Zillow: Luxury housing market slowed in April
Despite a market slowdown, prices have continued to rise as luxury home values increased 2.7% year over year.
Housing Market
Auto Added by WPeMatico
Home-price growth at decade low, Florida markets lead declines
Notably, Florida — once a hotbed of rapid appreciation — led the nation in price declines. The state posted a -0.8% year-over-year drop
Two maps that show where the housing market is struggling
Grades on market conditions for both the resale and new-home markets show that sentiment among agents and builders is souring.
Mortgage rates aren’t hampering millennials’ homebuying interest
A recent Realtor.com survey found that 23% of millennials plan to buy a home in the next six months, up from 15% in September 2024.
Mortgage rates unfazed by crazy economic headlines
Mortgage rates remained relatively stable last week, which is a stark contrast to the madness caused by the Godzilla tariffs a few weeks ago.
Philadelphia lawmakers advance ordinance to speed affordable housing construction
City leaders are making new legislative efforts to bolster and preserve affordable housing stock, in alignment with the mayor’s goals.
DOGE effect? Housing inventory in DC is rising faster than the rest of the country
Are federal layoffs having an impact on the D.C. housing market? A divergence between condos and single-family homes could be a clue.
Will an implicit guarantee keep mortgage rates from rising after release of GSEs?
Will mortgage rates rise if the government releases the GSEs from conservatorship? It depends on whether there is a government guarantee.
Mortgage rates survive budget bond scare, but end the week higher
Last week, mortgage rates increased roughly 10 basis points, even with the move lower Friday, despite a bond scare.
Bessent weighs mortgage rate risk in potential release of GSEs from conservatorship
Bessent understands that any transition of Fannie Mae and Freddie Mac out of conservatorship must not increase mortgage rates.