U.S. Housing Market
Mortgage Credit Availability Improved in February
“Most of last month’s supply growth was in loan programs that allowed for cash-out refinance and on investor homes,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved in February
Existing Home Sales Up by 1.7% in February
The median existing home price for all housing types in February was $398,000, up by 0.3% from one year ago ($396,800). Continue Reading Existing Home Sales Up by 1.7% in February
Florida Home Sales Rise as Prices Decline
The statewide median sales price for single-family existing homes last month was $405,000, down 1.2% from January 2025. Continue Reading Florida Home Sales Rise as Prices Decline
Builders Remain Pessimistic on Single-Family Home Market
“Housing affordability remains an ongoing challenge at the start of 2026,” said NAHB Chief Economist Robert Dietz. Continue Reading Builders Remain Pessimistic on Single-Family Home Market
Report: Rental Housing Market Now Considered ‘Renter-Friendly’
A handful of coastal metros remain the exception to the renter-friendly trend. Continue Reading Report: Rental Housing Market Now Considered ‘Renter-Friendly’
New Home Sales Surge by 20.5%
The median sales price of new houses sold last month was $413,500. Continue Reading New Home Sales Surge by 20.5%
Mortgage Application Activity Records Slight Uptick
Among the federal programs, the FHA share of total applications decreased to 15.7% from 16.3% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Virginia Home Sales Hold Steady Amid Surge in New Listings
The statewide median sales price reached $430,000, a 3.6% increase from August 2024. Continue Reading Virginia Home Sales Hold Steady Amid Surge in New Listings
Forecast Warns of 10% Spike in Electric Heating Costs This Winter
NEADA is also predicting higher natural gas costs, with the average household gas bill increasing from $639 to $693. Continue Reading Forecast Warns of 10% Spike in Electric Heating Costs This Winter
Florida Records Surge in Pending Home Sales
The statewide median sales price for single-family existing homes in August was $410,000, down 0.4% year-over-year. Continue Reading Florida Records Surge in Pending Home Sales
Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
During July, homes marketed as fixer-uppers came with a median list price tag of just $200,000, which is 54% below the $436,250 median for all single-family homes. Continue Reading Report: Fixer-Uppers Generate More Page Views Than Comparable Older Homes
Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
The plaintiff, who was not publicly identified, is seeking class-action status for the lawsuit that will include financial compensation of up to $25,000 a person. Continue Reading Homebuyer’s Lawsuit Accuses Zillow of Deceptive Practices
New Pilot Program Aimed at Expanding Homeownership in Detroit
The mortgage product will provide qualified borrowers with up to 40% of a home’s purchase price in down payment assistance without adding any monthly debt. Continue Reading New Pilot Program Aimed at Expanding Homeownership in Detroit
California Home Sales Edged Up During August
The statewide median home price hit $899,140 in August, up by 1.7% from the prior month and up 1.2% from one year before. Continue Reading California Home Sales Edged Up During August
Pennsylvania Home Sales Hold Steady
The median home sales price rose 6.4% to $319,250 in August, up from $300,000 one year earlier. Continue Reading Pennsylvania Home Sales Hold Steady
