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HomeU.S. Housing Market

U.S. Housing Market

The U.S. housing market refers to the buying, selling, and renting of residential properties in the United States. It includes all types of homes, from single-family homes to multi-unit apartment buildings, as well as all related services and activities, such as mortgage lending, property management, and real estate brokerage.

The health of the U.S. housing market is closely tied to the overall state of the economy, and is influenced by factors such as interest rates, employment levels, and consumer confidence. Key indicators of the housing market include home prices, home sales volume, and the number of homes on the market.

real estate
Housing Bubble

US home prices drop in March; Calstrs to write down $52B real estate portfolio

April 24, 2023 Mark Paul Cervantes Comments Off on US home prices drop in March; Calstrs to write down $52B real estate portfolio

S&P Global Market Intelligence offers our top picks of real estate news stories published throughout the week. The US median home price fell 3.3% in March to $400,528, its biggest year-over-year decline in a single month […]

Biden
Housing Bubble

Real estate expert shreds Biden rule punishing home buyers with good credit: ‘It’s madness’

April 21, 2023 Mark Paul Cervantes Comments Off on Real estate expert shreds Biden rule punishing home buyers with good credit: ‘It’s madness’

A new rule from the Biden administration will have good-credit home buyers paying more monthly to subsidize costs for high-risk buyers. The changes, which will begin in May, have many experts worried about the impacts […]

California
Investing

California To Front 20% Down Payments With 0% Interest For Homebuyers With Incomes Up To $211,000

April 12, 2023 Mark Paul Cervantes Comments Off on California To Front 20% Down Payments With 0% Interest For Homebuyers With Incomes Up To $211,000

California homebuyers making up to $211,000 annually will be able to receive a 20% down payment, and all closing costs, at a 0% interest rate. While the state has long-offered homebuyer assistance through the state’s Housing […]

Investors
Investing

Investors are purchasing more single-family homes than ever

April 11, 2023 Mark Paul Cervantes Comments Off on Investors are purchasing more single-family homes than ever

New data from data analytics companies shows real estate investors have been buying up more of the housing market in the last few years than ever before. According to Pew Charitable Trusts, a non-partisan and non-ideological […]

Big Short
Financial Markets

A hidden time bomb? A ‘Big Short’ investor sees financial disaster brewing in housing markets

April 7, 2023 Mark Paul Cervantes Comments Off on A hidden time bomb? A ‘Big Short’ investor sees financial disaster brewing in housing markets

More than a decade after a U.S. mortgage meltdown threatened to destroy the international financial system, a “Big Short” investor once again sees financial disaster brewing in the real estate market. Dave Burt, CEO of […]

energy-efficiency
Home Improvement

New Home Buyers Increasingly Using Energy Efficient Tax Credits in U.S.

April 6, 2023 Mark Paul Cervantes Comments Off on New Home Buyers Increasingly Using Energy Efficient Tax Credits in U.S.

According to the National Association of Home Builders, U.S. taxpayers are taking advantage of new home energy-efficiency related tax credits. A recent Internal Revenue Service data analysis by NAHB indicates that more than 800,000 taxpayers […]

Rhode Island
U.S. Housing Market

Rhode Island lawmaker wants to require solar on new homes and parking lots

April 5, 2023 Mark Paul Cervantes Comments Off on Rhode Island lawmaker wants to require solar on new homes and parking lots

A freshman lawmaker in Rhode Island has opened a provocative discussion: why not mandate solar panels on most new construction? Rep. Jennifer Boylan, a Democrat who has solar panels on her home in Barrington, said […]

US house prices
Top News

US house prices may tumble another 8% this year as homebuyers feel the squeeze, KPMG says

April 4, 2023 Mark Paul Cervantes Comments Off on US house prices may tumble another 8% this year as homebuyers feel the squeeze, KPMG says

US house prices could tumble another 8% this year as higher interest rates and stricter lending standards crimp demand, KPMG has warned. Home prices, as measured by the Case-Shiller index, are likely to fall 10.5% […]

default
Financial Markets

How the threat of a U.S. debt default could impact multifamily real estate

April 4, 2023 Mark Paul Cervantes Comments Off on How the threat of a U.S. debt default could impact multifamily real estate

As of January 2023, the Treasury Department began taking “extraordinary measures” to prevent the United States from defaulting on its debt. Although past congressional debt-ceiling talks have come to resolutions at the last hour, it’s important to […]

cities
Top News

U.S. cities are filling up with luxury apartments despite ‘housing recession’

April 3, 2023 Mark Paul Cervantes Comments Off on U.S. cities are filling up with luxury apartments despite ‘housing recession’

Scores of luxury homes are coming to major cities across the United States. Analysts at Yardi Matrix projected that more than 400,000 units were completed in 2022, and they expect another strong showing in 2023. […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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