The start-up American Real Estate Association (AREA) is soliciting input from real estate professionals to become involved in a potential class action lawsuit against the National Association of Realtors’ (NAR) Clear Cooperation Policy. “Many real estate professionals...
A total of 19,945 new pending sales were recorded during September in the Mid-Atlantic region covered by Bright MLS, up 10.3% from year ago. The increase in pending sales was fueled by a regional housing inventory that has been increasing for eight consecutive months....
CoreLogic has introduced Araya, a platform that combines housing data with artificial intelligence (AI)-enabled analytics to offer property, market and portfolio insights. According to the company, the new platform’s solutions include such categories as property...
Mortgage rates soared in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. A year ago at this time, it averaged 7.57%. The 15-year...
A total of 87,108 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is down 2% from the previous quarter and down 13% from one year ago. Nationwide one in every 1,618 housing units had a...
The homebuilder Toll Brothers Inc. (NYSE:TOL) announced its newest community, Toll Brothers at The Reserve at Crystal Lake, is coming soon to Commerce Township, Michigan. The new community will feature waterfront living surrounding 40-acre Crystal Lake and the...
Hits and Misses for the Real Estate Week of June 22-26
