According to Dana Anderson, a Data Journalist for Redfin, median sales prices occurred in eight of the top 50 metropolitan markets, while pending sales fell in all 50 markets at an average rate of 13%.
Most Recent Articles
Operational Excellence and Innovation Lynsey Biernacki on Sylvan Road’s Success
Operational Excellence and Innovation In this insightful episode of the MP Access Show, Robert Wilson, VP of Experience at Five Star, welcomes Lynsey Biernacki, Senior Vice President of Operations...
Where Are Properties Most Susceptible to Winter Weather Damage?
With winter weather causing millions in property damage each year, ValuePenguin examines the states that have experienced significant property damage to date throughout the 2024 season. The post...
Congressional Coalition Urges Biden to Lower Housing Costs
A group of Senators and Representatives have sent a letter to President Biden asking him to utilize executive agencies’ existing statutory authority to further lower housing costs nationwide. The...
Available Down Payment Programs Rise in Q3
“We are pleased to see a growing number of these programs, and think they are becoming a targeted way to help first-time and first-generation homebuyers struggling to save for a down payment get...
Are Student Loans Hindering Homeownership?
First American takes a deeper look at the link between higher education and attaining the American dream of homeownership and overcoming the obstacles involved. The post Are Student Loans...
Are Student Loans Hindering Homeownership?
First American takes a deeper look at the link between higher education and attaining the American dream of home ownership and overcoming the obstacles involved. The post Are Student Loans...
Avoiding Common Pitfalls in Claims Management
The Five Star Institute, in partnership with Consolidated Analytics, will host a webinar examining the current challenges in mortgage claims and offer key strategies to avoid common mistakes while...
Which U.S. States Could Shift More Red or Blue in the Election?
According to a new Realtor.com survey, a combination of shifting opinions on key topics like home prices and housing affordability for both homeowners and renters, as well as migration trends from...
FHLBanks Assist 65,000 Households Through Key Programs
Findings from a new report from the FHFA highlight the significant growth in resources allocated by the Federal Home Loan Banks for programs aiding lower-income communities. The post FHLBanks...
Single-Family Rent Growth Slows Year-Over-Year
While U.S. annual single-family rent growth slowed in August, levels remain up from since the beginning of the pandemic, according to CoreLogic, with pricey coastal metros leading the country with...
Housing Starts Rise for Second Straight Month
Factors such as cuts to the Fed Funds Rate and a reduction in mortgage rates have lifted single-family starts for the second consecutive month, keeping pace with an improvement in nationwide...
Fannie Mae: Home Price Growth Expected to Decelerate in 2025
According to the October 2024 commentary from the GSE, the economy seems to be on a stronger foundation than previously predicted, with economic and home price growth forecast to slow throughout...
On the Mend: The Industrial Heartland’s Road to Recovery
Rust Belt cities are experiencing a revitalization, with population growth, housing expansions, and poverty reduction signaling a positive shift. The post On the Mend: The Industrial Heartland’s...
Home Seller Profit Margins Slide in Q3
As Q3 2024 mortgage rates remained in the 7% range, ATTOM analyzed the market for home sellers nationwide to determine the profit margin on typical single-family homes and condos. The post Home...
Measuring the Cost of Milton
More than a week out from Hurricane Milton making landfall, CoreLogic has updated its estimates from wind and flood losses, after back-to-back storms and complex landfall conditions made for a...
New Home Sales Remain ‘Appealing Option’ for Homebuyers
"Applications for new home purchases declined in September and continued to run ahead of last year's pace,” said Joel Kan, MBA’s VP and Deputy Chief Economist, who noted that “mortgage rates were...
Buyers and Sellers Embrace Market in Wake of Mortgage Rate Dip
According to a new Zillow study, September experienced a strong return of both buyers and sellers to the market as a result of lower mortgage rates, as sales and new listings both approached...
U.S. Rental Markets Experiencing ‘Regional Divide’
Despite a trend of nationwide rent declines, a geographical divide remains in the U.S. rental market, according to Realtor.com, while multiple Midwestern markets experienced year-over-year...
2024’s Women in Housing Recipients Share Insights & Advice
This year’s Five Star Women in Housing Award recipients discuss their career paths, achievements, and their paths to breaking the glass ceiling in a male-dominated industry. The post 2024’s Women...
Renters to Consider Housing Affordability at Polls in November
A new survey from Redfin found that a majority of renters ranked housing affordability as a major factor in their decision-making come November when voting for the next President of the United...