U.S. Housing Market
Hits and Misses for the Real Estate Year of 2025
A look back at the year in real estate news. Continue Reading Hits and Misses for the Real Estate Year of 2025
The Most Expensive Celebrity Real Estate Deal of 2025 Is…
Film and television producer Byron Allen’s $82.5 million sale of his full-floor condo at 220 Central Park South in New York City topped the list. Continue Reading The Most Expensive Celebrity Real Estate Deal of 2025 Is…
Price Premium for New Construction Drops to Record Low
New build list prices declined in 30 of the nation’s 100 largest metros, with the steepest declines in the South. Continue Reading Price Premium for New Construction Drops to Record Low
Multifamily Developer Confidence Up Slightly During Q2
“Multifamily developer confidence and sentiment are showing slight signs of improvement when compared to this time last year,” said Debra Guerrero, chairman of NAHB’s Multifamily Council. Continue Reading Multifamily Developer Confidence Up Slightly During Q2
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Source: The New York Times --- Earlier in the pandemic, when many urbanites were leaving New York to work remotely in far-flung locations, Molly Parker Wade instead moved from the West Coast to Brooklyn to be closer to her family. After a year of renting, Ms. Wade, a...
Will the Tech Downturn Be the Death of SF Real Estate?
Source: The San Francisco Standard --- With mounting layoffs, sky-high interest rates and empty office buildings, the woes of San Francisco’s struggling tech-driven economy make headlines every day. Yet, as the city’s population shows signs of a comeback, what is the...
CFPB Loses Key IMB Redlining Case
Feb. 3, 2023 (Staff Writer) — Earlier today, a District Court in Chicago ruled in CFPB v. Townstone Financial Inc. and Barry Sturner that the Equal Credit Opportunity Act (ECOA) does not extend to prospective applicants under a plain language reading of the...
Think the housing market is bad? It’s even worse for affordable housing builders
Source: Deseret News --- The U.S. housing market is in the midst of a painful contraction after 2022 brought a volatile end to about two boiling hot years. It’s tough news — especially for homebuilders — as demand dries up and prices flatline or even begin to drop....
New $45 Million Affordable Housing Development Breaks Ground in Midtown Houston
Feb. 3, 2023 (Staff Writer) -- The NHP Foundation (NHPF), a national not-for-profit provider of affordable housing, announced today that it has begun construction of a new $45 million affordable housing development that will create 149 affordable rental apartments for...
New Home Lot Inventory Jumps In 4Q22, Zonda Reports in Lot Supply Index
Feb. 3, 2023 (Staff Writer) -- Zonda, the housing industry’s foremost advisors, released the New Home Lot Supply Index (LSI) for 4Q22. The New Home LSI, backed by data from Zonda, shows lot supply loosened year-over-year across the United States. The index is a...
Home Rents on the Rise: Double-Digit Increases in 52% of U.S. Cities
Feb. 3, 2023 (Staff Writer) -- Rentometer has released their Q4 2022 rent statistics for three-bedroom (3-BR) houses that are single-family rentals (SFRs). Rentometer collects data for all residential asset classes, but this report is focused on SFR because they are...
419 MoneyWise ‘We saved probably close to $100K’: Affluent Americans are snatching up prime real estate in other parts of the world — as the US housing market slumps. Here’s how to do it too
Source: Yahoo! Life --- Laetitia Laurent knows the value of looking far and wide for a good deal. The Florida-based business owner and her husband had been hunting for a second home for five years before snagging an incredible bargain — in Paris. She made an offer in...
US housing market seeing ‘meaningful’ damage that’s ‘not normal,’ CEO of investment firm warns
Source: Fox Business --- The U.S. housing market is in for a rough year, according to the CEO of one private equity investment firm. "In 23' it's going to be slow. I think we're going to have a tough row to hoe. I think that coming in the next year, you're really...
Understanding the Pandemic’s Lasting Impact on Real Estate
Source: Kellogg Insight --- Real estate markets tend to be cyclical, moving through distinct phases. Under ordinary times, this would give economists some sense of where the sector is headed next. But three years into a global pandemic that radically changed how—and...
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…
