Median home prices rose across New York State for the 13th consecutive month as sales of existing homes continued to decline. According to data from the New York State Association of Realtors, median home prices were $420,000, up 8.4% from $387,000 one year ago....
Connecticut’s home sales were down in the third quarter while median sales prices were on the rise, according to new data from SmartMLS, the state’s multiple listing service for residential real estate. During the third quarter, Connecticut recorded 9,871 total sales,...
The Mortgage Bankers Association (MBA) has hired Astrid Vermeer as senior vice president and chief financial officer (CFO). In her new job, Vermeer will oversee MBA’s managerial accounting and financial operations, including financial reporting, budgeting,...
Existing home sales were down in September despite an uptick in the total housing inventory, according to new data from to the National Association of Realtors (NAR). Total existing home sales dropped by 1.0% from August to a seasonally adjusted annual rate of 3.84...
Mortgage application activity is in decline while forbearance levels are on the rise, according to data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 6.7% on a...
Hits and Misses for the Real Estate Week of May 11-15
