California recorded 264,260 single-family home sales in June, up 4% from the 254,190 homes sold in May and down 0.3% from the 264,960 homes sold one year earlier. According to the California Association of Realtors, June’s upswing reversed three consecutive...
Mortgage rates were up 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 6.75% as of July 17, up from last week when it averaged 6.72%. A year ago at this...
A former bishop in the African Methodist Episcopal Zion Church (AME Zion) pleaded guilty to multiple fraud charges in federal court in connection with a scheme to obtain control of church properties in California. According to court documents and the plea agreement,...
The Trump administration is demanding access to the ongoing renovation project at the Federal Reserve’s headquarters as part of its ongoing campaign against the central bank’s chairman, Jerome Powell. The New York Times reports Russell T. Vought, the director of the...
Mortgage applications for new home purchases increased 8.5% year-over-year in June, although applications were also down 4% from May. According to new data from the Mortgage Bankers Association, new single-family home sales were running at a seasonally adjusted annual...
The Real Brokerage Inc. (NASDAQ: REAX) announced the San Diego-area Coastline Real Estate Group has joined the company. Founded in 2020 and led by Raymond Fraser and Shaylie Gilliland, the 13-agent Coastline Real Estate Group team has sold more than $200 million in...
Hits and Misses for the Real Estate Week of March 23-27
