The final Primary Mortgage Market Survey published in 2023 by Freddie Mac (OTCQB: FMCC) showed mortgage rates ringing out the year in a continued descent. The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, down from last week when it averaged 6.67%. A year...
The level of pending home sales in November was unchanged from October and down by 5.2% from one year earlier, according to the National Association of Realtors (NAR). NAR’s Pending Home Sales Index, a forward-looking indicator of home sales based on contract signings...
Richmond, Virginia-based Apple Hospitality REIT Inc. (NYSE: APLE) announced the acquisition of the 299-room SpringHill Suites by Marriott Las Vegas Convention Center for approximately $75 million, or $251,000 per key. The SpringHill Suites Las Vegas Convention center...
Clayton, a national builder of single-family attainable housing, has partnered with the nonprofit Rebuilding Together to complete five projects this year. A total of 93 Clayton team members from three home building facilities in Sacramento, Albuquerque and Buckeye,...
“The American Dream,” a half-hour commercial free program focused on housing markets across the U.S., has announced its’ latest episode will be the Michigan-based “Selling Traverse City.” Each show features a local real estate professional who provides...
As the National Association of Realtors (NAR) rings out its problem-plagued year, there is a report of two new endeavors to create a national-level trade association for real estate professionals. The New York Times reported Jason Haber, a Compass real estate broker...
421-Unit Multifamily Community in NYC Suburb Sold to US-Japan Joint Venture…
