U.S. Housing Market
Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
The Empire Theater opened in 1925 and permanently closed in February 2021. Continue Reading Multifamily Housing Proposed at Site of Shuttered Historic San Francisco Theater
Builders Predict Construction Uptick in Single-Family Housing for 2026
“While mindful of some weakening for the labor market, the economy remains in solid shape,” said Robert Dietz, NAHB chief economist. Continue Reading Builders Predict Construction Uptick in Single-Family Housing for 2026
Existing Home Sales Up 2%
The $422,400 median existing-home price for all housing types last month was up by 0.2% from the $421,400 price set one year ago, Continue Reading Existing Home Sales Up 2%
15% of Home Purchase Agreements Fell Through in July
San Antonio led the nation with 730 aborted home-purchase agreements in July, equal to 22.7% of homes that went under contract last month. Continue Reading 15% of Home Purchase Agreements Fell Through in July
Zombie Properties on the Rise
“Vacant and zombie homes can hurt the value of surrounding properties and start a negative spiral in a local housing market,” said Rob Barber, CEO of ATTOM. Continue Reading Zombie Properties on the Rise
Pending home sales jump by most since June 2020 as housing market looks to rebound
Source: Yahoo! News --- Signed contracts to buy existing homes in the U.S. rose in January in the largest monthly increase since June 2020, as the housing market sets course for rebound mode. The National Association of Realtors’ index of pending home sales climbed...
Better Mortgage Launches Mortgage Product, called ‘Equity Unlocker’
Better Mortgage announced the launch of the Equity Unlocker program, a new financial product designed for those with vested equity in their employer, like many employees in the tech space. Amazon employees will be the first to have access to the Equity Unlocker, which...
Economist and Housing panel expects home prices will grow at a steady pace starting in 2024
Economists and housing experts polled in the latest Zillow Home Price Expectation (ZHPE) survey expect home prices to fall 1.6% through Dec. 2023. Affordability challenges are still dragging down demand for homes – lower mortgage costs in January translated into sales...
Home prices set for double-digit plunge in major Western US cities: Goldman Sachs
Source: New York Post --- Four US cities that experienced housing booms during the COVID-19 pandemic are set for major declines in home prices by the end of next year, according to Goldman Sachs analysts. The pandemic boomtowns of Austin, Seattle, Phoenix and San...
Realtor.com February Housing Report: Housing Inventory Recovery Continues, Giving Buyers More Options
The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market's continued rebalancing, according to the Realtor.co Monthly Housing Trends Report. Despite the significant...
In March, Mortgage Rates Will Have Little Reason to Fall
Source: Nerd Wallet --- March mortgage rates forecast The economic calendar in March is not friendly to mortgage rates. There's not much on it to motivate rates to fall. After rising sharply in February, mortgage rates are more likely to level off or go up a little...
Multifamily Real Estate Predictions For 2023
Source: Forbes --- The multifamily space has been performing incredibly well for the past two-plus years with record demands for rentals, surging rental rates and accelerated demographic changes that have had people flocking to new markets in droves. In aggregate,...
Home sales plummet in South Florida. Why do prices keep rising as housing market deflates?
Source: Florida Trend --- Home sales plummet in South Florida. Why do prices keep rising as housing market deflates? Many prospective homebuyers sent a strong message at the start of 2023: they are done trying to buy homes in South Florida, as annual sales nosedived...
What to expect as Spring Real Estate Market is about to kick into high gear
Source: Boston 25 News --- Mass — This is the time when home buyers and sellers come out of hibernation. The spring real estate market is the busiest time of year. Melissa Philley and her husband just hit the jackpot: they had an offer accepted on a single-family home...
Boise Housing Market Forecast
Source: US News --- Located near the foothills of the Rocky Mountains, Boise, Idaho consistently ranks highly among other metro areas for its quality of life and fast growth. Boise is a hub for many industries and a growing tech sector has helped boost the small...













