It’s official: DOGE cuts are impacting the DC housing market
A survey conducted by Bright MLS reveals that agents on the ground in D.C. are seeing firsthand the effects of job loss on a higher scale.
Housing Market
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HUD announces three senior leadership additions
Friday’s staff appointments followed the swearing-in of Andrew Hughes, the former HUD chief of staff, as deputy secretary.
Here are the three metros where homeownership is still affordable
Realtor.com calculated the share of income a typical household spends on housing by dividing its estimated median monthly housing costs by the median household income in each of the 50 largest metros and the U.S. more broadly.
New Home Co. acquires Landsea, forming a top 25 homebuilder
New Home Co. has completed its acquisition of Landsea Homes, creating a top-25 U.S. homebuilder based on new homes sold in 2024.
Homebuyers finally catch a break with more inventory
Homebuyers are finally getting some good news: Active housing inventory is returning to the levels we experienced before the pandemic.
Home prices are still climbing, but the pace is slowing
The S&P CoreLogic Case-Shiller Home Price Index for April rose 2.7% year over year, a deceleration from March, February and January.
The mortgage market hopes for rate cuts amid war moves
Amid rising tensions with Iran and a potential Fed rate cut on the horizon, experts share how these events could shape the mortgage market
Inventory is rising, but existing home sales remain in a major slump
Last month was the slowest May for existing home sales since 2009. They were down 0.7% year-over-year to 4.03 million, and sales in the West were down significantly.
How will mortgage rates react to US bombing of Iran?
Events in the Middle East tend to favor the bond market and the U.S. dollar, resulting in lower mortgage rates, but this year is different.
New listings slowdown shows lack of home seller stress in 2025
during the years of the housing bubble crash, new listings were soaring between 250,000 and 400,000 per week for many years.