SFGATE1 day agoBusinessUS housing starts, permits fall short as mortgage rates riseNew US home construction rose by less than expected in April, impacted by rising mortgage rates. Permits declined, pointing to future constriction in housing activity. [ more ]
SFGATE2 months agoSF real estateHome-price growth in the US accelerates as buyer demand picks upHome-price growth in the US accelerated in December, with a 5.5% rise from a year earlier. 30-year borrowing costs fluctuated, affecting buyer demand and contributing to higher purchase prices. [ more ]
SFGATE3 months agoSF real estateUS new-home sales exceed forecast on drop in mortgage ratesSales of new homes in the US exceeded forecasts in December due to lower mortgage rates. The median sales price of a new home dropped in December as more homes became available for sale. [ more ]
Entrepreneur4 months agoBusiness intelligence34 Cities Where Home Prices Are Predicted to Fall in 2024 | EntrepreneurZillow predicts home prices will fall in 34 of the largest US cities from November 2023 to November 2024. The main issue in the US housing market is a lack of demand, which is starting to push prices down as sellers lower their asking prices. [ more ]
SFGATE1 month agoSF real estateUS home-price growth picks up with 'healthy gains' across citiesHome prices in the US grew at the fastest rate since 2022, putting pressure on buyers. Inventory remains low, keeping prices high despite recent rise in homes listed for sale. [ more ]
New York Post3 months agoNYC real estateHome prices hit record high in November amid sagging inventoryHome prices rose for the 10th consecutive month in November as housing inventory remained low. Prices increased 5.1% nationally in November compared to the previous year. [ more ]
www.housingwire.com3 weeks agoBusinessKey housing markets are starting to buck national trends: RedfinTwo populous states, Texas and Florida, show signs of housing market pullback amidst nationwide price surge and supply constraints. [ more ]
New York Post1 month agoNYC real estateFebruary home sales unexpectedly jump 9.5% to 1-year high as mortgage rates dipHome sales in February rose 9.5% to a strong pace fueled by lower mortgage rates and increased inventory. Median sales price in February climbed to $384,500, the highest in records dating back to 1999. [ more ]
Sacramento Bee2 months agoCaliforniaWant to buy a home in California? Here's how much you need to earn per year, Zillow saysHomeownership affordability in the U.S. has significantly increased since 2020, making it harder for potential buyers to purchase homes. Average monthly mortgage payments for single-family homes have almost doubled in the U.S. since January 2020. [ more ]
Boston Condos For Sale Ford Realty3 months agoBostonCan Mortgage Defaults Happen To The Downtown Boston Real Estate Market? Err... Yes Boston Condos For Sale Ford RealtyMortgage defaults have increased by 16% year over year in the U.S. 1.3% of all consumer-level mortgages were in serious delinquency in Q4 2021. [ more ]
www.bostonreb.com3 months agoBostonMassachusetts condo sales surge in DecemberSales of new single-family homes surged 8% between November and December. December condo sales in Massachusetts increased by 15.29%. [ more ]