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
Home prices rose just 1.4% in a year in July and fell in Texas, Colorado, Washington and Hawaii, Cotality says
U.S. home prices rose 1.4% in the year through July, and prices fell in four states: Texas (down 0.8%), Colorado (down 0.7%), Washington (down 0.4%)...
About half of U.S. mortgages still carry rates of 4% or lower, keeping owners locked in, Fed Governor Barr says
“About half of all mortgages still carry rates of 4 percent or lower,” Federal Reserve Governor Michael Barr said on Sept. 23, and nearly 80%...
Rent now runs 34% higher than before the pandemic, and about half of renters are cost-burdened, Fed Governor Barr says
Renters have absorbed a 34% jump in the consumer price index for rent since December 2019, and about half of all renters are cost burdened,...
Home affordability hit a 21-year low in July, Fed Governor Michael Barr says
A reading of 68 on the Atlanta Fed’s Home Ownership Affordability Monitor in July 2026 is the lowest in 21 years, Federal Reserve Governor Michael...
Louisiana leads the nation in late mortgages, with 8.41% of loans behind in August
Louisiana had the highest share of mortgages behind in August, with 8.41% of active loans either delinquent or in foreclosure, according to the First Look...
Median U.S. rent slipped to $1,388 in September, the first monthly drop since January
Apartment List’s September 2026 national rent report puts the median U.S. rent at $1,388 a month, down 0.1% from August and the first monthly drop...
Homes in foreclosure jumped 41% in a year to 298,000, ICE says
About 298,000 homes were in the foreclosure process at the end of August, up 89,000 or 41% from a year earlier, according to the First...
Midwest new-home sales jumped 84.9% in August to a 98,000 annual pace
New-home sales in the Midwest nearly doubled in August, rising 84.9% to a seasonally adjusted annual rate of 98,000 units, according to the same Census...
Builders had 483,000 new homes for sale at the end of August, Census data show
Builders ended August with 483,000 new homes sitting on the market, unchanged from July, according to Census Bureau data that also put the supply of...
The average new-home price fell 8.8% in a year to $478,700 in August
Buyers who signed a contract for a new home in August paid $478,700 on average, the Census Bureau reported, 8.8% less than a year earlier...
Cash-out refinances made up 54.4% of all refinances in June, FHFA data show
More than half of the refinances Fannie Mae and Freddie Mac backed in June, 54.4 percent, pulled cash out of a home rather than simply...
Mortgages 60 or more days late rose to 0.83% of Fannie and Freddie loans last quarter, FHFA reports
The share of Fannie Mae and Freddie Mac mortgages 60 or more days past due climbed to 0.83 percent in the second quarter of 2026,...
More than 37,000 Fannie and Freddie mortgages were in forbearance at the end of June
More than 37,000 Fannie Mae and Freddie Mac mortgages, 37,283 loans, remained in an active forbearance plan at the end of June, the Federal Housing...
Fannie Mae and Freddie Mac completed 48,439 foreclosure prevention actions in the second quarter, FHFA reports
A Federal Housing Finance Agency report posted September 24 puts the number of foreclosure prevention actions Fannie Mae and Freddie Mac completed in the second...
Pennymac is already lending up to $850,000 on conforming loans, ahead of FHFA’s official 2027 limit
Pennymac is now underwriting conventional loans up to $850,000 on one-unit properties in most states, weeks before the Federal Housing Finance Agency is due to...
Mortgage rates climbed to 7.03% this week, Freddie Mac says, up from 6.95%
Thirty-year mortgage rates averaged 7.03% this week, up from 6.95% a week earlier, Freddie Mac’s Primary Mortgage Market Survey reported, an eight-basis-point increase in the...
New-home sales jumped 6.4% in August to a 684,000 annual pace, Census data show
U.S. homebuilders sold new houses at a seasonally adjusted annual rate of 684,000 in August, a 6.4% jump from July that the Census Bureau reported...
Pending home sales rose 0.3 percent in August but ran 4.7 percent below a year earlier
Signed contracts on existing homes rose 0.3 percent in August from July, but the National Association of Realtors’ pending home sales index still ran 4.7...
Southern home prices barely moved in August, rising 0.7 percent to $366,500
Home costs across the South, the country’s largest housing market by sales volume, rose just 0.7 percent in August to a median of $366,500, the...
The Midwest’s median home price rose 3.3 percent to $340,400 in August, lowest of any region
A median-priced home in the Midwest cost $340,400 in August, a 3.3 percent increase from a year earlier and still the least expensive of the...