Lock-in effect drives home renovation boom, Redfin says
About 43% of Americans upgraded their homes last year, and 33% plan to remodel in the next year, according to a recent survey from Redfin.
Housing inventory
Institutional home buyers gained ground in December
Large and mega investors accounted for 5.8% of all single family-home purchases in December, up from 4.8% at the same time last year, according to Cotality.
Trump calls on Fannie Mae, Freddie Mac to boost homebuilders
President Trump said big homebuilders are sitting on a record 2 million empty lots, and asked Fannie Mae and Freddie Mac to help restore the American Dream.
U.S. homeownership falls for first time since 2016
As Washington weighs a national housing emergency, U.S. homeownership has slipped year-over-year, according to Redfin.
What’s behind the increase in housing inventory?
Housing supply is returning to pre-pandemic levels, but the rise comes as new listings fall, pointing to subdued demand, leading real estate brokerages said.
Mortgage applications for new homes soar to record high
A growing supply of unsold inventory applied downward pressure on prices, offering home buyers some relief, the Mortgage Bankers Association said.
Rural, manufactured housing prioritized in new FHFA plan
The latest plans include details on promoting housing development in underserved areas and increasing secondary market access to rural institutions.
New-home sales fall as high mortgage rates weigh on demand
Purchases of new single-family homes decreased 5.6% to a 679,000 annualized pace last month, government data showed Monday.
Investors made up one-quarter of June’s home purchases
While the share is slightly lower than at the start of 2023, the market is not expected to slip back to lower pre-pandemic levels, CoreLogic said.
New-home sales unexpectedly rise, showing some stabilization
Purchases of new single-family homes increased 1.1% to an annualized 640,000 pace after a 633,000 rate in January, government data showed Thursday.
Homes remain on the market twice as long as they had 6 months ago
House hunting activity also slowed in December, with home tours declining 69% from the start of the year, a Redfin report found.
Luxury real estate market stalls
Sales of high-end homes fell 38.1% year-over-year, per a Redfin report.
Housing construction is near a 49-year high, but is it enough?
Industry leaders suggested they’ve "never felt so worried at a time when everything feels so good otherwise," said Chris Herbert, managing director of the Joint Center for Housing Studies of Harvard University.
U.S. existing-home sales unexpectedly climb to a one-year high
Sales of previously owned homes unexpectedly increased to a one-year high as buyers rushed in ahead of a surge in mortgage rates, further depleting tight inventories to a record low.
U.S. new-home sales surge past estimates, reach 9-month high
An increase in the number of completed homes over the last two months and prospects of higher interest rates this year as the Federal Reserve tightens monetary policy may have encouraged a pickup in contract signings.
Growth in U.S. home prices cooled off a tiny bit in November
A measure of home prices in 20 U.S. cities jumped 18.3%, down from 18.5% in October, the S&P CoreLogic Case-Shiller index showed Tuesday. It marked the fourth straight month that home-price appreciation has cooled off ever so slightly.
Housing starts fell last month, led by multifamily slowdown
While September's single-family starts were unchanged from the prior month, multifamily activity fell 5%, according to government data.
Housing inventory reaches 2021 peak in September
More for-sale homes hit the market than at any point this year but a turning point may lie ahead, according to Realtor.com.
Scared home sellers boost affordable housing inventory
Concerns about foreclosure and a crowded market led to an increase in listings at lower price points in the second quarter.
Foreclosures could boost home inventory by 0.5 months at most: Moody’s
The meager increase suggests the largest boost in inventory possible would likely still leave the backlog of homes on the market at historic lows.
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