US Real Estate
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US Real Estate | LATEST STORIES
Home Purchase Cancellations Fall in April as Contract Signings Hit 4-Year High
Redfin attributes the dip to buyers and sellers gaining a better sense of current market conditions.
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Most Affordable US Cities: Cooling Hot Markets Meet Cities Striving for Revival
Flint, Michigan, was named as the top affordable city.
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US Pending Home Sales Rise for 3rd Straight Month in April: NAR
The National Association of Realtors said buyers are entering the market with ‘cautious optimism’ amid economic uncertainty and rising mortgage rates.
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DIY Homeowners Spur Springtime Sales at Home Depot
The company’s net earnings fell by 4.2 percent year over year.
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Builder Sentiment Ticks Up in May, but Affordability Still Weighs on Sales
Nearly one-third of homebuilders in the United States slashed prices in May, according to the National Association of Home Builders.
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Home Prices Register Biggest Annual Increase in More Than a Year: Report
More sellers are entering the market, with active sales listings hitting the highest level since March 2020.
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Buyers and Sellers Both Come Off the Sidelines in April, Report Says
Redfin still characterizes the current market as a buyer’s market, but no longer a ‘strengthening’ buyer’s market.
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US Rents Fall for 33rd Straight Month as Multifamily Construction Surges
More than three-fourths of the top 50 metro areas recorded annual declines in rents, according to Realtor.com.
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Dream Finders Proposes $704 Million All-Cash Offer for Beazer Homes
The proposed merger would create the nation’s seventh-largest homebuilder.
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US Existing Home Sales Flat in April: NAR
Sales rebounded to a 0.2 percent increase in April from a 3.6 percent decline in March, but showed little ‘spring’ during the peak homebuying season.
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Less Than 11 Percent of New Construction Is in Urban Areas, Report Finds
The report shows that nearly 80 percent of new homes for sale are located in suburban areas, compared with more than 55 percent of existing homes.
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US Pending Home Sales Hit Nearly 4-Year High
Housing costs have come down over the past year amid a decline in mortgage rates, attracting buyers to the market.
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Multi-Generational Households on the Rise, With California Leading the Way, Report Finds
Realtor.com attributes rising demand for such homes to higher housing and child care costs, cultural traditions, and more adapted housing stock.
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New Homebuyers in Some Cities Face Double the Property Taxes of Their Neighbors
The longer a homeowner remains in the house and the faster the home values rise, the wider the property tax gaps grow, according to a new study.
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US Mortgage Debt Hits $13.2 Trillion, Average Household Owes Nearly $109,000
Mortgage debt has been on an upward trend over the past few years, WalletHub said.
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US Single-Family Housing Starts Reach 13-Month High in March
Building permits for privately owned housing units dropped by 10.8 percent from February.
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HUD Rescinds Housing Policy, Shaving $20,000 Off Home Construction Costs
The policy made new home construction ineligible for USDA or FHA-backed mortgages unless it complied with ‘burdensome’ energy conservation standards.
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Home Prices Fall in More Than Half of Major Metro Markets: Case-Shiller
The national housing price index rose 0.7 percent year over year in February.
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US Homebuilders Lean on Incentives to Unload Homes in Challenging Market
D.R. Horton expects its incentive levels to remain elevated and increase further.
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New Listings Tick Up 3 Percent as Mortgage Rates Continue to Slide
The 30-year fixed mortgage rate has dipped to 6.23 percent, according to Freddie Mac.
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