The national mortgage delinquency rate rose 5 basis points (bps) to 3.55% in June, roughly half the typical seasonal rise, according to data from Intercontinental Exchange Inc. (NYSE: ICE). The rate is 60 bps below the June 2019 pre-pandemic benchmark of 4.16%. The...
The NRP Group, a developer, builder and manager of multifamily housing, announced the financial closing and groundbreaking of Alora Lofts, an 88-unit affordable housing community in Kissimmee, Florida, 18 miles south of Orlando. The community is a four-story building...
Sales of new single-family houses in June were at a seasonally adjusted annual rate of 628,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development. This marked a 1.6% rise from the May rate of...
Two Florida real estate trade groups, Miami Realtors + RWorld and Martin County Realtors of the Treasure Coast (MCRTC), have merged into a single association and Multiple Listing Service (MLS). According to the organizations, the merger further strengthens the...
Howard Hanna Real Estate Services has expanded into the Northern New England market through a new partnership with Portside Real Estate Group, a Maine-based firm with offices across the state and in New Hampshire and Massachusetts. Founded in 2012 and led by Dava...
One in Five Sellers Cut Prices as Buyer Demand Retreats
