U.S. Housing Market

New Jersey’s $10,570 Average Property Tax Bill Hits Record High

by Phil Hall | Feb 11, 2026

Only 21 New Jersey towns recorded no change or a decrease in their property tax bills. Continue Reading New Jersey’s $10,570 Average Property Tax Bill Hits Record High

Homeowner Affordability Improves Slightly in California

by Phil Hall | Feb 11, 2026

More California households (28%) could afford a typical condo/townhome in the fourth quarter, rising from 27% in the prior quarter and from 25% one year before. Continue Reading Homeowner Affordability Improves Slightly in California

Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections

by Phil Hall | Jan 19, 2026

Judge David Jones said he was “satisfied” with Summit’s plan to mitigate the more than 6,500 housing code violations in Pinnacle’s portfolio. Continue Reading Judge Approves Sale of 93-Building NYC Portfolio Over Mamdani’s Objections

New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs

by Phil Hall | Jan 19, 2026

The Build Housing, Unlock Benefits and Services (HUBS) Act is from Sens. John Curtis (R-UT) and Lisa Blunt Rochester (D-DE). Continue Reading New Bipartisan Senate Bill Seeks to Fuel Housing Construction Near Transportation Hubs

Toll Brothers Begins Home Sales at New Jacksonville Community

by Phil Hall | Jan 19, 2026

Homes are priced from the mid-$500,000s. Continue Reading Toll Brothers Begins Home Sales at New Jacksonville Community

Mortgage Applications on New Home Purchases Up 8.5% from Last Year

by Phil Hall | Jul 17, 2025

The average loan size for new homes decreased from $379,209 in May to $376,077 in June. Continue Reading Mortgage Applications on New Home Purchases Up 8.5% from Last Year

Builder Confidence Inches Up Slightly

by Phil Hall | Jul 17, 2025

The latest HMI survey found 38% of builders cutting prices in July, the highest percentage since NAHB began tracking this figure in 2022. Continue Reading Builder Confidence Inches Up Slightly

Foreclosure Activity Rises During First Half of the Year

by Phil Hall | Jul 17, 2025

During the second quarter, there were 100,687 residential properties with a foreclosure filing, up 7% from the previous quarter and up 13% from one year ago. Continue Reading Foreclosure Activity Rises During First Half of the Year

Kentucky Home Sales Up During June

by Phil Hall | Jul 17, 2025

The state’s median sales price of $285,000 was up 2.2% month-over-month and up 4% year-over-year. Continue Reading Kentucky Home Sales Up During June

CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings

by Phil Hall | Jul 16, 2025

“How do agents and brokers keep earning commissions when Zillow aggressively holds the reins over four major real estate portals?” Florance asked. Continue Reading CoStar Group CEO Andy Florance Blasts Zillow’s ‘Anticompetitive’ Ban on Private Listings

Study: Detroit is the Top City for Property Tax Rates

by Phil Hall | Jul 16, 2025

When it comes to property taxes across the nation’s major cities, Detroit homeowners pay the highest amounts while their counterparts in Honolulu pay the lowest. According to the latest 50-State Property Tax Comparison Study published by the Lincoln Institute of Land...

Mortgage Application Activity and Credit Availability in Decline

by Phil Hall | Jul 16, 2025

The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10% on a seasonally adjusted basis. Continue Reading Mortgage Application Activity and Credit Availability in Decline