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Delistings Surge Nearly 50% as Sellers Who Can’t Get Their Price Quit the Market in Frustration
After failing to find a buyer at the price they think they deserve, more home sellers are pulling their listings off the market altogether. Delistings jumped 47% nationally in May from a year earlier, in a sign that sellers would increasingly rather wait than negotiate, according to the Realtor.com® economic research team's latest monthly housing trends report . Year to date, delistings are up 35% from the same period in 2024. The increase is partly due to the overall expans
Cape Coral signals a housing market crash, what is happening in this Florida city
Florida’s Cape Coral is currently sitting on the verge of one of the worst housing markets in all of America, and experts believe that the situation is likely to escalate further soon. This situation, caused by a sharp decline in home prices, has created turmoil in the real estate industry, with many experts calling it a precursor to the 2008 US financial crisis. However, agents who spoke with HousingWire believe that the southwest Florida city is experiencing a natural marke


26% Fewer Canadians Are Searching For Homes in the U.S. Than Last Year
The number of Redfin.com users based in Canada searching for U.S. homes to rent or buy fell 26.4% from a year earlier in May. That’s a sign that fewer Canadians are moving south of the border or seeking vacation homes in once-popular destinations like Miami and Phoenix. Fewer Canadians are searching for homes in the United States than they were at the start of 2025, before the U.S. instituted steep tariffs on Canada and relations between the two countries started suffering


Prices and Trends in the U.S. Framing Lumber Market - June 9 2025
The week-to-week framing lumber composite price fell by 1.4% on June 6, 2025, declining to $432 per 1,000 board feet — the lowest price since February. Softwood lumber prices have dropped 4.8% over the past month, however, they remain 12.2% higher than they were one year ago. NAHB continually tracks the latest lumber prices and futures prices, and provides an overview of the behaviors within the U.S. framing lumber market. The information is sourced each week using the Random


Gov. Ron DeSantis Backs Proposal To Eliminate Property Taxes in Florida
The Florida Legislature is considering a move to eliminate property taxes in the state, a radical step that has the backing of Gov. Ron DeSantis . If actually carried out, the proposal would make Florida the first state in the country without property taxes, a prospect that has already drawn strong reactions from both supporters and opponents. A bill filed on Tuesday in the Florida Senate calls for a formal study of how eliminating real estate taxes could affect public se


Mortgage Rates Are Projected To Stay Higher for Longer Than Expected in 2025, Fannie Mae Says
Mortgage rates will likely remain higher this year than previously expected, due to persistent inflation and lingering uncertainty about President Donald Trump's trade policy, according to Fannie Mae. In a revised projection last week, Fannie Mae says it expects the 30-year fixed-rate mortgage to average 6.8% across 2025, and end the year at 6.6%. That's the second upward revision in a row for Fannie Mae, which in December projected rates to average 6.2% by the end of 2025


Housing Market Map: How much home insurance is expected to rise by 2055
Speaking before the U.S. Senate this month, Federal Reserve Chair Jerome Powell said that a decade or more down the road, homeowners in some parts of the country won’t be able to find home insurance. “Both banks and insurance companies are pulling out of coastal areas or areas where there are a lot of fires. So what that is going to mean is that if you fast-forward 10 or 15 years, there are going to be regions of the country where you can’t get a mortgage,” Powell told Congre


HOA Fees Are On the Rise—Does It Make Sense To Buy a Home With Monthly Dues?
You’re looking through homes online and spot one you love. It looks great, it’s the perfect size, and the price is right. You scroll down to see it has a homeowners association with dues that total $150 a month. Do you click away as fast as you can? Or are you impressed? Many buyers wonder if they should avoid, or seek out, real estate with an HOA. On one hand, HOAs can be expensive and buyers who’ve been scrimping and saving to afford a home probably won’t look kindly on th

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