The financial news that actually matters
Close to 1,000 California residential properties moved toward foreclosure auction during February 2026, based on state records tracking trustee sales under California Civil Code 2924m. The volume, logged in a statewide database maintained by the California Department of Justice, reflects a broader national pattern of gradually rising foreclosure activity that has persisted into early 2026….
Six suburban housing markets across the United States are on track for home price declines exceeding 8% by early next year, driven by a collision of pandemic-era overvaluation, persistent mortgage rate pressure, and rising inventory that has shifted bargaining power from sellers to buyers. The sharpest vulnerability sits in Sun Belt and Mountain West suburbs…
Homebuyers searching for properties across the Sun Belt are increasingly likely to find brand-new houses rather than resale listings. In several fast-growing metro areas stretching from Texas to Florida, some private real estate listing-data trackers estimate that new construction represents roughly one in three homes available for sale. If that share holds, it would be…
New home construction permits in the United States fell 3.1% in January 2026, dropping to a seasonally adjusted annual rate of 1,376 thousand units, according to the U.S. Census Bureau’s monthly residential construction report. The pullback comes as borrowing costs remain elevated, a backdrop that can weigh on new-project economics. For prospective homebuyers and renters…
Median asking rents are easing in enough large U.S. markets that a threshold which once looked untouchable is starting to give way again. In a dozen major metros, median asking rents are now back under $2,000 a month, a notable turn after the pandemic-era run-up pushed that level from warning sign to baseline in many…
For anyone trying to buy a home in 2026, the central mortgage question is no longer whether rates will crash back to pandemic lows. It is whether borrowing costs can settle low enough to make monthly payments more manageable without a fresh jump in home prices wiping out the benefit.That is why most serious forecasts…
The U.S. housing market looked a little less punishing for buyers in November, though not dramatically easier. More homes were listed for sale, asking prices softened modestly, and properties took longer to move than they did a year earlier. That combination did not amount to a housing correction, but it did mark another month in…
Mortgage application activity moved higher in early December as borrowing costs stayed near their lowest levels of the year, offering buyers and refinancers a modest opening after a housing market that has spent much of 2025 under pressure. The gain was real, but it was not the kind of broad-based surge that would signal a…