The Greater Toronto Area is expected to generate 77,000 homes sales during 2024, according to a new forecast from the Toronto Regional Real Estate Board (TRREB). The average selling price for all home types in the GTA market will reach $1.17 million this year, the...
The Miami-based real estate firm Safe and Green Development Corp. (SG Devco) (NASDAQ: SGD) has closed on its acquisition of Majestic World Holdings (MWH), a real estate technology firm and owner of the Xene AI Software platform. The purchase price for the acquisition...
The 30-year fixed-rate mortgage averaged 6.64% as of Feb. 8, recording a scant uptick from last week when it averaged 6.63%, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.12%. The 15-year...
The prices on single-family existing home sales during the fourth quarter of 2023 were up in 86% of the nation’s metro markets, according to new data from the National Association of Realtors (NAR), which noted that 15% of the 221 tracked metro areas experienced...
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.88% of all loans outstanding during the fourth quarter of 2023, according to new data from the Mortgage Bankers Association (MBA). The...
Elevated mortgage rates and increased construction costs coupled with onerous regulatory costs resulted housing affordability remaining near its lowest level in more than a decade during the fourth quarter of 2023, according to the National Association of Home...
FBI Adds Fugitive Real Estate Fraudster to Most Wanted List
