News
New Apartment Construction in the US To Reach Over 500,000 Units by the End of 2024: Report
Investors Bought One in Six Homes in the US in Q2 2024, Marking Largest Increase in Two Years: Report
A Record 60,000 Buyers Backed Out of Home Deals in July Amid Election Fears, Soaring Prices
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
Mortgage rates have fallen to 6.49%, the lowest recorded in over a year. The housing market has been tough for hopeful buyers over the last few years, but with mortgage rates now declining, the market could potentially see a rise in demand. 
One in 10 Homes in NYC Are Now Being Sold To Out-Of-State Buyers: Report
New Jersey buyers made the largest share of out-of-state purchases in New York City in the first six months of 2024. 
Renting Is Now $1,000 Cheaper Than Buying a Starter Home in the US: Report
In some metro areas, buying a home costs $1,944 more than renting. Renters in the United States could now save an extra $1,000 a month compared to those looking to buy their first starter home. 
Housing Market Forecasts 2025: Will Homes Become More Affordable?
The median sale price of a home in the US was $442,451 as of June, a 4% increase from the same month in 2023. 
Harris Proposes Four-Year Plan To Lower US Housing Costs, Improve Housing Affordability and Homeownership
Kamala Harris' economic plan will build on proposals announced under the Biden administration. Vice President and leading Democratic presidential candidate, Kamala Harris, has recently unveiled her four-year plan to lower housing costs and boost homeownership for American households. 
US Homes Now Worth $1 With 8.5% Surge, Doubling Pre-Pandemic Levels
The median price of luxury homes also rose 9% year-over-year in the second quarter of 2024. A record 8. 5% of all homes in the United States are now worth at least $1 million, according to a new report on home prices. 
The Biden Administration Is Investing $100 Million on Affordable Housing Construction Amid Affordability Crisis
The program is part of the Housing Supply Action Plan, a larger effort designed to increase housing supply and lower housing costs for families. 
Median US Housing Payments Dropped by $250, Lowest Level Since February: Report
The median housing payment has declined to $2,588 as of Aug. 11. The median housing payment in the United States has dropped by nearly $250 as mortgage rates declined. 
19% of US Home Listings Saw Price Cuts: Here’s Where Sellers Are Lowering Their Prices the Most
Home prices also softened nationally, with the median listing price falling to $439,950. Nearly 19% of available home listings in the United States saw price cuts in July, offering some American buyers relief amid the country's housing affordability crisis. 
Median Home Price Soars Past $2 Million in Bay Area, the First Time Since 1979
The median sales price of single-family existing homes also rose by 89% nationwide in the second quarter of 2024.
