U.S. Housing Market
New Report Finds National Average for Mortgage Closing Costs Down by 3%
The greatest single-market shift during this period occurred in the District of Columbia, where closing costs dropped 21.1%. Continue Reading New Report Finds National Average for Mortgage Closing Costs Down by 3%
DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida’s Property Taxes
“I think most people are going to be supportive of it, but I don’t know that,” he stated. Continue Reading DeSantis, in Reversal, Declines to Campaign for Measure Ending Florida’s Property Taxes
Mortgage Rates Are Back on the Rise
The 30-year fixed-rate mortgage averaged 6.52% as of June 11. Continue Reading Mortgage Rates Are Back on the Rise
Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year
“While foreclosure activity eased from April levels, the broader trend remains one of gradual year-over-year growth,” said Rob Barber, CEO at ATTOM. Continue Reading Foreclosure Filings Down Month-Over-Month But Continue Rising Year-Over-Year
Median Sold Price in Mid-Atlantic Region Hits Record High
“While inventory is increasing, there are some markets where supply is still not keeping pace with demand,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Median Sold Price in Mid-Atlantic Region Hits Record High
Record Number of $1 Million-Plus Homes Sold in Texas
“Luxury home sales are small but powerful,” said Jennifer Wauhob, president of Texas Realtors. Continue Reading Record Number of $1 Million-Plus Homes Sold in Texas
Trump Suggests He is Opposed to Lowering Home Prices
“Now if I want to really crush the housing market, I could do that so fast and people could buy houses,” he said. Continue Reading Trump Suggests He is Opposed to Lowering Home Prices
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Refinancing Inquiries Spark Upswing in Mortgage Application Activity
The FHA share of total applications decreased to 15.9% from 19.2% the week prior. Continue Reading Refinancing Inquiries Spark Upswing in Mortgage Application Activity
New York State Home Sales Up 2.5%
Home prices extended the streak of 29 consecutive months of rising values with a 4.2% year-over-year upswing to $440,000. Continue Reading New York State Home Sales Up 2.5%
Report: National House Prices Nearly Unchanged in 2025
December was the fifth consecutive month where annual house price appreciation remained below 1%. Continue Reading Report: National House Prices Nearly Unchanged in 2025
‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
The mansion is not in Bel-Air – it is located in Brentwood. Continue Reading ‘Fresh Prince of Bel-Air’ Mansion Coming to Market for Just Under $30 Million
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
Programs offer forgivable grants to homebuyers earning up to 80% of the area median income. Continue Reading Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs
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