Real Estate

In some markets, homeownership makes more sense than renting as costs are similar, while in expensive coastal areas, many potential buyers must rent.

Redfin said the city’s booming tech sector and tight inventory helped make it the nation’s most expensive major metro.

The number of properties with a foreclosure filing was up by 26 percent year over year.

More than 60 percent of builders said suppliers have raised prices of building materials due to higher fuel costs.

‘The very gradual erosion is a sign of just how durable the lock-in [effect] is,’ Realtor.com’s Hannah Jones said.

The new numbers prompted the National Association of Realtors to downgrade its forecast of existing home sales growth for the full year to a modest 4 percent.

The 2026 Economic Report of the President cites a six-figure ‘bureaucrat tax’ as a key driver of higher costs of building a new home.

The average effective tax rate on single-family residences was 0.9 percent, the highest since 2020, according to ATTOM.

The sellers reduced their listing prices by an average of 7.3 percent, the highest for any February since 2023.

Growth in the number of advanced industry companies in the state has slowed significantly, according to a Chapman University report.

Nantucket, Vineyard Haven, and Jackson lead a group of small U.S. markets where million-dollar homes are the norm.

The weekly mortgage rate has gone up from less than 6 percent to 6.46 percent in just over a month.

Many older Americans are choosing not to move partly because of a shortage of smaller, reasonably priced homes and a desire to stay near family, Redfin says.

Meanwhile, the vacancy rate hit 7.3 percent, the highest since 2017, according to Apartment List.

The average rate on a 30-year fixed mortgage rose again last week, while home purchase and refinancing applications fell.

The typical home under contract in February spent 66 days on the market, Redfin says.

At the beginning of this year, 90,300 apartments were in the process of conversion nationwide, according to RentCafe.

The increase represents the highest in six months, according to a survey by Freddie Mac.

A new product allows borrowers to pledge bitcoin or USD Coin to secure a second loan for a down payment on Fannie Mae-eligible home loans.

Redfin attributes the rise in back-outs to the influx of additional buyer options.

In some markets, homeownership makes more sense than renting as costs are similar, while in expensive coastal areas, many potential buyers must rent.

Redfin said the city’s booming tech sector and tight inventory helped make it the nation’s most expensive major metro.

The number of properties with a foreclosure filing was up by 26 percent year over year.

More than 60 percent of builders said suppliers have raised prices of building materials due to higher fuel costs.

‘The very gradual erosion is a sign of just how durable the lock-in [effect] is,’ Realtor.com’s Hannah Jones said.

The new numbers prompted the National Association of Realtors to downgrade its forecast of existing home sales growth for the full year to a modest 4 percent.

The 2026 Economic Report of the President cites a six-figure ‘bureaucrat tax’ as a key driver of higher costs of building a new home.

The average effective tax rate on single-family residences was 0.9 percent, the highest since 2020, according to ATTOM.

The sellers reduced their listing prices by an average of 7.3 percent, the highest for any February since 2023.

Growth in the number of advanced industry companies in the state has slowed significantly, according to a Chapman University report.

Nantucket, Vineyard Haven, and Jackson lead a group of small U.S. markets where million-dollar homes are the norm.

The weekly mortgage rate has gone up from less than 6 percent to 6.46 percent in just over a month.

Many older Americans are choosing not to move partly because of a shortage of smaller, reasonably priced homes and a desire to stay near family, Redfin says.

Meanwhile, the vacancy rate hit 7.3 percent, the highest since 2017, according to Apartment List.

The average rate on a 30-year fixed mortgage rose again last week, while home purchase and refinancing applications fell.

The typical home under contract in February spent 66 days on the market, Redfin says.

At the beginning of this year, 90,300 apartments were in the process of conversion nationwide, according to RentCafe.

The increase represents the highest in six months, according to a survey by Freddie Mac.

A new product allows borrowers to pledge bitcoin or USD Coin to secure a second loan for a down payment on Fannie Mae-eligible home loans.

Redfin attributes the rise in back-outs to the influx of additional buyer options.