The price gap between new and existing homes fell to a record low in the second quarter of 2025 — making newly built properties a more affordable option for many buyers, according to Realtor.com’s quarterly new construction report released Thursday. The nationwide premium for new homes dropped to 7.8% as builders held prices steady while […]
Realtor.com: Price premium for new homes sinks to all-time low Read More »
Americans are still drawn to major cities — despite rising living costs and urban congestion. U.S. News & World Report’s 2025 migration trends report shows the popularity of migration pathways such as New York City to Los Angeles, San Francisco to Austin, Texas, and Charlotte to Chicago — highlighting persistent interest in urban living, despite
Migration 2025: Where Americans are moving to — and why Read More »
AGENTS: Did you know you can share a personalized version of this post? Learn more! For Buyers, Infographics, Mortgage Rates, New Construction, Affordability, Buying Tips Some Highlights Prices, rates, and finding the right home are three of the biggest challenges for buyers today. You may find better luck with all 3 if you look at
3 Advantages of Buying a Newly Built Home Today Read More »
Hundreds of affordable housing programs across California may be in legal jeopardy after a new federal lawsuit challenged the constitutionality of one of the state’s most widely used housing tools. The suit — filed Thursday in federal court in San Francisco and first reported by CalMatters — targets East Palo Alto, California’s “inclusionary zoning” ordinance.
California affordable housing programs face new legal challenge Read More »
Buying a home is exciting… until you start thinking about the down payment. That’s when the worry can set in. “I’ll never save enough.” “I need a small fortune just to get started.” “I guess I’ll just rent forever.” Sound familiar? You’re not alone. And you’re definitely not out of luck. Here’s the thing: a
The Truth About Down Payments (It’s Not What You Think) Read More »
After several years of sharp hikes in premiums and coverage challenges, the U.S. home insurance market is showing early signs of stabilization, according to a new report from digital insurance agency Matic. Affordability remains a top concern, with climate events, deductibles and aging roofs all playing a role in shaping the current landscape. Premium growth
Home insurance rates have jumped 45% since 2022 Read More »
Homebuyer affordability improved in June, as evidenced by the national median payment for purchase mortgage applicants decreasing to $2,172 — down from $2,211 in May. That’s according to the Mortgage Bankers Association (MBA)’s Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time relative to income, using data from MBA’s
Mortgage application payments decline in June Read More »
Down Payment Resource (DPR) on Tuesday released its Q2 2025 Homeownership Program Index report. It found that 45 new down payment assistance programs launched in the second quarter, bringing the total number of available programs in the U.S. to 2,554 and the number of program providers to 1,340. The number of programs is a new
Down Payment Resource reports record-breaking DPA availability Read More »
The Lower Sioux Indian Community in Morton, Minnesota, has become the first in the country to create a fully vertically integrated “seed-to-wall” program using industrial hemp — addressing a critical shortage of affordable housing on its reservation. Prompted by U.S. Census Bureau data indicating the need for 200 new homes by 2030, the Lower Sioux
Hemp spells affordable housing for Native American community Read More »
The Senate Banking Committee will hold its first bipartisan housing markup in more than a decade, Chairman Tim Scott (R-S.C.) and Ranking Member Elizabeth Warren (D-Mass.) announced Thursday evening. The executive session, which will involve the consideration of the ROAD to Housing Act of 2025, will also include the unveiling of a sweeping legislative package
Scott, Warren announce bipartisan housing bill markup Read More »