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News Ticker
  • [ December 21, 2024 ] Retail Chain Party City is Going Out of Business Weely Real Estate News
  • [ December 20, 2024 ] D.R. Horton to Launch New Master-Planned Community in Utah Weely Real Estate News
  • [ December 20, 2024 ] Hits and Misses for the Real Estate Week of Dec. 16-20 Weely Real Estate News
  • [ December 20, 2024 ] Alabama Home Sales Up, Reversing Three-Month Decline Weely Real Estate News
  • [ December 20, 2024 ] New York State Housing Inventory at 8-Month Low Weely Real Estate News
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U.S.

U.S.
Housing Wire

Like U.S. population, the workforce is aging faster

May 31, 2024 Mariel Alumit Comments Off on Like U.S. population, the workforce is aging faster

​ The share of older workers in the U.S. has grown significantly since the turn of the century, with 29.5% of workers in 2023 at least 65 years old, compared to 23% in 2000, according […]

home
Housing Wire

U.S. mortgage holders post record levels of home equity: ICE

May 7, 2024 Mariel Alumit Comments Off on U.S. mortgage holders post record levels of home equity: ICE

​ U.S. home prices continued to climb in March as a persistent shortage of homes for sale helped to buoy the housing market, according to the Intercontinental Exchange (ICE) Home Price Index. And while prospective […]

Fencing
Weely Real Estate News

U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

May 7, 2024 Mariel Alumit Comments Off on U.S. Real Estate Fencing Market Forecast to Reach $14.1 Billion by 2032

The market for fencing around U.S. residential and commercial properties is projected to grow from $8.8 billion in 2023 to $14.1 billion by 2032, according to a new forecast from DataHorizzon. The anticipated growth will […]

older investors
Housing Wire

Retiring at age 65 is no longer feasible, older investors say

April 22, 2024 Mariel Alumit Comments Off on Retiring at age 65 is no longer feasible, older investors say

​ Retirement at 65 has been a longstanding norm for U.S. workers, but older investors believe that not only is such an outcome unfeasible, but they’re likely to face more challenging retirements than their parents […]

foreclosure
Housing Wire

U.S. foreclosure activity stabilized in March: Attom

April 12, 2024 Mariel Alumit Comments Off on U.S. foreclosure activity stabilized in March: Attom

​ Foreclosures remained relatively stable in the first quarter of 2024 and homeowners continue to hold significant equity. In March, there were 32,878 U.S. properties with a foreclosure filing, down less than 1% from the […]

U.S.
Housing Wire

U.S. property taxes increased twice as fast in 2023 compared to prior year

April 5, 2024 Mariel Alumit Comments Off on U.S. property taxes increased twice as fast in 2023 compared to prior year

​ U.S. property taxes on single-family homes rose twice as fast in 2023 as they did in 2022, with a total of $363.3 billion levied compared to $339.8 billion one year earlier. This is according […]

homebuyers
Housing Wire

Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com

March 28, 2024 Mariel Alumit Comments Off on Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com

​ As first-time homebuyers contemplate their housing options, the financial calculus between renting and owning is essential. Against the backdrop of elevated mortgage rates and soaring home prices, discerning the evolving financial dynamics between renter-friendly […]

foreclosure
Housing

U.S. foreclosure activity ticked up significantly in January: Attom

February 14, 2024 Mariel Alumit Comments Off on U.S. foreclosure activity ticked up significantly in January: Attom

​ In January, the number of properties with a foreclosure filing inched up on both a monthly and a yearly basis, according to a report released Tuesday by Attom Data. In total, 33,270 U.S. properties […]

U.S. metro
Housing Wire

Home prices grew in more than 80% of U.S. metro areas year over year in Q3: NAR report

November 14, 2023 Allen Santos Comments Off on Home prices grew in more than 80% of U.S. metro areas year over year in Q3: NAR report

Home prices keep moving up, offering few signs of relief to cash-strapped homebuyers. More than 80% of U.S. metro markets saw price gains in the third quarter of 2023, according to the National Association of […]

Utah
Top News

Utah housing market among the most expensive in U.S. Here’s how it ranks

August 9, 2023 Mark Paul Cervantes Comments Off on Utah housing market among the most expensive in U.S. Here’s how it ranks

Utah is among the most expensive states in the nation to own a home, especially because of its skyrocketing housing prices in the past several years. That’s according to a new report by the real […]

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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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