Pennsylvania home sales totaled 10,635 transactions in May, a 16% surge from April but also a 3.8% drop from one year earlier. The Pennsylvania Association of Realtors (PAR) reported more than 41,000 listings were available in the state last month, up 12% on both a...
A new data report from Redfin (NASDAQ: RDFN) has determined the median home-sale price hit a record $396,500 during the four weeks ending June 15, a 1% year-over-year uptick. However, this is roughly $26,000 lower than the median asking price of $422,238. Redfin noted...
Red Oak Development Group has announced the launch of Moxie, a new 589-acre interconnected community located south of Austin in Lockhart, Texas. The company plans to bring 2,500 homes to the community, with an estimated 20% of the land dedicated to parks and open...
Toll Brothers Apartment Living, the rental subsidiary of Toll Brothers Inc. (NYSE: TOL), and its joint venture partner Carlyle announced the grand opening of Peregrine, a new luxury mid-rise apartment community in the Dallas suburb of Irving, Texas. The new community...
A total number of 4,444 listings were sold in Kentucky during May, a 7.6% increase from April but also a 2% drop from one year earlier. According to Kentucky Realtors, the number of new listings last month totaled 6,670, a 6.3% increase from April and a 7.9% rise from...
Ginnie Mae announced the expansion of its mortgage-backed securities (MBS) portfolio to $2.76 trillion as of May. Ginnie Mae said that it issued $48 billion in total MBS last month, resulting in net portfolio growth of $17.6 billion. This issuance encompassed $46.3...
