U.S. Housing Market
Study: Only 4.5% of Gen Zers are Homeowners
At the metro level, the widest Gen Z-to-boomer divides cluster in waterfront retiree hubs. Continue Reading Study: Only 4.5% of Gen Zers are Homeowners
Down Payment Levels at 4-Year Low
“Down payments are falling as the housing market slowly tilts toward buyers,” said Hannah Jones, senior economist at Realtor.com. Continue Reading Down Payment Levels at 4-Year Low
Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High
The foreclosure inventory rose to 273,000 in March, up from 213,000 a year ago, marking the largest such volume since February 2020. Continue Reading Mortgage Delinquencies Decline While Prepayment Activity Nears a 4-Year High
Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
The Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88 counties by July 1. Continue Reading Initiative to Create Ballot Measure on Eliminating Ohio Property Taxes is Falling Short of Goals
Lennar Debuts New Central Oregon Community
Pricing starts in the high $300,000s. Continue Reading Lennar Debuts New Central Oregon Community
Report: 53% of All Homes Lost Value Since Last Year
Only 4% of homes have lost value since they were last sold, a smaller share than before the pandemic. Continue Reading Report: 53% of All Homes Lost Value Since Last Year
New Forecast Predicts 14% Spike in Existing Home Sales During 2026
“As we go into next year, the mortgage rate will be a little bit better,” said Chief Economist Lawrence Yun. Continue Reading New Forecast Predicts 14% Spike in Existing Home Sales During 2026
Hits and Misses for the Real Estate Week of Nov. 10-14
Trump’s 50-year mortgage plan, the continued upswing in foreclosure activity, and a military base’s unlikely neighbor. Continue Reading Hits and Misses for the Real Estate Week of Nov. 10-14
80% of Montana Homeowners Received a Property Tax Cut This Year
Over 235,000 Montana homeowners have claimed and received a property tax rebate. Continue Reading 80% of Montana Homeowners Received a Property Tax Cut This Year
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
