U.S. Housing Market
Mortgage Rates Take a Mild Tumble
The 30-year fixed-rate mortgage averaged 6.43% as of July 2, down from last week when it averaged 6.49%. Continue Reading Mortgage Rates Take a Mild Tumble
Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
The Wall Street Journal reports the buyer was “a blond man dressed in black” who “declined to identify himself” the newspaper’s reporter. Continue Reading Casa Encantada, Historic LA Estate Mired in Foreclosure Battle, Sells at Auction for $130 Million
CoStar Group Adds AI Component to Apartments.com
The new offering follows CoStar Group’s recently introduced Homes Ai, an interactive conversational search experience designed for homebuyers. Continue Reading CoStar Group Adds AI Component to Apartments.com
Florida’s Closed and Pending Home Sales Increased in May
May marked the ninth month in a row that closed sales rose year-over-year in both property categories. Continue Reading Florida’s Closed and Pending Home Sales Increased in May
Single-Family Housing Starts Dropped 1.9% in May
“The decline in housing starts aligns with NAHB’s latest builder survey, which showed builder sentiment weakening further in June,” said Bill Owens, chairman of the National Association of Home Builders. Continue Reading Single-Family Housing Starts Dropped 1.9% in May
NAR: Q4 2025 Home Prices Up in 73% of Metro Areas
Mobile, Alabama, recorded the largest year-over-year median price spike with a 13.7% increase. Continue Reading NAR: Q4 2025 Home Prices Up in 73% of Metro Areas
Georgia Senate Passes Bill to Cap Statewide Property Taxes
“We need to protect our homeowners from double-digit increases,” said Sen. Chuck Hufstetler. Continue Reading Georgia Senate Passes Bill to Cap Statewide Property Taxes
Home Values Decline for Sixth Consecutive Month
The monthly mortgage payment on a typical home is now $1,733, which 8.4% less expensive than one year ago. Continue Reading Home Values Decline for Sixth Consecutive Month
Champion Homes Opens 67-Unit Affordable Community in Fresno
“The ability to use manufactured housing for scale and speed-to-market has a real impact,” said Champion Homes’ Chuck Bleth. Continue Reading Champion Homes Opens 67-Unit Affordable Community in Fresno
Decline in Mortgage Applications Blamed on Snowstorms
“The annual increase in purchase applications was the weakest since April 2025,” said MBA’s Joel Kan. Continue Reading Decline in Mortgage Applications Blamed on Snowstorms
Report: Builders Planning to Develop 1 Million ‘Trump Homes’
A White House official said the administration was not considering this program. Continue Reading Report: Builders Planning to Develop 1 Million ‘Trump Homes’
Disney Names Josh D’Amaro to Succeed Bob Iger as CEO
D’Amaro has served as chairman of the Disney Experiences segment since 2020. Continue Reading Disney Names Josh D’Amaro to Succeed Bob Iger as CEO
Median Luxury Home Sale Price Reaches $1.31 Million
While active listings of luxury homes for sale increased 5.6% year-over-year in December, that marked the slowest growth since April. Continue Reading Median Luxury Home Sale Price Reaches $1.31 Million
Oklahoma Gov. Stitt Calls for Freeze on Property Taxes
Stitt offered no details on how long his proposed freeze would stay in place or how the state would replace the revenue lost by a property tax freeze. Continue Reading Oklahoma Gov. Stitt Calls for Freeze on Property Taxes
Q4 2025 Report: 44.6% of Mortgaged Homes Were Equity-Rich
A total of 44.6% of mortgaged residential properties were considered equity-rich in the fourth quarter of 2025, according to a data report from ATTOM. This is down from 46.1% in the third quarter and further down from the recent peak of 49.2% in the second quarter of...
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