U.S. Housing Market
Mortgage Application Activity Remains Flat
The FHA share of total applications decreased to 16.1% from 18.4% the week prior. Continue Reading Mortgage Application Activity Remains Flat
Kentucky Home Sales Drop Amid Spike in New Listings
“Despite being in the middle of real estate’s slower season, now is still a great time to buy in Kentucky,” said Kentucky Realtors CEO Josh Summers. Continue Reading Kentucky Home Sales Drop Amid Spike in New Listings
Trump Sparks Backlash Over Affordable Homeownership Comments
“We’re not going to destroy the value of their homes so that somebody that didn’t work very hard can buy a home,” said Trump. Continue Reading Trump Sparks Backlash Over Affordable Homeownership Comments
NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
He blamed the administration of his predecessor, Eric Adams, for his change in direction. Continue Reading NYC Mayor Mamdani Backpedals on Promise to Expand Housing Voucher Program
Zillow Unveils New Marketing Campaign
The campaign debuts on Feb. 1 during the telecast of the Grammy Awards on CBS and Paramount+. Continue Reading Zillow Unveils New Marketing Campaign
Report: Affordable Homeownership Remains Mostly Elusive
California had 16 of the 25 counties where affordable homeownership requires the highest annual income. Continue Reading Report: Affordable Homeownership Remains Mostly Elusive
Pending Home Sales Up in May
“Consistent job gains and rising wages are modestly helping the housing market,” said NAR Chief Economist Lawrence Yun. Continue Reading Pending Home Sales Up in May
FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
No deadline was set, but Pulte asked that the directive “should be implemented as soon as reasonably practical.” Continue Reading FHFA Orders Review for Using Cryptocurrencies in Mortgage Market
Ouch! New Home Sales Down by 13.7%
The median sales price of new houses sold in May was $426,600, a 3.7% uptick from the April price of $411,400. Continue Reading Ouch! New Home Sales Down by 13.7%
$110 Million Los Angeles Estate is May’s Most Expensive Home Sale
The most expensive current listing is 1960 S. Ocean Blvd, Manalapan, Florida 33462 at $285 million. Continue Reading $110 Million Los Angeles Estate is May’s Most Expensive Home Sale
HUD Proposes Eliminating Green Housing Mandate
“At HUD, we’re mission-minded and focused on helping to put affordable housing within reach for hardworking Americans,” said Secretary Scott Turner. Continue Reading HUD Proposes Eliminating Green Housing Mandate
Refinancing Fuels Mild Uptick in Mortgage Application Activity
“The average loan size for purchase applications declined to $436,300, the lowest level since January 2025,” said MBA’s Joel Kan. Continue Reading Refinancing Fuels Mild Uptick in Mortgage Application Activity
Rocket Mortgage to Offer Bridge Loans for Homeowners
“With this new flexibility, buyers can quickly and confidently secure their next home,” said Rocket’s Bill Banfield. Continue Reading Rocket Mortgage to Offer Bridge Loans for Homeowners
66-Unit Connecticut Multifamily Property Sells for $20.7 Million
The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. Continue Reading 66-Unit Connecticut Multifamily Property Sells for $20.7 Million
DC-Area Real Estate Agents Report DOGE Impacts on Home Selling
The median home price in the DC region was up 3.1% compared to a year ago, hitting a new record high of $659,950. Continue Reading DC-Area Real Estate Agents Report DOGE Impacts on Home Selling
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