New-home sales show promise with 1.8% annual growth

New-home sales improved across the board in January, according to the U.S. Census Bureau and the Department of Housing and Urban Development on Monday. New-home sales, which include when a homebuyer makes a deposit or signs a sales agreement, increased… Continue reading

Median sale price climbs to $426K for only 2nd time in US history

Undeterred by elevated mortgage rates, homebuyers battling over scant inventory pushed June’s median sales price to the second-highest level in history, according to new data released Monday by Redfin. Continue reading

New home sales hit 4-month low

New home sales took an 8.6 percent hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to data released Tuesday from the U.S. Census Bureau Continue reading

Want a cheap house for Christmas? Head to Santa Claus

Finding hope through the pandemic’s darkness has looked different for everyone. For some, that’s meant seeking out the spirit of Christmas in places where it lives on the whole year through, like in Santa Claus, Indiana, which has led to a mini real es… Continue reading

New home sales see modest gains for second consecutive month

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate, according to the U.S. Census Bureau. Continue reading

America’s Hottest Neighborhoods: Willow Glen in San Jose, California

Robust work-from-home policies amid the pandemic and an upcoming development by Google, as well as other charms, make Willow Glen an enviable place to live. Continue reading

New home sales hit 9-month low in February

February’s seasonally adjusted annual rate of 775,000 was down 18.2 percent from January’s revised rate of 948,000. Continue reading

Which markets will homebuyers be priced out of next?

SmartAsset’s study released on Tuesday shows that homebuyers are starting to be priced out of historically affordable markets such as Dallas, Nashville and St. Louis, thanks to inadequate income growth. Continue reading