Glenn Solberg

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New Listings and Pending Sales

Inventory

Weekly Market Report

For Week Ending May 30, 2026 U.S. housing starts fell 2.8% from the previous month to a seasonally adjusted annual rate of 1,465,000 units in April, the U.S. Census Bureau reported. Despite the monthly decline, starts were up 4.6% from … Continue reading →

Mortgage Rates Decrease to 6.48%

June 4, 2026 The 30-year fixed-rate mortgage decreased to 6.48% this week. With mortgage rates in the mid-6% range and income growth outpacing home price growth, housing affordability is marginally improving. The 30-year fixed-rate mortgage averaged 6.48% as of June … Continue reading →

New Listings and Pending Sales

Inventory

Weekly Market Report

For Week Ending May 23, 2026 U.S. sales of new residential homes rose 7.4% month-over-month and 3.3% year-over-year to a seasonally adjusted annual rate of 682,000 in March, according to the U.S. Census Bureau. There were approximately 481,000 new homes … Continue reading →

Mortgage Rates Average 6.53%

May 28, 2026 The 30-year fixed-rate mortgage averaged 6.53% this week. Pending home sales have increased three months in a row, indicating there’s latent demand and homebuyers are ready to jump back into the market if mortgage rates decline. The … Continue reading →

April Monthly Skinny Video

Mortgage Rates Average 6.51%

May 21, 2026 The 30-year fixed-rate mortgage averaged 6.51% this week. As rates fluctuate, aspiring buyers should remember that by shopping around for the best mortgage rate and getting multiple quotes, they can potentially save thousands. The 30-year fixed-rate mortgage … Continue reading →

New Listings and Pending Sales

Inventory

Weekly Market Report

For Week Ending May 9, 2026 2026 has been the strongest spring for new listings since 2022, with listing activity up 8.7% month-over-month and 1.1% year-over-year in April, according to Realtor®.com. Among major metropolitan areas, Virginia Beach had the strongest … Continue reading →

Weekly Market Report

For Week Ending May 2, 2026 A family earning the U.S. median income of $104,200 needed to spend 34% of its income on the mortgage for a median-priced new home ($405,300) in the fourth quarter of 2025, down from 35% … Continue reading →

Existing Home Sales

Mortgage Rates Inch Down

May 14, 2026 Mortgage rates ticked down this week, averaging 6.36%. While purchase demand is softening, it remains above this time last year. Recent data also shows existing-home sales modestly edging up. The 30-year fixed-rate mortgage averaged 6.36% as of … Continue reading →

Mortgage Rates Average 6.37%

May 7, 2026 The 30 year fixed rate mortgage averaged 6.37% this week. Recent data points to slightly better conditions for buyers with a boost in new-home sales, median new-home prices being down to their lowest level since July 2021, … Continue reading →

New Listings and Pending Sales

Inventory

Weekly Market Report

For Week Ending April 25, 2026 The 30-year fixed-rate mortgage continued its downward trend, with the average rate falling to 6.23% for the week ending April 23, 2026–the lowest level in the past three spring homebuying seasons, according to Freddie … Continue reading →

Mortgage Rates Average 6.30%

April 30, 2026 The 30-year fixed-rate mortgage averaged 6.30% this week. As rates had modestly declined the last few weeks, purchase demand has accelerated with purchase applications rising to over 20 percent above a year ago. It is clear that … Continue reading →

New Listings and Pending Sales

Inventory

Weekly Market Report

For Week Ending April 18, 2026 U.S. sales of new residential homes fell 17.6% month-over-month and 11.3% year-over-year to a seasonally adjusted annual rate of 587,000 units in January, according to the most recent data from the U.S. Census Bureau. … Continue reading →

March Monthly Skinny Video

The 30-Year Fixed-Rate Mortgage Declines Further

April 23, 2026 The 30-year fixed-rate mortgage declined again this week to 6.23%. Rates currently stand at their lowest level in the last three spring homebuying seasons. This improvement, coupled with a pickup in purchase applications and refinance activity, as … Continue reading →

New Listings and Pending Sales

Inventory

Existing Home Sales

Weekly Market Report

For Week Ending April 11, 2026 44.6% of mortgaged residential properties in the U.S. were considered equity-rich—defined as having a loan-to-value ratio of 50% or lower—in the fourth quarter of 2025, according to ATTOM’s Q4 2025 U.S. Home Equity and … Continue reading →

Recent Posts

  • New Listings and Pending Sales
  • Inventory
  • Weekly Market Report
  • Mortgage Rates Decrease to 6.48%
  • New Listings and Pending Sales

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