Pending home sales inched up by 0.6% in August, according to data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, increased to 70.6 in August; an index of...
This week’s edition for Tech Trends highlights four new tools designed to help current and prospective property owners. Keeping the Title Safe. Iris Powered by Generali, a provider of a proprietary identity and cyber protection platform, has unveiled Total Title...
The national median payment applied for by purchase applicants dropped from $2,140 in July to $2,057 in August, a 3.9% tumble, according to new data from the Mortgage Bankers Association (MBA). On a year-over-year measurement, the median payment was down by $113, a...
Asking rents for newly constructed apartments fell to $1,746 in the second quarter, according to new data from Redfin (NASDAQ: RDFN). This is a 6.2% decline from one year earlier – as well as the second consecutive quarter for declines, the second-steepest drop in...
Median-priced single-family homes and condos remained less affordable during the third quarter compared to historical averages in 99% of counties around the nation, according to a new data report from ATTOM. The national median price for single-family homes and condos...
The California Association of Realtors (CAR) is predicting an increase in home sales and prices during 2025 as more buyers and sellers return to the market thanks to lower interest rates and improved housing supply. CAR forecasts the sale of existing single-family...
Hits and Misses for the Real Estate Week of May 4-8
