Posts by John Yellig

New-home sales post surprise gain in October as median price hits new high 

New-home sales rose 7.5% month over month, while the median price of a new house surged to $493,000 from $455,700 in September and $427,300 a year ago, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development...

MBA: New-home mortgage applications fall in October 

The pace of new single-family home sales, meanwhile, fell 6.1% from September to...

Taylor Morrison launches Yardly build-to-rent brand 

The brand will specialize in cottage-style homes with private...

NAR: Existing-home sales fall again in October as prices continue to rise 

The median existing-home price rose for the 128th month in a row, extending its record-breaking streak of...

Housing starts slow in October but remain elevated 

The number of homes under construction rose during the month, as homebuilders continued to work through a large backlog of...

MBA: Mortgage applications rebound on lower rates 

The largest single-week decline in conventional mortgage rates since July brought the first increase in home-loan applications since September, the Mortgage Bankers Association...

NAR names Utah Realtor as 2023 president 

The appointment was one of many leadership announcements the National Association of REALTORS® made at its annual convention in Orlando,...

Residential Real Estate Council hires new CEO 

The new chief executive previously served as CEO of the Women's Council of...

CoreLogic: September brings fifth consecutive monthly slowdown in home-price growth 

Looking ahead, CoreLogic expects national year-over-year appreciation to slow to 3.9% by September...

PulteGroup COO to retire next year 

The Atlanta-based homebuilding giant will replace the outgoing executive with its senior vice president for field...

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