U.S. Housing Market
Residential Property Vacancy Rate Holds Steady at 1.3%
Out of the country’s 104.6 million residential properties, 259,666 were in the foreclosure process during the third quarter. Continue Reading Residential Property Vacancy Rate Holds Steady at 1.3%
Alabama Home Sales Surge by 20% Year-Over-Year
The July median home price of $287,750 was up by $47,166 (or 19.6%) from one year before. Continue Reading Alabama Home Sales Surge by 20% Year-Over-Year
Mortgage Rates Record the Barest of Upticks
The 30-year fixed-rate mortgage averaged 6.66% as of Aug. 27, inching up from last week when it averaged 6.65%. Continue Reading Mortgage Rates Record the Barest of Upticks
We Made Mortgage Lending Safer. Did We Make It Too Safe?
Mortgage lending is safer than it has been in decades. But as credit standards remain tight and fewer moderate-credit borrowers obtain mortgages, John G. Stevens asks whether the industry has become too good at avoiding risk. Continue Reading We Made Mortgage Lending Safer. Did We Make It Too Safe?
Foreclosure Starts Increased 10% Year-Over-Year
Nevada led the nation with one foreclosure filing for every 1,703 housing units. Continue Reading Foreclosure Starts Increased 10% Year-Over-Year
Pending Home Sales Declined 2.3%
“The highest mortgage rates of the year hit right in the middle of summer, and that’s pulling back contract signings,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Declined 2.3%
Housing Starts Plummeted in July
“The July decline in housing starts reflects broader weakness in the housing market,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Plummeted in July
Cash Purchases for Homebuying Decline Amid Stabilizing Market
Among states, Mississippi (47.2%), Montana (45.9%), New Mexico (43.8%), Missouri (42.0%) and Florida (41.3%) posted the highest cash shares. Continue Reading Cash Purchases for Homebuying Decline Amid Stabilizing Market
Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
The new bill would also create pre-approved housing plans designed to streamline city approvals and permitting. Continue Reading Utah Lawmakers Consider Overriding Local Zoning Rules to Enable Smaller Home Construction
Florida Home Sales Achieve 11th Straight Month of Year-Over-Year Gains
The statewide median sales price for single-family existing homes last month was $425,000, up 3.7% compared to July 2025. Continue Reading Florida Home Sales Achieve 11th Straight Month of Year-Over-Year Gains
Tri Pointe Homes to Launch Sales at New North Carolina Townhome Community
The community will feature 134 two-story townhomes. Continue Reading Tri Pointe Homes to Launch Sales at New North Carolina Townhome Community
Report: Renting a Starter Home is Cheaper Than Buying in the 50 Largest Metro Areas
The national median asking rent for 0-2 bedroom properties across the 50 largest metros was $1,695 in July, down $24 or 1.4% from one year before. Continue Reading Report: Renting a Starter Home is Cheaper Than Buying in the 50 Largest Metro Areas
Redfin Listings Now Include Local Childcare Information
The Winnie data is now available on Redfin’s desktop and mobile websites and will be available in the Redfin app in September. Continue Reading Redfin Listings Now Include Local Childcare Information
Builder Confidence Remains Low Amid Affordability Concerns
“Our latest builder survey continues to show signs of weakness in the home building market,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Remains Low Amid Affordability Concerns
Mark-Dana Corp. Opens New Affordable Multifamily Community in Houston
The five-story development, which is now 60% leased, offers 78 apartments for households earning between 30% and 80% of the Area Median Income. Continue Reading Mark-Dana Corp. Opens New Affordable Multifamily Community in Houston
