U.S. Housing Market
KB Home Expands into Atlanta Market
Bill Schmidt, who joined the company in 2025 as division president, will lead KB Home’s operations throughout the region. Continue Reading KB Home Expands into Atlanta Market
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
Pending Home Sales Rise in April
Pending home sales in April were up by 1.4% from March and up by 3.2% from one year ago, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Northeast, Midwest and West, and declined in the South. Year-over-year...
California Median Home Price Sets New Record
Overall sales remained below the 300,000 mark for the 43rd consecutive month. Continue Reading California Median Home Price Sets New Record
A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
The recent articles seek to criticize an entire industry based on isolated incidents with four companies. Continue Reading A Phil Hall Op-Ed: The Wall Street Journal’s Strange Coverage of the Home Building Industry
California Housing Affordability at Highest Level in 4 Years
A minimum annual income of $204,800 was required to make the monthly payment of $5,120 on a 30-year fixed-rate mortgage at 6.24% in California. Continue Reading California Housing Affordability at Highest Level in 4 Years
New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
“The near-term rent growth outlook was maintained after modest first-quarter rent trends fell in line with expectations,” said Grant Montgomery, national director of multifamily analytics at CoStar Group. Continue Reading New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
Mortgage Rates Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. Continue Reading Mortgage Rates Up for Second Straight Week
Home Equity Rates Declined in Q1
ATTOM defined equity rich as the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value. Continue Reading Home Equity Rates Declined in Q1
Urban Construction Accounted for 11% of New Q1 Listings
Seven metros had a majority of their new construction listings in urban ZIP Codes in the first quarter. Continue Reading Urban Construction Accounted for 11% of New Q1 Listings
Ownify Debuts Home Fund in Colorado
The Ownify Home Fund Colorado will allow qualified first-time buyers to buy their homes through a shared equity partnership rather than with mortgage debt. Continue Reading Ownify Debuts Home Fund in Colorado
ICE Blamed for Austin Multifamily Property Going to Special Servicing
The 294-unit Villas Del Sol property fell delinquent on its Freddie Mac loan Continue Reading ICE Blamed for Austin Multifamily Property Going to Special Servicing
Mortgage Application Activity Down While Home Prices Continue to Rise
The national median single-family existing-home price rose 0.5% year-over-year to $404,300 in the first quarter. Continue Reading Mortgage Application Activity Down While Home Prices Continue to Rise
Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Currently, only disabled veterans who were prisoners of war qualify for property tax exemption in Missouri. Continue Reading Missouri Lawmakers Consider Resolution to Drop Property Taxes for Disabled Veterans
Zillow Preview Listings to Be Available on Realtor.com
The collaboration does not require a special login by users or either platform, and no brokerage relationship is required for access. Continue Reading Zillow Preview Listings to Be Available on Realtor.com
