According to new data from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, sales of newly built, single-family homes in July 2024 rose 10.6% to a 739,000 seasonally adjusted annual rate from significant upward revisions in June 2024. The pace of new home sales in July is up 5.6% from a year earlier. After the notably higher revisions for the May and June data, new home...

Mortgage market conditions presented over the past two years have muted the effectiveness of the monetary policy tightening by saving $600 billion for homeowners, accounting for about 2% of personal consumption spending since 2022, according to a report by two Swiss Re Institute senior economists.  “A dollar not spent on mortgage payments is a dollar free to spend elsewhere. This helps explain why...

Vetted by HousingWire  |  Our editors independently review the products we recommend. When you buy through our links, we may earn a commission. Unless you’ve been living under a rock, you’ve probably already seen North Carolina Realtor Mike Hege’s mega-viral video or his interview on Today.com. But did it move the needle for his business, or was it just a flash in the proverbial pan? To find...

Despite the overwhelming desire among the baby boomer generation for aging in place in their current homes, practical challenges like living costs and elevated home prices appear to be leading more older people to cohabitation with roommates, or “boommates.” This is according to a column published this week by NextAvenue. “As home prices rise and property taxes and insurance bills soar, it’s...

Chris Bruser, a reverse mortgage professional in Florida, agreed with an assertion that most people do not dream of entering the reverse mortgage business when they’re kids. But success can have a major impact on young people when they’re exposed to what it can look like, and this much was true for Bruser as a teenager when he worked at a country club as a golf caddy. These early interactions with...

Fintech Calque rolled out an affordable version of its Buy Before You Sell program that enables homeowners to remove home sale contingencies and debt-to-income (DTI) constraints. Dubbed the “Contingency Buster,” the product uses its Purchase Price Guarantee (PPG), a binding backup contract that if a homebuyer’s current home does not sell within 150 days, the fintech will purchase it at an...

Hulu’s star-studded mystery/comedy series, Only Murders in the Building, is one of the streaming platform’s biggest hits, with critics and audiences alike tuning in to see whodunit. The show’s silly approach to true crime obsessives is at once hilarious and insightful, thanks in large part to its extremely charming central trio — played by legendary comedians Steve Martin and Martin Short,...

Everyone is thinking pink. Left: Marat Musabirov / Getty Images; Right: dianazh / Getty Images | Design: Better Homes & Gardens We've seen all kinds of food trends come up through TikTok: dessert bowls, cottage cheese everything, girl dinner. The latest obsession has foodies fixated on vibrant oils to cook with—but it's more than that. They're not just entertained; they're invested."We all...

Should you rinse them right away after bringing them home or wait until you’re ready to cook? Blaine Moats Since we can do everything from bake and twice bake to roast, fry, grill, hasselback, hash, smash, and salad-ify spuds, we almost always have a big bag of potatoes on hand. We celebrate and savor them often in recipes ranging from timeless casseroles to trending Million-Layer Potatoes, and...

Re-create this clever decor trend in your home—for just a few dollars! Emily VanSchmus As a home editor, I was in decor heaven on a recent trip to Magnolia. I was prepared to spend a pretty penny at the Magnolia Home store, but my favorite thing in the shop wasn’t actually for sale. Even better: You can re-create the unexpected trend in your own home for just a few dollars.The Magnolia Home...