U.S. Housing Market
Residential Property Vacancy Rate Holds Steady at 1.3%
Out of the country’s 104.6 million residential properties, 259,666 were in the foreclosure process during the third quarter. Continue Reading Residential Property Vacancy Rate Holds Steady at 1.3%
Alabama Home Sales Surge by 20% Year-Over-Year
The July median home price of $287,750 was up by $47,166 (or 19.6%) from one year before. Continue Reading Alabama Home Sales Surge by 20% Year-Over-Year
Foreclosure Starts Increased 10% Year-Over-Year
Nevada led the nation with one foreclosure filing for every 1,703 housing units. Continue Reading Foreclosure Starts Increased 10% Year-Over-Year
Homebuyer Affordability Improved Slightly in July
he national median mortgage payment for conventional loan applicants was $2,184. Continue Reading Homebuyer Affordability Improved Slightly in July
2 Connecticut Office Buildings to be Converted into Multifamily Housing
Last January, the other four buildings within the Merritt 7 office park were sold for $58.5 million. Continue Reading 2 Connecticut Office Buildings to be Converted into Multifamily Housing
Mortgage Rates Decline Slightly
The 30-year fixed-rate mortgage averaged 6.67% as of Aug. 13, down from last week when it averaged 6.69%. Continue Reading Mortgage Rates Decline Slightly
Multifamily Lending Volume Up 32% Year-Over-Year in 2025
The top five multifamily lenders in 2025 by dollar volume were JPMorgan Chase & Co., Wells Fargo, Walker & Dunlop, Berkadia, and CBRE. Continue Reading Multifamily Lending Volume Up 32% Year-Over-Year in 2025
July’s Housing Market Had 51.3% More Sellers Than Buyers
“Buyers are dropping out faster than sellers, giving the buyers who remain more options and more negotiating power,” said Asad Khan, a senior economist at Redfin. Continue Reading July’s Housing Market Had 51.3% More Sellers Than Buyers
Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden
The garden would have been razed in favor of a 123-unit housing project, but the plan drew opposition from many local residents. Continue Reading Mamdani Drops Campaign Pledge to Build Affordable Housing at Site of Lower Manhattan Garden
Mortgage Delinquency Rate Down Slightly in Q2
“Some loans are continuing to move to later stages of delinquency,” said MBA’s Marina Walsh. Continue Reading Mortgage Delinquency Rate Down Slightly in Q2
New Forecast Points to Increased Multifamily Rent Growth
“The near-term rent growth outlook reflects second-quarter rent trends slightly exceeding expectations,” said CoStar Group’s Grant Montgomery. Continue Reading New Forecast Points to Increased Multifamily Rent Growth
Maine Home Sales Surged in July
“Active home sale listings exceeded 6,200 for the first time since December 2019, resulting in the eighth best July since the year 2000,” said Judy Oberg, 2026 president of the Maine Association of Realtors. Continue Reading Maine Home Sales Surged in July
Mortgage Application Activity Perks Up
The Refinance Index increased 5% from the previous week, but it was also 22% lower than the same week one year ago. Continue Reading Mortgage Application Activity Perks Up
GO Residential REIT Buys 27 Properties from H&R REIT Valued at $2.8 Billion
he transaction is designed to expand GO’s residential portfolio beyond New York City into major Sunbelt markets. Continue Reading GO Residential REIT Buys 27 Properties from H&R REIT Valued at $2.8 Billion
Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax
The president cited “the Radical Left Jihadists” running the city and the state. Continue Reading Trump Threatens Federal Intervention to Stop Mamdani’s Pied-à-Terre Tax
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