After years of fast-paced home sales, tight inventory and relentless price growth, the U.S. housing market may finally be entering a new chapter.

The law helps delinquent VA borrowers and allows them to pay buyer-agent commissions when house shopping. 

Geographically, the only region to post a monthly increase in pending sales was the Northeast, where they rose 2.1%, according to NAR’s Pending Home Sales Index.

Nationally, the pace of home-price appreciation declined to its slowest pace in almost two years, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index. 

A new report from U-Haul identified the most common states of origin for do-it-yourself movers who relocated to Houston.

Sunterra, a Katy master-planned community from Land Tejas and Starwood Land, was the top-selling MPC in the area — and in Texas — with 543 new-home sales from January through June.

The inventory of new homes for sale surged year over year, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.    

Real estate economist Matthew Gardner joins Agent Publishing Co-Publisher Anne Hartnett to unpack the biggest housing trends from the second quarter, plus the potential impact of a new Fed chair and the future of Fannie Mae and Freddie Mac.

At the same time, the pace of existing-home sales declined from May’s level. 

Nationally, home sales rose 5.7% year over year and 1.3% month over month, RE/MAX said. 

New single-family home construction declined as builders continue to grapple with macroeconomic headwinds. 

“Following the tragic floods in Texas, we at the National Association of REALTORS® and the Realtors Relief Foundation are heartbroken at the lives lost and the communities devastated,” said RRF President Greg Hrabcak.

Texas transactions made up 10% of all international home purchases this past year, according to a report from the National Association of REALTORS®.

Purchase applications slowed to their lowest level since May as economic worries dampened activity, the Mortgage Bankers Association said. 

Zillow has rolled out five new features this summer to make searching for homes easier and more efficient.

West University Place and Bellaire ranked among the nation’s top suburbs based on median household income, home values and other economic indicators.