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...
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Mortgage Applications Decline as Home Prices Continue to Rise
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...
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Trump Plans to Take Fannie Mae and Freddie Mac Public
Article Summary: President Donald Trump has announced plans to take Fannie Mae and Freddie Mac public, marking a potential shift in the U.S. housing finance system. The two...
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Mortgage Rates Edge Higher, Pressuring Homebuyer Affordability
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...
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New Apartments Are Sitting Vacant, Giving Renters More Power
Article Summary: A surge in new apartment construction has led to an unusually high number of vacant units, giving renters more leverage in negotiations. 49% of newly built...
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NAR Study Finds Housing Affordability Gap Persists
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...
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Mortgage Rates Edge Higher Amid Market Adjustments
Article Summary Mortgage rates increased slightly in the latest Primary Mortgage Market Survey from Freddie Mac. The 30-year fixed-rate mortgage averaged 6.81% as of May 15,...
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Builder Confidence Declines Amid Economic Uncertainty
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...
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Zillow Reports New Listings Outpacing Home Sales Nationwide
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....
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MLSs Still Used by Most, but Younger Sellers Are Dropping Off
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...
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