Lora Lee Properties

05/31/2026

Existing home sales update:

News The National Association of Realtors is reporting that existing home sales increased 0.2% in April, 2026 to a seasonally-adjusted annual rate of 4.02 million. Total housing inventory at the end of April was 1.47 million units, up 5.8% from March and up 1.4% from one year ago. Unsold inventory s...

05/30/2026

Top spots for military veterans and military families:

Veterans United Home Loans has released its 2026 rankings for the top 10 best locations for veterans and military families to settle down, with the majority of locations being found in large metro areas with warm climates. Click through to learn what factors the rankings take into account.

05/29/2026

Home down payment update:

According to Realtor.com data, down payments reached a four-year low in Q1 2026, and while still above pre-pandemic levels, amounts have decreased for four straight quarters, reflecting increased housing inventory and home price moderation.

05/28/2026

Home builder update:

The National Association of Home Builders and Wells Fargo said builder confidence improved modestly as some buyers returned to the market, though elevated mortgage rates and economic uncertainty continue to weigh on demand.

05/27/2026

New home sales:

Residential The U.S. Government is reporting that sales of new single-family houses in March, 2026 were at a seasonally adjusted annual rate of 682k, which is 7.4% higher than February’s revised rate and is 3.3% higher than one year ago. The median sales price of new houses sold in March was $387,...

05/26/2026

Rise in GDP:

Economics According to their latest estimate, the U.S. Bureau of Economic Analysis is reporting that America’s real gross domestic product (GDP) increased at an annual rate of 2% in Q1 2026. Click here to read the full report at the U.S. Bureau of Economic Analysis.

05/25/2026

New home sales update:

Residential The U.S. Government is reporting that sales of new single-family houses in March, 2026 were at a seasonally adjusted annual rate of 682k, which is 7.4% higher than February’s revised rate and is 3.3% higher than one year ago. The median sales price of new houses sold in March was $387,...

05/24/2026

Today, we as Americans remember on this Memorial Day weekend those who paid the ultimate sacrifice for the daily freedoms we all enjoy.

05/23/2026

Housing costs fuel youth exodus:

According to a recent Realtor.com survey, the popular Boston metro is facing large-scale outbound migration of young Americans who are being forced to relocate to more affordable areas due to soaring housing costs.

05/22/2026

Senate approves Walsh as Fed Governor:

The chamber voted 51-45 to confirm Kevin Warsh to a 14-year term as one of the Fed's seven governors. The Senate still needs to vote separately to confirm Warsh as chair of the Board of Governors, replacing Jerome Powell, whose term ends Friday.