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
No exodus after all? Manhattan luxury market sales accelerate 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 »
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 »
If you’re planning to buy a home this year, you may be focused on the spring market. And hoping that when spring does hit, you’ll see: Mortgage rates drop a little more. More homes hit the market. But here’s what most buyers don’t realize. Buying just a few weeks earlier could mean paying less, dealing
Top 3 Reasons To Buy a Home Before Spring Read More »
Borrower equity reached a four-year low in the fourth quarter of 2025, while underwater mortgages hit its largest share in nearly three years, according to a new industry report. Processing Content Less than 45% of mortgage residential properties in the United States were considered equity-rich last quarter, meaning that the combined estimated amount of loan
Home equity slips to 4-year low as underwater loans rise Read More »
U.S. homebuyers are gaining ground on affordability as price growth slows and housing supply expands, according to the latest HousingWire Data through Jan. 24. While affordability challenges persist — despite mortgage rates trending lower — recent shifts are improving purchasing power and giving buyers more leverage than they had a year ago. Nationally, the median
Homebuying power improves as prices cool, inventory expands Read More »