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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

First-time buyers made up 30 percent of August home sales, up from 29 percent in July

First-time buyers accounted for 30 percent of existing-home sales in August, up from 29 percent in July and from 28 percent a year earlier, according...

Market Trends

Housing supply hit 4.9 months in August, the highest in over ten years

Unsold homes across the country equaled 4.9 months of supply in August, the highest level in over ten years, according to the National Association of...

Mortgages & Rates

HUD is auctioning about 4,200 reverse mortgages worth $1.3 billion on homes where every borrower has died

About 4,200 federally insured reverse mortgages, carrying roughly $1.3 billion in unpaid balances, are being sold in bulk by the Department of Housing and Urban...

Mortgages & Rates

FHA will accept VantageScore 4.0 and FICO 10T credit scores on mortgages starting January 1, 2027

Starting Jan. 1, 2027, FHA-insured mortgages will accept two additional credit-score models, VantageScore 4.0 and FICO Score 10T, under FHA INFO 2026-21, a notice the...

Market Trends

Builders started single-family homes at a 918,000 pace in August, up 7.6 percent from July

Builders broke ground on single-family homes at a seasonally adjusted annual rate of 918,000 in August, the Census Bureau reported Sept. 17, 2026, a 7.6...

Market Trends

Home completions plunged 27.1 percent from a year earlier in August, the Census Bureau says

Privately-owned housing completions fell to a seasonally adjusted annual rate of 1,128,000 in August, down 27.1 percent from the 1,548,000 pace recorded a year earlier,...

Market Trends

Seagate shareholders can claim about $1.03 a share from a $175 million settlement by October 19

A $175 million securities settlement is now open for claims from investors who held Seagate Technology stock while the company was concealing an export-law problem...

Renting & Leasing

More than 200 renters were denied housing through a Brooklyn tenant-blacklist scheme

A Brooklyn real estate firm turned away 203 rental applicants between 2019 and 2025 based on their housing court histories, a practice New York outlawed...

Renting & Leasing

New York says a Brooklyn landlord must return $150,000 in withheld renter deposits

A Brooklyn real estate firm must return $150,000 in “good faith” deposits it kept from apartment applicants, New York Attorney General Letitia James announced on...

Renting & Leasing

Nearly 18 percent of housing-voucher areas see their rent ceiling fall October 1

The U.S. Department of Housing and Urban Development on September 1 released the fiscal year 2027 Fair Market Rents that set the payment ceiling for...

Renting & Leasing

New federal rent ceilings take effect the same day the public comment window on them closes

The Department of Housing and Urban Development’s fiscal year 2027 Fair Market Rents become effective October 1, 2026, the identical date HUD’s own notice sets...

Market Trends

Home prices are flattening as buyers wait out 7% mortgage rates

U.S. home values rose just 1.1% over the past year, according to Zillow’s July Market Report, the kind of near-flat reading that shows how thoroughly...

Renting & Leasing

Rents are climbing again as steep mortgage rates keep would-be buyers renting

The typical U.S. rent climbed to $1,962 a month in July, up 2.3% from a year earlier, as mortgage rates near a one-year high keep...

Renting & Leasing

New federal rent ceilings take effect October 1, and they fall for more than a third of the country

New federal rent ceilings for the Housing Choice Voucher program take effect October 1, and the two-bedroom limit is falling in more than a third...

Mortgages & Rates

The 30-year mortgage rate climbed to 6.95%, its highest in a year, raising the cost of every new loan

The average rate on a 30-year fixed mortgage climbed to 6.95% for the week ending September 17, according to Freddie Mac’s Primary Mortgage Market Survey,...

Renting & Leasing

HUD now builds part of each area’s rent ceiling from a national water, sewer and trash figure

Part of the math behind every area’s fair market rent for fiscal year 2027 now runs through a single national number instead of a local...

Renting & Leasing

A new rule keeps any area’s Section 8 rent ceiling from dropping more than 10 percent for 2027

When HUD calculates a new fair market rent for a metro area or county, a falling local rental market can normally translate into a lower...

Renting & Leasing

HUD gives renters and landlords until October 1 to challenge the new voucher rent ceilings

The U.S. Department of Housing and Urban Development published its fiscal year 2027 fair market rents on September 1, setting a hard deadline for anyone...

Renting & Leasing

New fair-market rents take effect October 1, resetting how far a housing voucher stretches

HUD published new Fair Market Rents for fiscal year 2027 on September 1, 2026, and the figures take effect October 1 unless a local housing...

Market Trends

New Jersey gives property-tax filers until September 15 to change bank details before automatic payments

New Jersey is automatically filing many 2025 ANCHOR property-tax relief applications, but that convenience comes with a short banking-information clock. For recipients who received last...

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