Browsing: Residential

The U.S. housing market continued its cooling trend in May 2025, with year-over-year home price growth slowing to 1.8%, down from 5% in May 2024. This marks the slowest annual increase since the winter of 2012, reflecting a market grappling with high mortgage rates and cautious buyer sentiment. The spring homebuying season, traditionally a period...

The U.S. housing market is showing signs of stabilization as the summer of 2025 progresses, providing prospective buyers with increased opportunities. A notable rise in housing inventory, coupled with a slight decline in home prices, is creating a more favorable environment for those looking to purchase homes. Housing inventory has seen a significant uptick, with...

As the United States commemorated its 249th Independence Day, homeowners nationwide transformed their residences into vibrant displays of patriotism. From bustling cities to quiet suburbs, the red, white, and blue adorned neighborhoods, reflecting a collective spirit of national pride and community engagement. In cities like Philadelphia, known as the birthplace of American independence, historic row...

The U.S. housing market is undergoing a notable transformation in mid-2025, with increased inventory levels and a slight dip in mortgage rates providing a more favorable environment for prospective homebuyers. This shift marks a departure from the seller-dominated landscape that characterized the market during the pandemic years. According to recent data, the average 30-year fixed...

California developers are celebrating a significant legislative shift following Governor Gavin Newsom’s signing of two bills that substantially weaken the California Environmental Quality Act (CEQA). This move is aimed at accelerating housing development in urban areas to address the state’s severe housing shortage, estimated at 3.5 million homes. The newly enacted laws, Assembly Bill 130...

The Asian Real Estate Summit (ARES) 2025 commenced on July 1 in Bangkok, Thailand, drawing over 1,000 real estate professionals and more than 30 top developers from the Philippines. Organized by Cebu-based Filipino Homes, the two-day event aims to foster global partnerships and explore sustainable and affordable housing solutions to meet the rising demand in...

Chicago-based RSK Real Estate Partners has announced plans to develop a 156-unit build-to-rent (BTR) duplex community in Katy, Texas, marking a significant addition to the region’s growing rental housing market. The project, situated on a 9.37-acre site near the Market at Katy Park, will feature 103 three-bedroom and 53 two-bedroom duplexes, each averaging 1,600 square...

The Twin Cities housing market exhibited modest yet steady growth in June 2025, characterized by a slight increase in pending sales and a notable rise in available inventory. According to Edina Realty, pending sales in the region edged up by 0.5%, while the median sales price climbed 2.6% year-over-year to $395,000. These trends suggest a...

The U.S. housing market is expected to experience modest growth in 2025, according to Lawrence Yun, Chief Economist at the National Association of Realtors (NAR). Yun projects a 3% increase in the national median home price and anticipates a rebound in home sales during the latter half of the year, following a period of subdued...

Despite ongoing challenges in the U.S. housing market, including elevated mortgage rates and affordability concerns, certain metropolitan areas are poised for significant growth in home sales in 2025. According to Realtor.com’s latest forecast, cities such as Colorado Springs, Miami, and Virginia Beach are expected to lead the nation in home sales growth, with projected increases...