U.S. Housing Market
Foreclosure Activity Rises Annually for Eleventh Straight Month
Across the nation, one in every 3,547 housing units had a foreclosure filing in January. Continue Reading Foreclosure Activity Rises Annually for Eleventh Straight Month
New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
The bill has been referred to the House Committee on Ways and Means for consideration. Continue Reading New Bill Would Allow Homebuyers to Put Unused College Savings Toward a Down Payment
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
Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Ohio’s Senate has not set a date for the consideration of overriding the governor’s votes. Continue Reading Ohio House Overides Gov. DeWine’s Vetoes on Property Tax Reforms
Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Redfin reported new listings of homes for sale fell 3.2% in June to the lowest seasonally adjusted level since October 2023. Continue Reading Housing Inventory at 5-Year High, But New Listings are Near 2-Year Low
Hits and Misses for the Real Estate Week of July 14-18
A spike in foreclosure filings, Ohio’s dueling property tax relief efforts, and a congressman facing eviction. Continue Reading Hits and Misses for the Real Estate Week of July 14-18
RE/MAX: Home Sales Up for Fifth Straight Month
June’s median sales price of $440,000 was a 2/8% increase from the prior month. Continue Reading RE/MAX: Home Sales Up for Fifth Straight Month
Q2 Home Sales in Texas Up 1.4%
The statewide median price was $340,000, down 1.4% from the same quarter last year. Continue Reading Q2 Home Sales in Texas Up 1.4%
New Legislation Seeks to Address Systemic Bias in Home Appraisals
Six Democratic senators cosponsored the bill. Continue Reading New Legislation Seeks to Address Systemic Bias in Home Appraisals
New Bipartisan Bill Seeks Government Support for ADU Construction
The lawmakers stated the construction of new ADUs is needed to address the national housing shortage. Continue Reading New Bipartisan Bill Seeks Government Support for ADU Construction
Single-Family Housing Starts and Permits Down in June
Privately-owned housing were at a seasonally adjusted annual rate of 1.321 million, which is 4.6% above the revised May estimate of 1.26 million. Continue Reading Single-Family Housing Starts and Permits Down in June
California Home Sales Up, Reversing 3-Month Slump
California’s median home price fell for the second straight month in June to $899,560. Continue Reading California Home Sales Up, Reversing 3-Month Slump
Mortgage Rates on the Rise Again
The 30-year fixed-rate mortgage averaged 6.75% as of July 17. Continue Reading Mortgage Rates on the Rise Again
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