Mortgage rates barely inched up in this week’s Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.65% as of March 13, up slightly from last week when it averaged 6.63%. A year ago at this time, it averaged...
The New York metro area is home to highest potential returns on single-family rentals (SFR), according to a new data report from ATTOM. The report analyzed single-family rental returns in 361 counties with sufficient rental and home-price data. The analysis...
New Hampshire recorded 612 closed home sales in February, up 5% from 583 one year ago, according to data from the New Hampshire Association of Realtors. Last month’s total of 721 pending sales was a 2% uptick from the 707 recorded in February 2024. The overall number...
Nobu Hospitality, the New York City-based hotel, dining, and residence brand, has entered the Netherlands market with the launch of the Nobu Residences Park Meadows Amsterdam and Nobu Restaurant Amsterdam. The Nobu Residences Park Meadows Amsterdam will feature both...
A new data analysis by Zillow (NASDAQ: Z, ZG) has determined the risks posed by flood, fire and extreme wind could cost the US house trillions of dollars in damage. Zillow stated that homes with major wind risk are worth at least $17 trillion in total, equivalent to...
The typical American homeowner stays in their house for 11.8 years, according to a new data report published by Redfin (NASDAQ: RDFN). Among the major metro areas, Los Angeles led the nation with homeowners holding onto their houses the longest – a median tenure of...
Hits and Misses for the Real Estate Week of May 11-15
