National News
Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index.
A new report from U-Haul identified Milwaukee, Indianapolis, Detroit, St. Louis and Dallas as the top cities of origin for new Chicagoans.
The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Real estate economist Matthew Gardner joins Agent Publishing Co-Publisher Anne Hartnett to unpack the biggest housing trends from the second quarter, plus the potential impact of a new Fed chair and the future of Fannie Mae and Freddie Mac.
At the same time, the pace of existing-home sales declined from May’s level.
Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said.
New single-family home construction declined as builders continue to grapple with macroeconomic headwinds.
“Following the tragic floods in Texas, we at the National Association of REALTORS® and the Realtors Relief Foundation are heartbroken at the lives lost and the communities devastated,” said RRF President Greg Hrabcak.
Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said.
Zillow has rolled out five new features this summer to make searching for homes easier and more efficient.
The National Association of REALTORS® debuted its Market Statistics Dashboard for members, which provides local housing data intended to help clients buy and sell homes.
The FICO alternative is expected to greatly expand the number of eligible borrowers by allowing rent and utility payments to count toward a credit score.
The National Association of REALTORS® racks up policy wins as it cements its role as real estate’s top advocacy group.
National Association of REALTORS® Vice President of Association Engagement Nykea Pippion McGriff is working to strengthen ties with brokerages and local associations nationwide.
The National Association of REALTORS® has claimed that the passage of the One Big Beautiful Bill Act in the House delivers significant victories for homeowners and real estate professionals.
Chicago’s housing inventory continues to rise, thanks in part to a boost in new-home construction in the market.