U.S. Housing Market
Virginia Home Sales Up 7.6%
Last month’s median sales price climbed to $460,000, up more than 3% from June 2025. Continue Reading Virginia Home Sales Up 7.6%
Mortgage Delinquency Rate Inches Up to 3.55%
The share of mortgages in active foreclosure reached 0.53% in June, the highest level in six years, as foreclosure activity continued to normalize. Continue Reading Mortgage Delinquency Rate Inches Up to 3.55%
Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
Wright was commissioned by Seamour and Gertie Shavin to create the residence. Continue Reading Frank Lloyd Wright’s Only Tennessee Home Listed for First Time at $1.6 Million
List Prices Record Steepest Annual Decline in 9 Years
“Eight straight months of falling prices and seven straight months of rising pending sales are not a contradiction,” said Danielle Hale, chief economist at Realtor.com. Continue Reading List Prices Record Steepest Annual Decline in 9 Years
Mortgage Application Activity Records Slight Uptick
The FHA share of total applications decreased to 16.9% from 17.9% the week prior. Continue Reading Mortgage Application Activity Records Slight Uptick
Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
During the third quarter of 2025, 21.2% of outstanding mortgages carried interest rates of 6% or higher, compared to the 20.0% share with rates below 3%. Continue Reading Mortgages Above 6% Now Exceed Share of Mortgages Below 3%
Mortgage Application Activity Soars by 28.5%
“Refinance applications surged 40% to the strongest weekly pace since October 2025,” said MBA’s Joel Kan. Continue Reading Mortgage Application Activity Soars by 28.5%
Mid-Atlantic Home Sales Up by Only 0.1% in 2025
“There is a lot of pent-up demand in the market, and buyers do have more choices than they have had in years,” said Bright MLS Chief Economist Lisa Sturtevant. Continue Reading Mid-Atlantic Home Sales Up by Only 0.1% in 2025
October New Home Sales Up 18.7% Year-Over-Year
The three-month delay in the release of the October data is due to the recent federal government shutdown. Continue Reading October New Home Sales Up 18.7% Year-Over-Year
Kansas Lawmakers Consider New Cap on Property Tax Assessments
The resolution does not change property tax rates. Continue Reading Kansas Lawmakers Consider New Cap on Property Tax Assessments
Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
The lawsuit noted construction is being positioned in the historic North Beach and Fisherman’s Wharf areas and in formerly off-limits lower-income neighborhoods. Continue Reading Lawsuit Filed to Stop San Francisco’s Family Zoning Plan to Build New Housing Developments
White House Dropping Plans for 50-Year Mortgage
“I think we have other priorities,” said FHFA Director Bill Pulte. Continue Reading White House Dropping Plans for 50-Year Mortgage
Hits and Misses for the Real Estate Week of Jan. 5-9
A pair of unexpected housing policy proposals, an unfair accusation against a hotel chain, and an unlikely new theme park. Continue Reading Hits and Misses for the Real Estate Week of Jan. 5-9
Housing Starts Up in October
Single-family housing completions in October were at a rate of 1 million, a 6% increase from the revised September rate of 952,000. Continue Reading Housing Starts Up in October
South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
“It’s important that the relief is fiscally responsible,” said Dusty Johnson. Continue Reading South Dakota Candidate for Governor Proposes 2-Year Property Tax Waiver for First-Time Homebuyers
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