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Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Pennsylvania’s $315,000 median home sales price in April marked its third consecutive year-over-year surge. According to data from the Pennsylvania Association of Realtors (PAR), this marked a 7.4% increase from April 2025 and a 5% upswing from March. Median home sale...
Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Median home sale prices have jumped nearly 19% since the start of the year. Continue Reading Pennsylvania’s Median Home Sales Price Posts Third Straight Year-Over-Year Spike
Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development
The Hudson Companies, a real estate developer focused on the New York City metro area, has hired Isaac Henderson as principal and co-head of development. In his new job, Henderson will oversee Hudson’s mixed-use portfolio, across affordable and market-rate housing....
Mortgage Rates Rise to 9-Month High
Mortgage rates rose to their highest level since August, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.51% as of May 21, up from last week when it averaged 6.36%. A year ago at this...
Zombie Foreclosure Rate Increased During Q2
Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
News & Current Events
New Report Tracks Slowing in Home Sale Agreement Cancelations
April’s cancelation rate tied with January for the lowest level of contract cancellations since September 2024. Continue Reading New Report Tracks Slowing in Home Sale Agreement Cancelations
Housing Starts Dropped During April
The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April
Southern Land Company Launches In-House Mortgage Division
SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home communities. Continue Reading Southern Land Company Launches In-House Mortgage Division
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Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development
Henderson previously served as managing director at Rockefeller Group. Continue Reading Isaac Henderson Joins The Hudson Companies as Principal and Co-Head of Development
Mortgage Rates Rise to 9-Month High
The 30-year fixed-rate mortgage averaged 6.51% as of May 21. Continue Reading Mortgage Rates Rise to 9-Month High
Zombie Foreclosure Rate Increased During Q2
Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
New Report Tracks Slowing in Home Sale Agreement Cancelations
April’s cancelation rate tied with January for the lowest level of contract cancellations since September 2024. Continue Reading New Report Tracks Slowing in Home Sale Agreement Cancelations
Housing Starts Dropped During April
The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April
Southern Land Company Launches In-House Mortgage Division
SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home communities. Continue Reading Southern Land Company Launches In-House Mortgage Division
KB Home Expands into Atlanta Market
Bill Schmidt, who joined the company in 2025 as division president, will lead KB Home’s operations throughout the region. Continue Reading KB Home Expands into Atlanta Market
New York State’s Housing Inventory Expands, But Sales Remain Down
Median sales prices enjoyed a 2.4% uptick from $420,000 in April 2025 to $430,000 last month. Continue Reading New York State’s Housing Inventory Expands, But Sales Remain Down
MRED Revokes Zillow’s Access to its Listing Data Feeds
MRED accused Zillow of “attempting to impose” its own display rules on listings marketed under MRED policies. Continue Reading MRED Revokes Zillow’s Access to its Listing Data Feeds