#us-housing-market

[ follow ]

Housing Affordability Hits 'Even the Middle Class' as Fewer Starter Homes Are Built, ex-HUD Secretary Says

The U.S. is facing a critical housing crisis as affordability declines for the middle class, with a focus on luxury homes and insufficient starter homes.
#mortgage-rates

Here's why home sales in 2024 fell to lowest level in nearly 30 years

US home sales fell to nearly a 30-year low in 2024 due to high mortgage rates and inventory shortages.

Housing market won't come 'unstuck' until 2026, economists predict - here's why

The US housing market is not expected to improve until at least 2026 without a recession, as stated by Wall Street economists.

National Home Prices Keep Sinking Boston Condos For Sale Ford Realty

Existing home sales have significantly declined in 2023, with concerns over rising insurance costs and fluctuating mortgage rates impacting buyer decisions.

Home sales slump in June, signaling buyer's market as prices hit another record high

US existing home sales dropped in June, setting a record high for median house prices; improving supply and lower mortgage rates may spur future activity.

Will Homeowners Finally Sell in 2025? Here's What the Experts Say, Amid a Glimmer of Hope

The U.S. housing market is sluggish with high mortgage rates, leaving buyers and sellers facing a difficult environment into 2025.

New home sales plummet 17% to 2-year low as rising mortgage rates sideline buyers

New single-family home sales in the US fell 17.3% in October, driven by rising mortgage rates and hurricane disruptions, marking a two-year low.

Here's why home sales in 2024 fell to lowest level in nearly 30 years

US home sales fell to nearly a 30-year low in 2024 due to high mortgage rates and inventory shortages.

Housing market won't come 'unstuck' until 2026, economists predict - here's why

The US housing market is not expected to improve until at least 2026 without a recession, as stated by Wall Street economists.

National Home Prices Keep Sinking Boston Condos For Sale Ford Realty

Existing home sales have significantly declined in 2023, with concerns over rising insurance costs and fluctuating mortgage rates impacting buyer decisions.

Home sales slump in June, signaling buyer's market as prices hit another record high

US existing home sales dropped in June, setting a record high for median house prices; improving supply and lower mortgage rates may spur future activity.

Will Homeowners Finally Sell in 2025? Here's What the Experts Say, Amid a Glimmer of Hope

The U.S. housing market is sluggish with high mortgage rates, leaving buyers and sellers facing a difficult environment into 2025.

New home sales plummet 17% to 2-year low as rising mortgage rates sideline buyers

New single-family home sales in the US fell 17.3% in October, driven by rising mortgage rates and hurricane disruptions, marking a two-year low.
moremortgage-rates
#real-estate-investment

Investors are quietly scooping up 1 in every 6 single-family homes in these cities

Investors are capitalizing on strong rental demand despite high home prices and interest rates.
Investors purchased one in every six homes in the second quarter, totaling $43 billion.

Japanese Company Quietly Becomes America's Fifth-Largest Homebuilder

Sekisui House is expanding in the U.S. homebuilding market, acquiring MDC Holdings and planning to train local construction workers.

Investors are quietly scooping up 1 in every 6 single-family homes in these cities

Investors are capitalizing on strong rental demand despite high home prices and interest rates.
Investors purchased one in every six homes in the second quarter, totaling $43 billion.

Japanese Company Quietly Becomes America's Fifth-Largest Homebuilder

Sekisui House is expanding in the U.S. homebuilding market, acquiring MDC Holdings and planning to train local construction workers.
morereal-estate-investment

CoreLogic: Mortgage delinquencies kept climbing in September

The mortgage delinquency rate in the U.S. increased to 3% in September 2024, marking a continuing trend of rising delinquency rates.
from 24/7 Wall St.
2 months ago

Young Adults Are Flocking to These Counties

Young adults accounted for a disproportionate share of moves in the U.S. in 2022, making up nearly 44% of relocations.
#home-prices

The Oceanfront Virginia Housing Markets Where Prices Are Falling

Rising demand and limited supply are driving up U.S. home prices, particularly in popular coastal areas, with varying trends observed in Virginia.

US home-price growth picks up with 'healthy gains' across cities

Home 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.

The Oceanfront Virginia Housing Markets Where Prices Are Falling

Rising demand and limited supply are driving up U.S. home prices, particularly in popular coastal areas, with varying trends observed in Virginia.

US home-price growth picks up with 'healthy gains' across cities

Home 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.
morehome-prices

Investors bought one in six homes sold in Q2 2024: Redfin

Investor home purchases increased 3.4% year over year in Q2 2024, contrasting with a decline in overall home purchases.
#home-sales

Pending home sales plunge to lowest level since pandemic began

High interest rates lead to a significant drop in US home purchase contract signings, with April levels at the lowest since the pandemic's onset.

February home sales unexpectedly jump 9.5% to 1-year high as mortgage rates dip

Home 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.

Pending home sales plunge to lowest level since pandemic began

High interest rates lead to a significant drop in US home purchase contract signings, with April levels at the lowest since the pandemic's onset.

February home sales unexpectedly jump 9.5% to 1-year high as mortgage rates dip

Home 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.
morehome-sales

Key housing markets are starting to buck national trends: Redfin

Two populous states, Texas and Florida, show signs of housing market pullback amidst nationwide price surge and supply constraints.

Want to buy a home in California? Here's how much you need to earn per year, Zillow says

Homeownership 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.

Can Mortgage Defaults Happen To The Downtown Boston Real Estate Market? Err... Yes Boston Condos For Sale Ford Realty

Mortgage 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.

Massachusetts condo sales surge in December

Sales of new single-family homes surged 8% between November and December.
December condo sales in Massachusetts increased by 15.29%.

Wall Street wants second mortgages expanded for 'the next big U.S. stimulus.' Is that wise?

Freddie Mac proposed to enter the secondary mortgage and home equity loans market, aiming to unlock an estimated $1-2 trillion in consumer spending.
Concerns arise regarding the proposal's potential impact on inflation and the already substantial home equity available to U.S. homeowners.

Homeowners sitting on a pile of cash with $17T in home equity: CoreLogic

Home equity in the US rose by $1.5 trillion in Q1 2024, with the average homeowner gaining $28,000 in equity, highest since late 2022.
[ Load more ]