Weekly Housing Headlines

Mortgage applications decreased 4.7% from one week earlier; mortgage credit availability increased to its highest level in four months; 93% of Americans says housing costs are too high; homebuyer affordability in September reached levels not seen since early 2023; price growth continues its downward trend, only rising 1.3% in August 2025; and roughly a third of all homes sold during the first half of 2025 were paid for in all cash.

Mortgage Applications Decreased in Latest MBA Weekly Survey
Mortgage Bankers Association - 10/8/2025
Mortgage applications decreased 4.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending October 3, 2025.

Mortgage Credit Availability Increased in September
Mortgage Bankers Association - 10/9/2025
Mortgage credit availability increased to its highest level in four months, driven by a growing supply of ARM loans, both in terms of more ARM products and broader eligibility requirements.

93% of Americans Say Housing Costs Are Too High — and These Are the Factors They Blame
Realtor.com - 10/6/2025
Only 3% of respondents believe housing costs in the U.S. are "reasonable," according to a new survey. A total of 93% said housing costs are unreasonable, either "a little too high" (15%), "too high" (36%) or "way too high" (43%).

Mortgage affordability reaches best level since 2023
Scotsman Guide - 10/6/2025
Homebuyer affordability in September reached levels not seen since early 2023 as easing mortgage rates raised homebuyers’ purchasing power, according to the October 2025 Mortgage Monitor report from ICE Mortgage Technology.

U.S. home price insights — October 2025
Cotality - 10/7/2025
Year-over-year price growth continues its downward trend, only rising 1.3% in August 2025. Monthly price increases were in negative territory (down 0.3%) between July and August 2025, following a 0.2% decline in July.

Cash is King: Trends in All-Cash Home Sales
Realtor.com - 10/7/2025
Nationally, roughly a third of all homes sold during the first half of 2025 were paid for in all cash, down just 0.6% from the same period a year ago, according to a new report from Realtor.com.

Redfin Reports Nearly 60,000 Home Purchases Were Called Off in August
Redfin - 10/7/2025
Buyers frequently back out of deals when they find issues during the inspection, they have trouble selling their existing home or their financing falls through, according to a survey of Redfin agents.

Redfin Reports There Are 72% More Condo Sellers Than Buyers in the U.S.
Redfin - 10/6/2025
Would-be condo buyers are spooked by high costs, including HOA dues, but the silver lining is bargaining power. The gap between sellers and buyers has shrunk since springtime, though, when there were 81% more sellers.

Steady rise in foreclosure filings continues through third quarter
Scotsman Guide - 10/9/2025
Across the U.S., a total of 101,513 properties had a foreclosure filing — such as a default notice, scheduled auction or bank repossession — during Q3 2025, a 17% rise from a year ago but up less than 1% from the second quarter.

Affordable homes, unstable costs
Cotality - 10/3/2025
Escalating escrow costs are reshaping the financial reality of homeownership across the U.S., undermining the predictability once promised by fixed mortgage payments.