Americans are gearing up for a record-breaking Memorial Day weekend, with AAA forecasting that 45.1 million people will travel at least 50 miles from home between Thursday, May 22 and Monday, May 26. The figure marks a 1.4 million increase from last year and breaks the previous travel record of 44 million, set in 2005.…
April new home sales was an anomaly say U.S. homebuilders New home sales in the U.S. posted a surprising gain in April 2025, defying persistent economic headwinds, elevated interest rates, and rising construction costs. According to newly released data from the U.S. Census Bureau and the Department of Housing and Urban Development, sales of newly…
High mortgage rates still hobbling the U.S. housing market According to new data released by the National Association of Realtors, existing-home sales dipped again in April 2025, reflecting ongoing challenges in the U.S. housing market despite growing inventory and continued buyer interest. Completed sales of existing homes–including single-family homes, townhomes, condominiums, and co-ops–fell 0.5% from…
Housing Inventory Rises to Highest Level Since 2020 Sales of existing U.S. homes dropped to a seasonally adjusted annual rate of 4.2 million in April 2025, hitting their lowest level since October 2024, according to new data released by Redfin. The figure marks a 0.2% decline from March 2025, and a 1.1% drop year-over-year–breaking a…
Median home prices rose in nearly half of U.S. Opportunity Zones in the first quarter of 2025, reflecting continued housing market momentum even in some of the nation’s most economically distressed communities, according to a new report from property data provider ATTOM. Based on ATTOM’s latest Opportunity Zones Report, 48% of the 3,120 zones analyzed…
Investing in vacation rental properties should never be a prompt decision. It requires a thoughtful decision-making process to ensure that you are getting a good return on investment (ROI). There are several factors like choosing the right location, accommodating the customer’s demands, and calculating the operational costs to figure out a viable option. Moreover, you…
This week, the Federal Reserve reduced its key interest rate by a quarter percentage point, marking the third consecutive cut and signaling a cautious outlook for future reductions. As widely expected by markets, the Federal Open Market Committee (FOMC) lowered the overnight borrowing rate to a target range of 4.25%-4.5%. This brings the rate back…
By Istvan Fehervari, Homebourse CEO Miami is no longer just a vacation paradise with sun-drenched beaches and luxurious nightlife. Over the last few years, the city has emerged as a financial and tech powerhouse, reshaping its identity and rapidly attracting businesses, investors, and top-tier talent from across the globe. From its low-tax environment to a…
The National Association of Realtors (NAR) reported a rise in U.S. existing-home sales in the full month of November 2024. Sales increased in three major regions and held steady in the West. Year-over-year, all four regions saw sales growth. Total existing-home sales — including single-family homes, townhomes, condominiums, and co-ops–rose 4.8% from October, reaching a…
Builder sentiment remained consistent at the close of 2024, as elevated home prices and mortgage rates balanced builders’ optimism about a potential improvement in the regulatory business environment by 2025. Reflecting this optimism, builders reported heightened expectations for increased sales in the coming months. In December 2024, builder confidence in the market for newly constructed…