The latest housing market data from the New York State Association of Realtors found statewide inventory rose by 5.5% to 30,684 units last month from 29,090 in August 2024. This marks the sixth consecutive month of growing supply across the Empire State. New listings...
Mortgage rates inched up in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Sept. 25, up from last week when it averaged 6.26%. A year ago at this time, it averaged 6.08%. The...
Existing home sales were mostly flat in August, dipping by a scant 0.2% from July to a seasonally adjusted annual rate of 4 million, according to the National Association of Realtors (NAR). On a year-over-year basis, sales were up by 1.8%. Regionally, month-over-month...
Median-priced single-family homes and condos were less affordable during the third quarter compared to historical averages in 99% of counties with sufficient data to analyze, according to a new report from ATTOM. While that was the same high rate as the second...
Trophy Signature Homes, a subsidiary of Green Brick Partners Inc. (NYSE: GRBK), announced the opening of Lowry Trails, a new residential community in the Dallas suburb of Princeton, Texas. The community will offer a variety of homes with prices starting in the high...
Cleveland-headquartered CrossCountry Mortgage (CCM) has increased its agency conforming loan limits to $819,000, up from the current $806,500. According to the company, this action comes through CCM’s Early Bird Program and is being enacted months ahead of the...