U.S. Housing Market
NYC Mayor Mamdani Unveils ‘Block by Block’ Housing Plan
“At a moment when working people are being pushed out of the city they built, New York cannot afford half-measures or delays,” said Mamdani. Continue Reading NYC Mayor Mamdani Unveils ‘Block by Block’ Housing Plan
Luxury Home Prices Up by Nearly 4%
New listings of luxury homes rose 2% year-over-year during the three months ending April 30, compared with a 0.6% gain in non-luxury new listings. Continue Reading Luxury Home Prices Up by Nearly 4%
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
Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
In April, he listed the property for just under $14 million but later withdrew the listing when there was no buyer interest. Continue Reading Gene Simmons Relists Beverly Hills Estate with $1 Million Price Cut
Illinois Home Prices Rising While Sales Decline
The city of Chicago experienced an 11.8% year-over-year decrease in sales. Continue Reading Illinois Home Prices Rising While Sales Decline
Report: Typical Household Needs 7 Years to Save for a Down Payment
In many expensive coastal metros, saving for a typical down payment can take 20 to more than 35 years. Continue Reading Report: Typical Household Needs 7 Years to Save for a Down Payment
Pending Home Sales Up 3.3%
On a regional measurement, pending home sales were up month-over-month and year-over-year in the Northeast, Midwest, South, and West. Continue Reading Pending Home Sales Up 3.3%
HUD Secretary Turner: 50-Year Mortgage Plan Needs More Research
Housing and Urban Development (HUD) Secretary Scott Turner declined to endorse President Trump’s proposal of a 50-year mortgage plan to help reanimate the housing market, stating the idea needed to be studied further before being put forth as a solution to the...
Washington Lt. Gov. Proposes Turning Vacant Strip Malls and Big Box Stores into Housing
“If done correctly, it’s a win, win, win, win, win,” said Lt. Gov. Denny Heck. Continue Reading Washington Lt. Gov. Proposes Turning Vacant Strip Malls and Big Box Stores into Housing
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…
New Jersey Home Sales Slump While Prices Keep Rising
The median sale price on a single-family home increased by 4.4% to $590,000. Continue Reading New Jersey Home Sales Slump While Prices Keep Rising
$15 Million Allocated for Virginia Workforce Housing Investment Program
The new funding will be used to support middle-income housing development in 14 localities. Continue Reading $15 Million Allocated for Virginia Workforce Housing Investment Program
Recent Posts
New Data Reports Find Mixed Results in April Home Price Activity- Luxury Home Prices Are Rising 3-Times Faster Than Non-Luxury Prices
- NYC to Begin Contacting Luxury Property Owners for Mamdani’s New Pied…
- New Partnership Seeks to Deliver 4,000 Affordable Housing Units Across Los …
- New Report Finds National Average for Mortgage Closing Costs Down by 3%
