. Continue Reading Hits and Misses for the Real Estate Week of May 8-12
Fewer Listings, But Faster Home Sales
The median home sale price was $370,625, down 2.7% from a year earlier. Continue Reading Fewer Listings, But Faster Home Sales
Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb
If paying for quality photography is not part of your marketing budget, it should be. Continue Reading Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb
Mortgage Rates Inch Lower
“This week’s decrease continues a recent sideways trend in mortgage rates,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Inch Lower
Mortgage Delinquency Rate Drops to Historic Lows
“The mortgage delinquency rate fell to its lowest level for any first quarter since MBA’s survey began in 1979,” said MBA’s Marina Walsh. Continue Reading Mortgage Delinquency Rate Drops to Historic Lows
Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Mortgage payments on a typical home could be 22% higher by September. Continue Reading Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Toll Brothers Unveils New Luxury Community for Utah
Construction of the sales center and model homes is now under way and sales will begin this fall. Continue Reading Toll Brothers Unveils New Luxury Community for Utah
Guest Opinion: How Real Estate Professionals Can Achieve Their Goals in Today’s Economy
The most valuable resource that real estate professionals can bring to their clients in this market is positivity. Continue Reading Guest Opinion: How Real Estate Professionals Can Achieve Their Goals in Today’s Economy
