The latest National Association of Home Builders (NAHB) / Wells Fargo (NYSE:WFC) Housing Market Index (HMI) found builder confidence in the market for newly built single-family homes at the level of 45 in May, down six points from April for the index’s first...
A total of 31,649 residential properties carried foreclosure filings in April, down 4% from both the previous month and the previous year, according to data from ATTOM. Nationwide one in every 4,453 housing units had a foreclosure filing in April. The states with the...
Mortgage applications activity recorded a very mild upswing last week, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s of mortgage loan application volume, increased by 0.5% on a seasonally adjusted basis for the...
Minnesota Attorney General Keith Ellison has filed a lawsuit accusing realtor Chadwick Banken of violating state and federal laws by reportedly selling houses via predatory and illegal contracts for deed and for allegedly discriminating against Muslim homebuyers. The...
Real estate developer and philanthropist Frank McCourt announced he is organizing a bid to acquire the TikTok social media platform. McCourt, who is executive chairman of McCourt Global and a former owner and chairman of the Los Angeles Dodgers and Dodger Stadium from...
Hits and Misses for the Real Estate Week of June 29-July 3
