U.S. Housing Market
Zombie Foreclosure Rate Increased During Q2
Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
New Report Tracks Slowing in Home Sale Agreement Cancelations
April’s cancelation rate tied with January for the lowest level of contract cancellations since September 2024. Continue Reading New Report Tracks Slowing in Home Sale Agreement Cancelations
New York State’s Housing Inventory Expands, But Sales Remain Down
Median sales prices enjoyed a 2.4% uptick from $420,000 in April 2025 to $430,000 last month. Continue Reading New York State’s Housing Inventory Expands, But Sales Remain Down
REMAX: New Listings Volume Outpaced Home Sales in April
The median sales price increased 1.5% year-over-year to $445,000, marking the 34th consecutive month of year-over-year price appreciation. Continue Reading REMAX: New Listings Volume Outpaced Home Sales in April
Mortgage Application Activity Dips by 2.3%
“Almost 10% of applications were for ARM loans, the highest share since October 2025, as borrowers sought loan types with lower rates,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Dips by 2.3%
Duball Previews New Apartment Community in Washington, DC
Revere is scheduled to begin pre-leasing in late 2026 with move-ins beginning in early 2027. Continue Reading Duball Previews New Apartment Community in Washington, DC
House Removes BTR Sale Provision from Senate’s Housing Bill
The revised bill now states that institutional investors do not need to sell or divest “any covered single-family home purchased before or after the date of enactment of this Act.” Continue Reading House Removes BTR Sale Provision from Senate’s Housing Bill
Mortgage Rates Dip While Delinquency Levels Rise
The 30-year fixed-rate mortgage averaged 6.36% as of May 14. Continue Reading Mortgage Rates Dip While Delinquency Levels Rise
Foreclosure Filings Up 18% From One Year Ago
Lenders started the foreclosure process on 28,414 properties in April. Continue Reading Foreclosure Filings Up 18% From One Year Ago
Study Finds Greater Savings in Buying New Homes Versus Older Homes
The savings are primarily from the lower utility costs from newer energy-efficient construction and the delayed replacement of major systems. Continue Reading Study Finds Greater Savings in Buying New Homes Versus Older Homes
Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
Looking ahead, rental stock growth is expected to be strongest in the Northeast (+1.1%) by the first quarter of 2027 Continue Reading Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
Mortgage Application Activity Up, Mortgage Credit Availability Down
The FHA share of total applications inched up to 17.9% from 17.7% the week prior. Continue Reading Mortgage Application Activity Up, Mortgage Credit Availability Down
Douglas Elliman Expands Mortgage Platform to California
The platform’s products include conventional and jumbo loans, construction financing, commercial lending, bridge loans, FHA and VA loans. Continue Reading Douglas Elliman Expands Mortgage Platform to California
Mid-Atlantic Home Sales Activity Rises in April
“While the spring housing market got off to a slow start, both buyers and sellers were much more eager in April,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Activity Rises in April
eXp Expands Brokerage Presence in California and Canada
The company debuted two new NextHome franchises in California and welcomed Edmonton-based Initia Real Estate into its network. Continue Reading eXp Expands Brokerage Presence in California and Canada
