VA loans have become slightly more common as buyers gain power and sellers are more apt to accept offers with low down payments. VA loans are most prevalent in Virginia Beach, Jacksonville and Washington, D.C., all military hubs. Homebuying has become a bit more accessible for veterans. VA loans, mortgages available to military service members […]
Just 28 out of every 1,000 U.S. homes changed hands in the first nine months of 2025, the lowest rate since the 1990s. Affordability challenges and uncertainty about the economy are keeping buyers and sellers on the sidelines. Homes turned over the most in Virginia Beach, VA and West Palm Beach, FL, while turning over
The typical U.S. luxury home sold for $1,262,000 in September, up 4.8% from a year earlier to a record high for the month. Luxury home sales were essentially unchanged (+0.3%) from a year earlier, showing signs of stabilization after last year’s sharp slowdown. Non-luxury home sales fell 0.3% year over year, remaining near their lowest
U.S. Luxury Home Prices Rose 5% in September, Twice the Pace of Non-Luxury Prices Read More »
Many would-be buyers are still spooked by rising sale prices and economic instability, but some are creeping off the sidelines. The median U.S. monthly housing payment was $2,530 during the four weeks ending October 26, down 1.4% year over year. That’s the biggest decline since November 2024. Monthly payments fell mainly because mortgage rates declined
Median Monthly Housing Payment Posts Biggest Decline in Nearly a Year Read More »
That’s still well above pre-pandemic levels. The pool of existing inventory is rising as more homeowners list and homes linger on the market. At the same time, some builders are refraining from starting new projects as they try to offload inventory. House hunters who are interested in new construction may want to act now, while
27% of For-Sale Homes Are Newly Built, the Lowest Share in 4 Years Read More »
Pending home sales jumped 17% year over year in San Francisco last month—more than any other major metro. The typical home also sold in roughly 20 days—over twice as fast as the typical U.S. home. The housing market in the San Francisco Bay Area is picking up steam thanks to rising incomes, an AI boom
Bay Area Housing Market Heats Up Amid AI Boom, Return to Office Read More »
