U.S. Housing Market
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
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
Stellar MLS in Data Access Pact with Miami Association of Realtors
. The collaboration between Florida’s two largest MLSs will expand listing visibility across Miami, Tampa, and Orlando. Continue Reading Stellar MLS in Data Access Pact with Miami Association of Realtors
Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
The five-acre site will stretch from 38th to 41st Streets on First Avenue, just south of the United Nations headquarters complex Continue Reading Developers of Manhattan’s Mixed-Use Freedom Plaza Commit to 1,080 Affordable Housing Units
Median US Home Price Dips to $371K
Home sale prices declined in 28 of the nation’s 50 largest metro areas. Continue Reading Median US Home Price Dips to $371K
California’s Median Home Price Back Above $800K
While prices remained elevated, sales activity was enervated. Continue Reading California’s Median Home Price Back Above $800K
Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves
70% of Gen Z apartment renting dog owners said they would consider moving if they could tell their dog was unhappy in their residence. Continue Reading Survey: Apartment Hunters Place More Emphasis on Their Dogs’ Needs Than Themselves
Home Sales Continue to Plummet in New York State
Only 31,177 homes were available for sale in New York State last month. Continue Reading Home Sales Continue to Plummet in New York State
Unenchanted April: Existing Home Sales Down Last Month
The median existing-home price for all housing types in April was $388,800. Continue Reading Unenchanted April: Existing Home Sales Down Last Month
US Rental Market Growth Slows to Near-Stagnation
This was the slowest growth rate since the beginning of the pandemic. Continue Reading US Rental Market Growth Slows to Near-Stagnation
Florida Home Sales Down 17.2% in April
Existing condo-townhouse sales totaled 10,040, a 26.8% slide from April 2022. Continue Reading Florida Home Sales Down 17.2% in April
MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Q1 was an improvement from the reported loss of $2,812 per loan in Q4 2022. Continue Reading MBA: Net Loss Tumult Eased for Independent Mortgage Banks in Q1
Guest Opinion: The Realtors’ View of the Current Mortgage Market
The 2023 NAR president offers his association’s view on how Congress can upgrade today’s mortgage policy environment. Continue Reading Guest Opinion: The Realtors’ View of the Current Mortgage Market
Single-Family Housing Starts Up in April
Single‐family housing completions in April were at a rate of 971,000, which is 6.5% below the revised March rate of 1.03 million. Continue Reading Single-Family Housing Starts Up in April
