In the national housing market, states with the most active listings show wide differences in how quickly homes sell. HW Data shows California moving inventory the fastest, while Florida and Texas take longer despite carrying larger supply. California sets the pace California carries 57,065 active listings and a 63-day median time on market. Months’ supply […]
Inventory-heavy states show wide gaps in sales speed Read More »
President Donald Trump’s decision to impose steep new tariffs on imported wood, furniture and home fixtures is drawing criticism from economists, builders and housing experts who warn the move could further strain an already fragile housing market. New tariffs in these sectors were first announced Sept. 26 by Trump on social media, with further details
New tariffs on wood, furniture raise fears of higher housing costs Read More »
Alabama’s housing market is splitting. Lower-priced homes are selling briskly, while higher-end listings linger, according to the latest HW Data. Affordable homes fuel pending sales Alabama’s entry-level homes are moving quickly. The state recorded 1,843 pending sales in its most affordable tier last week at a median price of $165,000 — well below the national
Alabama’s housing market reveals a growing affordability divide Read More »
For generations, the American Dream was synonymous with homeownership — a white picket fence, a backyard and the pride of owning a place to call your own. But today, that dream is undergoing a quiet transformation. With the national median home price now exceeding $426,000, according to NAR, the goal for many Americans has shifted
From rates to reality: why innovative homeownership alternatives matter now Read More »
A recent survey from Bank of America asked would-be homebuyers what would help them feel better about making a move, and it’s no surprise the answers have a clear theme. They want affordability to improve, specifically prices and rates (see below): Here’s the good news. While the broader economy may still feel uncertain, there are
What Buyers Say They Need Most (And How the Market’s Responding) Read More »
A bipartisan group of lawmakers has introduced legislation aimed at repurposing vacant buildings into affordable housing. Reps. Sam Liccardo (D-Calif.), Maria Salazar (R-Fla.), Johnny Olszewski (D-Md.) and Brian Fitzpatrick (R-Pa.) announced the Revitalizing Empty Structures Into Desirable Environments (RESIDE) Act — which would create a pilot grant program for communities to rehabilitate empty offices, malls,
Bipartisan RESIDE Act aims to convert vacant spaces into housing Read More »
Baltimore is embarking on what civic leaders call ‘the nation’s most ambitious housing redevelopment program’ — a 15-year effort that aims to turn around more than 37,000 vacant or at-risk properties and influence market conditions for another 33,000 homes and lots. The strategy is supported by $1.2 billion in public funding commitments and is expected
Baltimore launches $6.2B housing redevelopment effort Read More »
A new bill introduced in the Ohio Senate would create a grant program to help older and disabled homeowners cover the cost of their property taxes, mortgages and essential household bills. Senate Bill 255 — dubbed the “Save the Dream Ohio” program — would allow qualifying homeowners to apply for up to $3,000 per year
Property tax, mortgage relief package introduced by Ohio lawmakers Read More »
The U.S. birth rate fell to an historic low in 2024, continuing a nearly two-decade decline that researchers say is shaped in part by rising housing costs. The Centers for Disease Control and Prevention reported that the national fertility rate dropped below 1.6 children per woman last year. The replacement level — or rate needed
US birth rate hits record low, housing costs weigh on family planning Read More »
For the past couple of years, it’s been tough for a lot of homebuyers to make the numbers work. Home prices shot up. Mortgage rates too. And a number of people hit pause because it just didn’t feel possible. Maybe you were one of them. But there’s some encouraging news. If you’ve been waiting for
3 Reasons Affordability Is Showing Signs of Improvement This Fall Read More »