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New home sales still growing from 2022 lows Apr. 23rd 2024
We have to remember the builders are growing sales because they live in a sub-6% mortgage rate world, not like the existing home marketplace.
HUD announces final rule to protect against flood risk Apr. 23rd 2024
The Federal Flood Risk Management Standard (FFRMS) is designed to protect families and federal investments against future flood risks
Experts share insights about the Fed, data ‘vibes’ and housing trends Apr. 23rd 2024
Three experts – Logan Mohtashami, Mike Simonsen and Daryl Fairweather – shared insights about the housing market at The Gathering.
New-home sales fared well in March Apr. 23rd 2024
Market headwinds haven’t dampened demand as the annualized sales rate grew 8.8% from February
Prices for pending home sales reach record high Apr. 22nd 2024
After a couple weeks of big jumps for mortgage rates, we’re still seeing relatively surprising strength in the housing market. In fact, some measures of home prices are now at their all-time highs, having surpassed the previous peak of two years ago. We’re watching a few key factors to see if homebuyers are backing off [....]
Finally, some healthy housing inventory growth Apr. 20th 2024
Housing inventory finally hit my target level of growth last week with mortgage rates now over 7.25%, something I couldn’t get all last year.
Prices for luxury homes soared in the first quarter Apr. 19th 2024
Luxury home prices in the U.S. surged by 8.7% year over year in the first quarter of 2024, with the median price hitting a record $1,225,000.
Pennsylvania home sales surge in March Apr. 19th 2024
Even as the spring homebuying season got off to a slow start across much of the U.S., one of the most populous states saw increased activity.
Why are existing home prices rising when sales are still so low? Apr. 18th 2024
Existing home sales fell in today’s report, but home prices are still up year over year, even with higher inventory and higher mortgage rates.
Elevated mortgage rates, home prices harm affordability: Redfin Apr. 18th 2024
The median monthly housing payment for U.S. homebuyers rose to a record $2,775 during the four-week period ending April 14.