US existing home sales jumped 3.2% in May to a 4.17M annualized rate, crushing expectations. Dropping mortgage rates triggered a buyer rush, pushing the median price to a record $429,300 despite inventory rising to 1.55M units.
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On this week’s Real Estate Today, we explore how friends, families and first-time buyers are teaming up to purchase homes, sharing space and finding more creative, affordable paths to homeownership in today’s shifting market. Tune in now!
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Another huge deal in apartment world.
Asset Living is 2nd largest property manager in U.S. with 450k units.
PE to PE deal, for those curious about such things.
Berkshire Hathaway is making a massive $6.8B bet on the housing market, acquiring homebuilder Taylor Morrison at a 24% premium.
Current metrics look grim, but Warren Buffett's team is ignoring the short-term noise.
Long-term institutional buyers say housing valuations have officially bottomed.
New Home Sales Drop Sharply in April
Sales of newly built single-family homes fell 6.2% to a seasonally adjusted annual rate of 622,000, missing economist expectations.
Rising mortgage rates and affordability challenges continue to weigh on demand, pushing the median new home price to $422,500.
Many older homeowners want to downsize but can't find smaller homes that make financial sense, leaving them stuck in homes that no longer fit while younger buyers compete for a supply of starter homes that never comes to market.
Read: https://t.co/1qwMr1bIcM
Mary Steenburgen, 73, and Ted Danson, 78, have relisted their Martha's Vineyard compound for $9.88 million, down from its original $14 million ask in May 2025, after the property where they married in 1995 failed to find a buyer.
Read: https://t.co/qb2oUoRdZx
In 11 cities, new homebuyers pay at least double the property taxes of longtime owners in comparable homes, with the gap largest in Miami, where new buyers pay $10,024 annually compared to just $3,166 for longtime owners, and San Jose, where the difference reaches $8,178 a year.
Read: https://t.co/MHdBqeWfZN
The housing market is still finding its footing this spring.
Existing-home sales increased 0.2% in April, according to NAR’s Existing-Home Sales report. Sales climbed in the Midwest and South, held steady in the Northeast, and slowed in the West as buyers and sellers continue adjusting to today’s market conditions.
Breaking real estate news happened LIVE during our podcast recording.
While John Geha and @jackmiller of @t3sixty discussed industry consolidation, news broke that eXp acquired NextHome.
Real-time reaction. More to come!
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Denver surpasses Tampa as the market with the fastest-falling home values.
Denver home values fell 2.2% year over year in February, the steepest decline of any major metro and displacing Tampa as the nation's weakest housing market, according to the S&P Cotality Case-Shiller Index. More than half of major U.S. metros posted year-over-year price declines.
Read: https://t.co/cp0f9ii7zn
Tens of millions of prospective homebuyers may soon qualify for mortgages due to new rules. Fannie Mae and Freddie Mac's changes include on-time rent and utility payments in credit score calculations.
Read: https://t.co/ziW24UzZ5Y
Pending home sales rose 1.5% in March from February, a positive sign for the housing market despite climbing mortgage rates and soaring gas prices from the Iran war, according to NAR. "A greater supply of inventory will help translate that demand into more home sales," said NAR Chief Economist Lawrence Yun, who added that new construction should focus on smaller, more affordable starter homes to reach first-time buyers most squeezed by rate fluctuations.
Read: https://t.co/1IXFr9FoSG
Here are the top stories from the NAHB Monday Morning Briefing for April 13, 2026. Read more #housing industry news at https://t.co/W2s3uBvbgg. #realestate
New paper argues that 92% of the increase in FHA mortgage delinquencies between Sept. 2025 and Jan. 2026 "is driven by how an FHA policy change is reported rather than increasing financial fragility among FHA borrowers"