U.S. Housing Market
New Reports Detail How LA Wildfires Changed Local Housing Market
A new wave of investors has turned up in search of real estate bargains. Continue Reading New Reports Detail How LA Wildfires Changed Local Housing Market
Iowa Home Sales Decline While Prices Rise 7%
Median sales price increased 7% to $244,950 in November from the $229,000 of one year before. Continue Reading Iowa Home Sales Decline While Prices Rise 7%
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
Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
San Jose led the nation with the greatest median asking rent increase – 8.8% year-over-year in July to $3,569. Continue Reading Building Permits for Apartments Down 23% Since the Pandemic Construction Boom
Indiana Home Sales Up 9% From One Year Ago
Last month’s median price of $275,000 was unchanged from June and 5% above the price in July 2024. Continue Reading Indiana Home Sales Up 9% From One Year Ago
Is the housing market recovering? Here’s why home builders feel ‘cautious optimism.’
Source: USA Today --- After every month in 2022 recorded a decline in builder confidence, could 2023 herald a change? It’s beginning to look that way. Builder confidence in the market for newly built single-family homes in February rose seven points to 42, marking a...
Housing Market: 6 Trends To Know for February 2023
Source: Yahoo! --- The current state of the U.S. housing market can best be described as “complicated.” Rising mortgage rates over the past year have steered many would-be buyers out of the market, leading to softer demand and declining home prices. But prices are...
San Francisco looks like a deflating Pandemic Housing Bubble—while housing markets in New York and Chicago remain stable
Source: Yahoo! News --- The home price correction has been fairly mild on a national level, with U.S. home prices falling just 2.5% between June and November. But on a regional level, the correction in the second half of 2022 was a mixed bag. Among the 20 major...
Will the Mortgage Third-Party Origination Channel Survive the Current Market?
Northpointe Bank, a regional bank headquartered in Michigan, has announced that they are closing their correspondent lending operations in April of 2023, and will shift their focus to retail lending, mortgage warehouse lending and specialty loan servicing. This...
Single women outpacing men in home ownership by millions
An analysis by LendingTree found that single women own millions more homes than their male counterparts, according to 2021 U.S. Census Bureau data. The analysis also uncovered that single women are more likely than single men to own their own home in 48 out of the 50...
Zillow Partnership with iBuyer Opendoor Launches in Atlanta, Raleigh
In August 2022, Zillow and Opendoor announced a multi-year partnership, bringing them together to transform how people initiate their move. The two companies announced that homeowners in Atlanta and Raleigh have a new way to explore multiple home-selling options on...
Housing Market Update: More Buyers Step Onto The Field, Luring Some Sellers Off The Sidelines
Source: Redfin --- Pending sales and new listings each posted their smallest declines since September. Homebuyer demand continues to increase from its fall low point despite mortgage rates ticking up this week. Seller activity is also picking up. Pending home sales...
The Housing Market Warms Up, but This Twist Could Plunge It Back Into a Freeze
Source: Realtor.com --- Is the housing market back? A surge in mortgage interest rates last year ground the real estate market to an abrupt halt, as scores of would-be buyers could no longer afford to purchase homes. But last month, as mortgage rates dipped and home...
US home prices are heading for a further drop this year even though mortgages are getting cheaper, a housing market expert says
Source: Insider --- US house prices are set to fall further this year as the Federal Reserve pushes ahead with interest-rate increases, according to real-estate veteran and board member of the Mortgage Bankers Association Jeff Taylor. "I anticipate on a national...
Rehab Warriors Is Upskilling Veterans Amid Fears of an Economic Downturn
Rehab Warriors, a workforce development model specializing in residential development, is working with veterans to jumpstart their careers to stave off an economic downturn through its workforce upskilling program. The start of 2023 saw more than 75,000...
Recent Posts
Hits and Misses for the Real Estate Week of Aug. 24-28- The Mortgage Market Is Healthy. That Doesn’t Mean Every Homeowner Is
- There Isn’t One U.S. Housing Market. We Need to Stop Talking Like The…
- Real Estate’s Next Fight Is Over Who Keeps the Homeowner Relationship
- More Borrowers Can Qualify for a Mortgage. That Doesn’t Make the Hous…
