New home purchase mortgage applications fell 4.5% year-over-year in May, with estimated sales down 12.1% from April, the MBA said.
Federal Reserve officials expect inflation to rise but still anticipate two interest rate cuts by the year’s end. Interest rates impact mortgage rates.
Simple furniture swaps, like a new chair, bench or coffee table, can refresh a home for summer guests and gatherings with no renovations needed.
Housing starts fell 9.8% in May, driven by a sharp drop in multifamily construction, while single-family starts were mostly flat amid ongoing market pressures.
Smart devices have surged to nearly 18.8 billion worldwide, many collecting personal data. Protect your privacy by securing devices, updating firmware, and limiting data sharing.
Builder confidence eased in June, but increased price incentives reflect efforts to make homes more affordable and attract buyers in today’s market.
New research shows dark olive green and rich navy blue are the value-boosting colors of 2025. Buyers prefer dark shades of green, blue and gray.
New laws boost housing, end the business rent tax, strengthen property rights and improve condo transparency. Some measures still await the governor’s signature.
A new study showed two invasive termite species are crossbreeding in Florida, raising concerns about their spread and increased structural and environmental damage.
Sellers outnumber buyers by 500K nationwide, the widest gap in over a decade, as listings rise and buyers remain cautious amid high mortgage rates.
