US Real Estate
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US Real Estate | LATEST STORIES
US Home Prices Maintain Upward Trend
Low inventories and expectations that mortgage rates could go lower are supporting market demand and pushing up prices.
Some Americans Say They Skipped Meals to Afford Housing Payment: Report
A typical household spends nearly 40 percent of their income on mortgage payments.
Big Jump in Homebuilder Sales Expectations on Hopes of New Regulatory Relief: NAHB
Builders expressed confidence that a Republican trifecta in Washington will boost the housing market by delivering regulatory relief.
US Existing Home Sales See Largest Monthly Gain in Nearly 3 Years
Pending transactions jumped in September, with many finalized in October, thereby boosting existing home sales numbers.
US Households Must Earn Nearly $108,000 to Afford a Median-Priced Home: Report
California accounted for four of the top five least affordable metros: San Jose, Los Angeles, San Diego, and San Francisco.
Nationwide Rents Remain Flat in October: Report
Virginia Beach and Washington saw the largest increases at more than 11 percent.
NAR Predicts 2025 Home Sales Will Grow by 9 Percent
Almost 90 percent of U.S. metro home prices swelled in the third quarter.
Mortgage Rates Climb Again, Pushing Homebuyers to the Sidelines: Freddie Mac
Refinance activity has also taken a significant hit as rates have risen.
Number of US Renter Households Growing Faster Than Homeowner Households
‘Renting is increasingly the only viable choice for many young people and families,’ Redfin senior economist Sheharyar Bokhari said.
Mortgage Refinance Demand Plunges 19 Percent as Rates Rise to Highest Level Since July
Mortgage activity fell sharply last week as mortgage rates climbed to their highest levels in months.
Homeowership Rates Remain Stable in United States: Report
The rental vacancy rates have gone up to the highest rate in five years.
US Zombie Foreclosures Drop Sharply, ‘Little or No Impact’ on Housing Markets: Report
‘With housing inventory back to early 2020 levels, first-time homebuyers should have plenty of options,’ the report states.
Homebuyers Lose $33,250 in Purchasing Power as Mortgage Rates Exceed 7 Percent: Report
Mortgage applications have declined by 27 percent amid rising rates.
New Trends in Single-Family Home Rentals Go Upscale
Today’s renters want more square footage, outdoor space, and parking.
30-Year Mortgage Rate Edges Toward 7 Percent: Freddie Mac
Rising Treasury yields are sending mortgage rates to summertime highs.
US Property Taxes Jump 30 Percent Nationwide Since 2019: Report
Median monthly taxes in the Florida cities of Jacksonville and Tampa have surged by nearly 60 percent.
US Home Sales Poised for Worst Year Since 1995 as ‘Lock-in Effect’ Persists
Many homeowners are tied to their properties by the ‘golden handcuffs’ of low interest rates, economists say.
Florida Hurricane Home Insurance: Bracing for the Worst
Rates are expected to reach new highs in 2025.
New Home Sales Spike to Highest Level in 16 Months: US Census
Many homebuyers are opting for new construction to benefit from builder promotions.
