U.S. Housing Market
Pending Home Sales Up 1.5% in March
Month-over-month pending home sales increased in the Northeast and South but declined in the Midwest and West. Continue Reading Pending Home Sales Up 1.5% in March
Report: Land Prices Soared 77% Since the Pandemic
Raw land has appreciated the most of any development category, up 86.5% since the first quarter of 2019. Continue Reading Report: Land Prices Soared 77% Since the Pandemic
Mortgage Application Payments Decreased in February
“Unfortunately, this month’s turmoil in the Middle East has put upward pressure on mortgage rates, which in turn could impact overall affordability in the months ahead,” said MBA’s Edward Seiler. Continue Reading Mortgage Application Payments Decreased in February
238-Unit Mixed-Income Apartment Building Opens in New Haven
The five-story building as 57 units, or 20% of the residences, set aside for households earning an average of 50% of the area median income. Continue Reading 238-Unit Mixed-Income Apartment Building Opens in New Haven
‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Burry added that the housing market was “in for a long winter” if current economic conditions remain or worsen. Continue Reading ‘Big Short’ Investor Michael Burry: Fannie-Freddie IPO Not Happening Until at Least 2027
Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
These combined costs were up 4.7% from one year ago. Continue Reading Report: ‘Hidden Costs’ of Homeownership Nearly $16,000 Per Year
Mortgage Delinquency Rate Up During Q3
The delinquency rate was up 6 basis points from the second quarter and up 7 basis points from the third quarter of 2024. Continue Reading Mortgage Delinquency Rate Up During Q3
Indiana Home Sales Up 4%
Homes sold for a median price of $270,000, unchanged from September but 6% higher than in October 2024. Continue Reading Indiana Home Sales Up 4%
NYC Rents Soared in Month Before Mamdani’s Election
In Manhattan’s luxury real estate market, median prices reached $11,995, a 20% year-over-year spike. Continue Reading NYC Rents Soared in Month Before Mamdani’s Election
California Realtors Back Assumable Mortgage Idea
“Assumable loans could play a key role in unlocking housing opportunities for buyers,” said the organization. Continue Reading California Realtors Back Assumable Mortgage Idea
Former NYC Home of Lena Horne Listed for $1.2 Million
The 2,276-square-foot Tudor-Style house in the Addisleigh Park section of the St. Albans neighborhood in Queens was built in 1935 and includes six bedrooms and two-and-a-half bathrooms. Continue Reading Former NYC Home of Lena Horne Listed for $1.2 Million
Nationwide Median Price Up Slightly During October
New listings rose 10.1% year-over-year last month, marking the highest October listing volume since 2021. Continue Reading Nationwide Median Price Up Slightly During October
Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Lenders repossessed 3,872 properties through completed foreclosures last month, up 32% from October 2024. Continue Reading Foreclosure Activity Rises Year-Over-Year for Eighth Straight Month
Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
“Many of our nation’s heroes struggle to find housing options that fit both their needs and budgets,” said Waldon Fenster, a representative of Wolf Valley Homes. Continue Reading Wolf Valley Homes Launches Program to Encourage Homeownership for Veterans
New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
“Our biggest investment, for most of us in life, is our home,” said State Sen. Robert Singer. Continue Reading New Jersey Lawmaker Seeks Statewide Property Title Fraud Alerts
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