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At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Rate announced an initiative that will offer first responders a one-year accidental death insurance policy that covers their mortgage balance up to $650,000 if they die in the line of duty.
In Denver, home prices rose 1.51% year over year and 0.08% month over month in December.
Now that President Donald Trump’s tariffs are beginning to take shape, homebuilders are wary.
At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985.
In the wake of this news, Redfin also laid off 450 employees.
Yun expects mortgage rates to drop to 6% by the end of the year.
Scott Turner, President Donald Trump’s pick to lead the Department of Housing and Urban Development (HUD), was confirmed to the role in a 55-44 vote.
In Silver Spring, Maryland, stands a modern castle. Built in 2004, the property blends luxury features with medieval architecture.
President Donald Trump’s 25% tariff on Canadian and Mexican goods will harm housing affordability in the United States, the National Association of Home Builders (NAHB) said in a statement over the weekend.
A designated landmark, this New Orleans structure is a prime example of the South’s famous Gothic Revival architecture.
On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C.
What exactly goes into homebuilding costs, and how do those costs translate to profits for builders — and home prices for buyers?
The median existing-home price for all housing types in December rose 6% from its year-ago level.
Willis initially served as president from 2002 to 2005 and as CEO from 2005 to 2014. He then resumed the post of CEO in November 2023 and took over as president again in March of last year.
Nationally, home sales were up 13.3% year over year and 4.4% month over month, RE/MAX said.
