Bright MLS: Housing market shifts toward necessity, balance
The survey found that nearly 75% of agents had buyers pause their home search — an increase from less than two-thirds in Q2 2024.
Housing Market
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New home sales show why residential construction is in a recession
New home sales fell short of sales estimates and experienced negative sales revisions, while inventory levels increased.
Bipartisan housing bill targets local zoning barriers
The bill has drawn support from organizations including the National Association of Home Builders and Habitat for Humanity International.
Home prices hit all-time high, but more inventory cools price growth
Although home prices hit an all-time high in June, inventory growth helped slow down the increase in prices to just 2% year over year.
Homebuilders are weathering the trade war — for now
So far, major homebuilders have weathered the trade war, as D.R. Horton and PulteGroup said that tariffs have not heavily impacted them.
Californians report unraveling mortgage relief after the fires
Amid foreclosure and balloon payment chaos, July 7 officially marked the end of the FHA moratorium on foreclosures and evictions
Homebuilder Century Communities expands into Nevada
Century Complete will introduce its online homebuying platform to Nevada, allowing home purchases through the company’s website.
Where — and for whom — Trump’s higher SALT deduction cap has the most impact
Capping the SALT deduction effectively raises people’s taxes, but it doesn’t impact every taxpayer equally.
California creates office dedicated to housing, homelessness issues
Restructuring aims to better integrate and administrate response to the state’s housing and homelessness challenges.
Mortgage spreads are almost back to normal
In a week marked by wild headlines, mortgage rates remained relatively calm, thanks to improvements in mortgage spreads.