Prices keep rising because this spring’s inventory is lower than usual. The sliver of good news for buyers is that mortgage rates have declined slightly The median U.S. home-sale price hit a record $387,600 during the four weeks ending May 19, up 4% from a year earlier. That’s according to a...
Continued Improvement in April Leads to Fewest Serious Delinquencies in 18+ Years The national delinquency rate fell to 3.09% in April – its second lowest level on record behind only March 2023’s record low of 2.92% – marking a 22 basis point (bps) improvement from the same time last year Serious...
National Rents Drop Again, But Three Midwest Markets Surge to Record Highs Rents fell again last month, with particularly big savings for renters in Austin, Texas; Las Vegas; and San Francisco compared to when those markets peaked, according to the Realtor.com® Rental Report. Still, some areas...
Median Home Values Rise During First Quarter of 2024 in Only Half of Opportunity Zones Targeted for Economic Redevelopment Around U.S.; But Price Trends Inside Zones Again Reflect National Market Patterns; By Some Measures, Opportunity Zone Changes Surpass Nationwide Gains ATTOM, a leading...
D.R. Horton, Inc., America’s Builder, announced the sudden passing of Donald R. Horton, the Company’s Founder and Chairman of the Board of Directors. David V. Auld, the Company’s Executive Vice Chairman, has been appointed by the Board to serve as Executive Chairman, effective immediately. “It is...
San Jose and Rochester are hotter than other parts of the country; roughly three-quarters of homes that sold in those metros last month fetched more than their asking price—a higher share than anywhere else in the U.S. The median U.S. home sale price rose 6.2% year over year in April to...
Top cities offer what matters most to current and former service members, including housing affordability, low crime rates and a strong Veteran community Veterans United Home Loans, the nation's largest VA lender, today released its 2024 Best Cities for Veterans to Live list. While each...
More boomers favor renting, with little interest in buying a home Many prospective homebuyers fear the long-term consequences of renting, including 70% who feel they're not making a long-term investment in their future, and 72% who worry that rent increases could affect their current and long-term...
Foreclosure Starts Decrease 7 Percent from Last Month; While Completed Foreclosures Increase 8 Percent from Last Month ATTOM, a leading curator of land, property, and real estate data, released its April 2024 U.S. Foreclosure Market Report, which shows there were a total of 31,649 U.S. properties...
