homes | Local Broadcast Sales

Investors Retreat from Condo Market Amid Rising Costs

Article Summary: Investor purchases of condos have dropped to their lowest level in 10 years, with transactions falling 3% year-over-year in Q1 2025. Nearly 70% of condos...

Mortgage Applications Decline as Home Prices Continue to Rise

Financial, Real Estate

Article Summary: Mortgage application activity fell for the second consecutive week as home prices continued to climb. The Market Composite Index, which tracks mortgage loan...

Mortgage Rates Edge Higher, Pressuring Homebuyer Affordability

Real Estate

Article Summary: Mortgage rates are creeping closer to 7%, with the 30-year fixed-rate mortgage averaging 6.89% as of May 29, up slightly from 6.86% the previous week. The...

NAR Study Finds Housing Affordability Gap Persists

Real Estate

Article Summary A new study from the National Association of Realtors (NAR) highlights ongoing challenges in housing affordability across the U.S. Households earning $75,000...

Builder Confidence Declines Amid Economic Uncertainty

Real Estate

Article Summary Builder confidence in the market for newly built single-family homes fell to 34 in May, down six points from April. This marks the lowest reading since...

Zillow Reports New Listings Outpacing Home Sales Nationwide

Real Estate

Article Summary Zillow’s latest data reveals that new home listings increased by 9.8% from March to April 2025, and 7.6% year-over-year, surpassing sales growth nationwide....

19 Small Trees for Front Yards That Explode with Color

Home Improvement

Article Summary This article highlights 19 small tree varieties that bring vibrant color and charm to front yards without overwhelming the space. These trees, such as...

MLSs Still Used by Most, but Younger Sellers Are Dropping Off

Real Estate

Article Summary A recent report highlights a generational shift in how homes are marketed, with younger sellers increasingly moving away from using Multiple Listing Services...

Many First-Time Homebuyers Are Pushing 40 as Millennials Wait in Vain for a Better Market

Real Estate

Article Summary The median age of first-time homebuyers in the U.S. has risen to 38, a significant increase from 35 in 2023 and 29 in the 1980s. Millennials are delaying...

Home Sales Stay Surprisingly Positive Even with Higher Rates

Real Estate

Article Summary Despite elevated mortgage rates fluctuating between 6.64% and 7.25%, home sales have shown unexpected resilience in 2025. Weekly housing demand data revealed...