Existing home sales increased by 1.5% month-over-month and by 4.1% year-over-year in September, totaling 1.55 million units sold, according to the new data from the National Association of Realtors (NAR). Last month saw a 4.6-month supply of unsold inventory,...
Mortgage rates are continuing to drop, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.19% as of Oct. 23, down from last week when it averaged 6.27%. A year ago at this time, it...
The City Council of Port St. Lucie, Florida, unanimously voted to extend preliminary approval to an operating agreement for a new 6,000-seat professional soccer stadium. Treasure Coast News reports the council’s vote ignored a petition drive by city residents who...
A new data report from ATTOM has determined that 46.1% of mortgaged residential properties were equity-rich during the third quarter, down from 47.4% in the second quarter and from 48.3% in the third quarter of 2024. This occurred even though the national median home...
Pennsylvania recorded 10,696 home sales during September, a nearly 10% year-over-year surge. However, sales were down slightly from the 11,470 transactions in August. According to the Pennsylvania Association of Realtors (PAR), there were more than 43,000 homes on the...
