Housing markets

Most participants in a monthly Wolters Kluwer survey no longer think the next short-term rate reduction will be in March.

While prices and mortgage rates are having an effect on consumers, homeownership is still more affordable than renting in much of the country, new research found.

Mortgage and housing industry groups cheered the U.S. Senate vote, which found only two Democrats crossing over to support Scott Turner's nomination.

Since the National Association of Realtors changed its commission payment rules on Aug. 17, the impact on agent compensation has varied.

Homeownership increased the most in Connecticut between 2019 and 2024.

While it is still early to see the full impact on delinquencies, 5% fewer borrowers in these areas made their monthly mortgage payment by Jan. 17.

Close to 88% of all homeowners reported staying in the same home year-over-year compared to 85.1% reported a decade ago, per U.S. Census data.

Contract signings fell 5.5% to 74.2 in December, according to a National Association of Realtors index released Thursday.

Nearly two-thirds of Americans said stubbornly high mortgage rates are keeping them from moving, so they are planning to fix up their homes, Angi found.

On an annual basis, home prices grew by 4.2% in November, FHFA's index found.

The homebuilder saw profits grow for the fourth straight quarter, even as the number of new orders decreased.

Harrisburg, Pennsylvania, is the top housing market for first-time homebuyers, having a median home price of $140,000 between November 2023 and November 2024.

Sales of new US homes ended 2024 on a high note in December as customers took advantage of incentives from builders, leading to a second straight year of increased purchases.  

Half of the underlying support for the token in the investment property sale of a Honolulu condominium will be backed by the borrower's cryptocurrency.

Contract closings of existing homes last month increased 2.2% to an annualized rate of 4.24 million, the most since February, according to National Association of Realtors data released Friday.

Higher mortgage rates will persist through 2026, affecting sales and refinancings. Those expectations led Fannie Mae to cut its volume outlook for the next two years.

Broward County in Florida has the highest property tax increase since 2019, at 56.80%.

Mortgage companies are looking for ways to open up credit to more borrowers, but insurance-cost spikes have made a difficult situation more challenging.

Mortgage applications for newly constructed homes continued to increase on a year-over-year basis, as existing home listings remain constrained.

A gauge of the outlook for home purchases over the next six months dropped 6 points to 60, the first decline since June, according to the NAHB and Wells Fargo.