New single-family home sales in the U.S. rose 10.9% in April as builders offered incentives to attract buyers despite economic headwinds.
Homeowners across the U.S. hold $11T in tappable equity. Experts urge caution and understanding of loans, HELOCs and other options before borrowing against it.
Existing-home sales slid 0.5% in April to a seasonally adjusted annual rate of 4.00 million. Sales retreated 2.0% from one year ago.
Florida Realtors Chief Economist cites still high mortgage rates as a factor, saying if they fall to 6%, it will help affordability and spur more buyer competition.
The bill retains the current tax rates while including NAR-supported provisions, including a qualified business income deduction increase and the SALT deduction.
Today, buyers are likely to be more discerning and less willing to pay as much of a premium for a home with a pool than during the pandemic.
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New home mortgage applications rose 5.3% nationwide in April 2025 from last year, hitting the highest level since 2012, signaling stronger new home sales.
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