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The Money Overview

Real Estate

Housing market coverage, home buying and selling, mortgages, rentals, and property investment. From market trends to the practical decisions involved in owning or renting.

Latest in Real Estate

Market Trends

Home sellers outnumbered buyers by a record margin in September, Redfin says

There were 62.6% more home sellers than buyers in the United States in September, up from 56.9% in August, Redfin reports. The company counts 1,510,784...

Buying & Selling

New York’s full property tax exemption for severely disabled veterans becomes mandatory on assessment rolls finalized after October 1, 2026

New York is turning a local option into a statewide rule for the most severely disabled veterans. Under a law signed February 13, 2026, a...

Buying & Selling

Iowa disabled veterans who apply for the full homestead property tax credit on or after July 1, 2026 can cover only a half acre under a new state law

Iowa’s disabled veteran homestead credit still wipes out the entire property tax bill on a home, but for applications submitted on or after July 1,...

Market Trends

The typical U.S. home’s asking price fell 0.3% from a year earlier to $396,881 in the four weeks ending October 11, Redfin says

The typical home listed for sale in the United States carried an asking price of $396,881 in the four weeks ending October 11, according to...

Buying & Selling

Tennessee homeowners who turn 65 by December 31, 2026 can get property tax relief if their 2025 income was $38,470 or less, through their county trustee

Tennessee homeowners who turn 65 on or before December 31, 2026, and whose 2025 household income was $38,470 or less, can apply for state-funded property...

Renting & Leasing

Florida tenants of Concord Management from 2021 to 2025 may receive automatic checks from a $1.85 million settlement, with a final hearing set for December 3

Former residents of Florida apartments managed by Concord Management between April 3, 2021 and April 3, 2025 may receive settlement checks without filing anything. A...

Renting & Leasing

HUD says FHA multifamily mortgage insurance now covers build-to-rent communities of single-family homes, duplexes and triplexes

HUD announced on October 14 that FHA multifamily mortgage insurance now covers build-to-rent communities made up of single-family homes, duplexes and triplexes. The change took...

Mortgages & Rates

Freddie Mac’s average 30-year mortgage rate held unchanged in the week of October 15

The average rate on a 30-year fixed mortgage held at 7.40% in the week of October 15, unchanged from the week before, Freddie Mac reported....

Renting & Leasing

Typical apartment asking rent reached $1,762 in September, Zillow says

Apartments in multifamily buildings carried a typical U.S. asking rent of $1,762 in September, according to Zillow. That figure was unchanged from August and 2.2%...

Renting & Leasing

Typical single-family asking rent hit $2,266 in September, $771 a month less than a new buyer’s typical $3,037 payment, Zillow says

Zillow says the typical asking rent for a single-family house in the United States was $2,266 in September. That is $771 a month less than...

Market Trends

The West’s median existing-home price reached $613,600 in September, against $329,600 in the Midwest

The West had the highest median existing-home price of any region in September at $613,600, while the Midwest had the lowest at $329,600, according to...

Market Trends

The median existing-home price hit $417,500 in September, up from $412,300 a year earlier, NAR says

The median price of an existing home in the United States reached $417,500 in September, up 1.3% from $412,300 a year earlier, the National Association...

Market Trends

Zillow puts the typical U.S. home value at $366,913 in its September report

The monthly payment on the typical American home rose 6.7 percent over the past year, nearly seven times as fast as the home’s value, Zillow’s...

Market Trends

The West’s median list price was $595,000 in September, against $320,000 in the Midwest

The typical home listed in the West carried an asking price of $595,000 in September, while the typical Midwest listing asked $320,000, Realtor.com reported. The...

Mortgages & Rates

HUD under President Trump says FHA home loans to non-permanent residents have all but disappeared since the May 2025 ban

FHA purchase loans to non-permanent residents have nearly vanished since HUD cut them out of the program, according to figures the agency released on Oct....

Buying & Selling

Sellers in Salt Lake City and Portland cut prices on about a third of their listings in September, Realtor.com says

Salt Lake City had the largest share of discounted listings among the 50 biggest U.S. metro areas in September, with 33.6 percent of active homes...

Renting & Leasing

Apartments.com says the national average apartment rent slipped to $1,752 in September

The national average apartment rent slipped to $1,752 in September, down 0.08 percent from August, according to the monthly rent report from Apartments.com, the rental...

Mortgages & Rates

Fannie Mae dropped three limits on attorney opinion letters used instead of title insurance

An attorney’s written opinion can stand in for a title insurance policy on a mortgage that Fannie Mae buys, and since October 7 three restrictions...

Mortgages & Rates

Fannie Mae issued new rules for pension income that starts after closing

Fannie Mae told mortgage lenders on October 7 how to document pension, annuity and retirement income that has not started paying by the time a...

Mortgages & Rates

A conforming mortgage still stops at $832,750 in most of the country

The Federal Housing Finance Agency still lists $832,750 as the largest one-unit mortgage that Fannie Mae and Freddie Mac can buy in most of the...

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