Pennsylvania recorded 11,700 home sales in July, a 10% decline from the prior month and a nearly 4% year-over-year drop. According to data from the Pennsylvania Association of Realtors (PAR), the slowdown in sales came amid 45,944 listings on the market, nearly the...
Stark Enterprises, a Cleveland–based real estate developer, has expanded its residential portfolio into Iowa with Blue Creek Village, a new rental home community in the Des Moines suburb of Grimes. Blue Creek Village will feature 164 ranch-style residences across...
I keep hearing some version of the same conversation in housing. When the Fed finally gets rates down, buyers will come back. Mortgage rates will improve. Transactions will pick up. Maybe we can finally get this market moving again. I understand why people think that...
The old saying that “a man’s home is his castle” has a special resonance for Mark Zuckerberg – his newest residential property is a castle built in 1830. The Irish Examiner reports the Meta (NASDAQ: META) chieftain and his wife, Priscilla Chan, have acquired...
The Atlanta-based fintech Knock announced the expansion of its Knock Bridge Loan to Texas. According to the company, the product can pay off the homeowner’s current mortgage and release the equity locked up in their old home, thus eliminating their monthly mortgage...
Mortgage rates declined for the second consecutive week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of Aug. 20, down from last week when it averaged 6.67%. A year ago at...
Hits and Misses for the Real Estate Week of Aug. 31-Sept. 4
