U.S. Housing Market
Percentage of First-Time Homebuyers Falls to All-Time Low
35% of Gen Z buyers were single females, the highest share among all generations. Continue Reading Percentage of First-Time Homebuyers Falls to All-Time Low
Refinancing Surge Drives Up Mortgage Application Activity
The Refinance Index increased 5% and was 15% higher than the same week one year ago. Continue Reading Refinancing Surge Drives Up Mortgage Application Activity
Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
The four most expensive homes sold last month brought in $50 million or more, while all 10 sold for north of $30 million. Continue Reading Florida Mansion, 5 NYC Properties Topped February’s Most Expensive Home Sales
New York State Housing Inventory at Record Low
The statewide median sales price last month was $425,000, unchanged from February 2025. Continue Reading New York State Housing Inventory at Record Low
Mid-Atlantic Home Sales Down Amid Decline in New Listings
“The outlook for the spring homebuying season in the Mid-Atlantic has become cloudier,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Down Amid Decline in New Listings
Mortgage Rates Take Another Tumble
The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16. Continue Reading Mortgage Rates Take Another Tumble
Builder Confidence Rises Despite Market Challenges
“The HMI gain in October is a positive signal for 2026 as our forecast is for single-family housing starts to gain ground next year,” said NAHB Chief Economist Robert Dietz. Continue Reading Builder Confidence Rises Despite Market Challenges
Q3 Home Sales Profits Near 50% Margin
The median national sales price in the third quarter was $370,000. Continue Reading Q3 Home Sales Profits Near 50% Margin
NYC Median Rent Up 5.4% from Last Year
Smaller apartments recorded the greatest rent gains with a 6.0% year-over-year spike to $3,581, Continue Reading NYC Median Rent Up 5.4% from Last Year
New Home Purchase Mortgage Applications Up 2% in September
The average loan size for new homes increased from $374,288 in August to $379,107 in September. Continue Reading New Home Purchase Mortgage Applications Up 2% in September
Who Wants to Buy a Haunted House? You Might Be Surprised!
Two-thirds of survey respondents believe it is the government’s job to require sales disclosures that house is haunted. Continue Reading Who Wants to Buy a Haunted House? You Might Be Surprised!
California Home Sales Rebounded in September
In September, California’s median home price fell 1.7% to $883,640, down from $899,130 in August. Continue Reading California Home Sales Rebounded in September
Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Only 36% believed they had the financial wherewithal for that responsibility. Continue Reading Survey: 1 in 5 Gen Zers Cite Housing Affordability as Their Greatest Concern
Mortgage Application Activity Slows Again
The FHA share of total applications increased to 20.5% from 18.5% the week prior while the VA share of total applications dropped to 14.9% from 16.3%. Continue Reading Mortgage Application Activity Slows Again
William Holden’s Palm Springs Estate Listed for $11 Million
The property, which was listed as a historic site by the City of Palm Springs in 2018, last sold in 2017 for $3.4 million. Continue Reading William Holden’s Palm Springs Estate Listed for $11 Million
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