Real Estate

Sonder announced it would wind down U.S. operations and begin Chapter 7 liquidation the day after Marriott terminated its licensing agreement with the company.

Researchers say the latest trend reflects a normalization in foreclosure volumes.

Data also show the number of highly qualified refinance candidates rose to 1.7 million in late October, the largest since early 2022.

The increase came as mortgage rates ticked up to 6.34 percent.

As of 2024, remodeling firms accounted for 56 percent of all residential building construction establishments.

U.S. house prices rose by 2.3 percent from August 2024 to August 2025, according to the Federal Housing Finance Agency.

In 2024, coastal areas in Florida, Texas, New York, and Louisiana led the national net outflow of residents.

Meanwhile, the share of first-time homebuyers has declined to just 21 percent—a record low.

‘If the Fed brings down mortgage rates, then they can end this housing recession,’ the US Treasury secretary said.

Only 28 out of every 1,000 single-family homes have been resold this year.

Nationwide, 1.32 percent of homes sat vacant, a 0.01 percent decrease from vacancy rates in the previous quarter.

Home price gains in August were smaller than July’s 1.6 percent increase and well short of market expectations of 1.9 percent.

The national entry point for luxury homes fell for the fourth consecutive month in September.

Hotels account for one-third of conversions, while schools saw the largest increase in 2024.

A homebuyer with a $3,000 monthly budget can now afford a $473,750 home, up from $447,750 a year ago.

Rents for single-family homes rose just 1.4 percent in August, less than half the 3.3 percent growth recorded in the same month in 2024.

Meanwhile, the number of buyers’ markets in September doubled from a year ago.

Homeowners who sold off their properties in the third quarter made a 49.9 percent profit on a typical single-family home or condo.

The average 30-year fixed-rate mortgage dropped to 6.27 percent, marking the second-lowest level so far this year.

The merger is expected to close in late to mid-2026, the companies said.

Sonder announced it would wind down U.S. operations and begin Chapter 7 liquidation the day after Marriott terminated its licensing agreement with the company.

Researchers say the latest trend reflects a normalization in foreclosure volumes.

Data also show the number of highly qualified refinance candidates rose to 1.7 million in late October, the largest since early 2022.

The increase came as mortgage rates ticked up to 6.34 percent.

As of 2024, remodeling firms accounted for 56 percent of all residential building construction establishments.

U.S. house prices rose by 2.3 percent from August 2024 to August 2025, according to the Federal Housing Finance Agency.

In 2024, coastal areas in Florida, Texas, New York, and Louisiana led the national net outflow of residents.

Meanwhile, the share of first-time homebuyers has declined to just 21 percent—a record low.

‘If the Fed brings down mortgage rates, then they can end this housing recession,’ the US Treasury secretary said.

Only 28 out of every 1,000 single-family homes have been resold this year.

Nationwide, 1.32 percent of homes sat vacant, a 0.01 percent decrease from vacancy rates in the previous quarter.

Home price gains in August were smaller than July’s 1.6 percent increase and well short of market expectations of 1.9 percent.

The national entry point for luxury homes fell for the fourth consecutive month in September.

Hotels account for one-third of conversions, while schools saw the largest increase in 2024.

A homebuyer with a $3,000 monthly budget can now afford a $473,750 home, up from $447,750 a year ago.

Rents for single-family homes rose just 1.4 percent in August, less than half the 3.3 percent growth recorded in the same month in 2024.

Meanwhile, the number of buyers’ markets in September doubled from a year ago.

Homeowners who sold off their properties in the third quarter made a 49.9 percent profit on a typical single-family home or condo.

The average 30-year fixed-rate mortgage dropped to 6.27 percent, marking the second-lowest level so far this year.

The merger is expected to close in late to mid-2026, the companies said.