You’ve probably seen posts on social media talking about how “home prices are falling.” And when you see something like that, it’s normal to wonder: Is this the start of a crash? What does this mean for my house? Let’s clear this up right away. This is not a crash. And your home is not […]
Are Home Prices Dropping? Here’s the Real Story. Read More »
Homebuyer affordability worsened in January for the first time in seven months, despite mortgage rates hitting a three-year low. Processing Content The national median payment applied for by purchase applicants rose from $2,025 in December to $2,070 last month, according to the Mortgage Bankers Association’s Purchase Applications Payment Index. That’s on par with levels recorded
Homebuyer affordability dips after seven-month run Read More »
Home prices increased nationwide on a seasonally adjusted basis, a pair of widely followed metrics agree, although they vary on the size of the increase. Processing Content The Federal Housing Finance Agency House Price Index hit another high in December at 440.36, up from 439.72 in November, a change of 0.1. Price rose 0.8% on
Home prices are up… depending on where you look Read More »
For months, some affluent New Yorkers warned they would leave if progressive policies took hold at City Hall. With Zohran Mamdani now mayor and debate intensifying over a possible city wealth tax or property tax increase, early market data shows no sign of a luxury exodus. Instead, Manhattan’s top tier appears to be accelerating. HousingWire
Manhattan luxury market stable under Mamdani Read More »
Uneven cooling in the national housing market is sharpening focus on why some cities continue to defy the slowdown. While macro indicators point to softer demand, select metro areas maintain steady homeowner lending volume. Processing Content Local conditions, rather than national sentiment, shape borrower confidence, application flow, and loan performance. These local conditions are reflected
Why some cities resist national housing slowdowns Read More »
As home-price growth has flattened, the average down payment has decreased, according to a new industry report. Processing Content The typical homebuyer’s down payment in the United States decreased 1.5% year over year to $64,000 in December, the first drop in five months, Redfin found. That’s 15.2% of the average purchase price, compared with 16.7%
Average down payment falls amid price cooling Read More »
Sales of previously owned US homes fell in January by the most in nearly four years, a month marked by a massive winter storm. Processing Content Contract closings decreased 8.4%, the biggest drop since February 2022, to a 3.91 million annualized pace in January, according to National Association of Realtors data released Thursday. That trailed
Home resales fall most in four years despite lower rates Read More »
The housing market continues to favor buyers, forcing prices to slide and affordability to improve, according to a new report from Redfin. Processing Content Americans needed to earn $111,252 per year to afford the average home for sale in December, down 4% from $115,870 a year ago and 8.8% from a peak of $122,000 in
Income needed to buy a home falls 4% Read More »
Mortgage rate declines in early January allowed for refinance opportunities for nearly 5 million borrowers and pushed housing affordability to a four-year high, according to ICE Mortgage Technology‘s February 2026 Mortgage Monitor Report released on Monday. The company also said that 2025 ended with the highest level of negative equity since 2018 and the weakest
Mortgage affordability at four-year high after rates fell in January Read More »
Compass Inc. lost a bid to temporarily block a Zillow Group Inc. ban on listings that have been advertised elsewhere first, after a judge ruled in favor of the home-search site in its legal battle with the largest US real estate brokerage. Processing Content US District Judge Jeannette Vargas on Friday denied a request by Compass for
Compass loses bid to temporarily block Zillow listing rules Read More »