Lance Murray

Lance Murray New research from Zillow shows that the spring housing market is heating up the fastest in locations where buyers finally have choices.

Median single-family home and condo prices rose quarter-over-quarter in 42.7% (1,452) of the Opportunity Zone census tracts and increased year-over-year in 44.6% (1,518) of the tracts, according to property data provider ATTOM's first quarter 2026 report analyzing low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017.

The Campbell Place multifamily development will include a pre-K school open to families in the complex and the surrounding neighborhood.

House prices rose 1.7% between the first quarter of 2025 and the first quarter of 2026, according to the U.S. Federal Housing (FHFA) House Price Index released Tuesday.

Called “Block by Block: The Housing Plan for a New Era,” the program covers a wide swath of housing policy, from new construction to tenant protections to public housing, homeownership, and worker protections. It lays out a comprehensive strategy to make New York City more affordable for working people , Mamdani said at an event in Gowanus, Brooklyn.

From delayed first-time buyers to rising minority homeownership, demographic trends are transforming the housing market and mortgage industry alike.

Minneapolis Fed President Neel Kashkari said this week that ultimately, the Fed could undertake a series of rate hikes if inflation pressures related to the turmoil in the Middle East persist with higher oil and gas prices, inflation expectations continuing to climb, and the stock market pushing higher.

The CFPB is being sued by fair housing organizations over a rule change that the groups said would reverse decades of lending protections and open the door to discrimination against Black people, Latinos, and other minorities.

State lawmakers on Wednesday passed the tax on nonprimary residences as a way to help close the city's budget gap, CNBC reported. The tax will be imposed on second homes valued at $1 million or more and is expected to raise $500 million in revenue.

Desperate to win bidding wars in low-supply, high-demand markets, buyers often will offer far above the asking price, only to see the transaction stall because the appraisal falls short of mortgage requirements.