U.S. Housing Market
Cash Purchases for Homebuying Decline Amid Stabilizing Market
Among states, Mississippi (47.2%), Montana (45.9%), New Mexico (43.8%), Missouri (42.0%) and Florida (41.3%) posted the highest cash shares. Continue Reading Cash Purchases for Homebuying Decline Amid Stabilizing Market
Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
The new bill would also create pre-approved housing plans designed to streamline city approvals and permitting. Continue Reading Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
International Buyers Spent $4 Billion to Buy Homes in Texas
International buyers accounted for 2.3% of all Texas residential transactions. Continue Reading International Buyers Spent $4 Billion to Buy Homes in Texas
Mortgage Application Fraud Risk Trended Higher in Q2
Cotality highlighted an increase in alerts related to borrowers purchasing a property in a state they have never lived in. Continue Reading Mortgage Application Fraud Risk Trended Higher in Q2
California Records Q2 Decline in Housing Affordability
During the second quarter, 19% of the state’s homebuyers could afford to purchase a median-priced, existing single-family home, down from 22% in the first quarter of 2026. Continue Reading California Records Q2 Decline in Housing Affordability
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
Report: NYC Mayor Mamdani Drops Plan for 9.5% Property Tax Hike
The property tax hike would require approval from the state government. Continue Reading Report: NYC Mayor Mamdani Drops Plan for 9.5% Property Tax Hike
Maine’s Home Sales and Prices Up in April
The median sales price statewide increased 2.72% to $410,865 from the April 2025 price of $400,000. Continue Reading Maine’s Home Sales and Prices Up in April
Blackstone Subsidiary Launches Lending Platform for Homebuilders
The new lending platform is supported by BREDS’ portfolio company, Brio Homebuilder Solutions, Continue Reading Blackstone Subsidiary Launches Lending Platform for Homebuilders
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