Pennsylvania’s $315,000 median home sales price in April marked its third consecutive year-over-year surge. According to data from the Pennsylvania Association of Realtors (PAR), this marked a 7.4% increase from April 2025 and a 5% upswing from March. Median home sale...
Mortgage rates rose to their highest level since August, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.51% as of May 21, up from last week when it averaged 6.36%. A year ago at this...
Approximately 1.4 million homes, or 1.3% of US residential properties, were vacant in the second quarter of the year. According to new data from ATTOM, that percentage was unchanged from both the first quarter and from the second quarter of 2025. Out of the national...
Roughly 47,000 home sale agreements fell through in April, according to a new data report from Redfin. That represents 13.4% of properties that went under contract that month and a scant decline (-0.1 percentage points) from March. April’s cancelation rate tied with...
Single-family housing starts in April were at a rate of 930,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This represents a 9% drop from the revised March figure of 1.02 million. Privately-owned housing starts in...
Southern Land Company (SLC), the Nashville-headquartered real estate developer, has launched SLC Lending, an in-house mortgage division. SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home...
Hits and Misses for the Real Estate Week of June 8-12
