Denver-headquartered Yes Communities announced the grand opening of Savannas Ridge, its new manufactured housing community in Fort Pierce, Florida. According to the company, Savannas Ridge “offers a variety of home styles and open floor plans with modern finishes to...
Mortgage rates inched closer to the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.89% as of May 29, up from last week when it averaged 6.86%. A year ago at this time, it averaged...
New Jersey’s Bergen County, an upscale suburb of New York City, has announced a five-year agreement with blockchain software firm Balcony that will digitize all its property deeds on the Avalanche network. CoinDesk reports this endeavor will impact the property record...
Pending home sales sank during April, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index, NAR’s forward-looking indicator of home sales based on contract signings – tumbled by 6.3% to 71.3 in April from March....
The housing market’s supply-and-demand imbalance has tilted in favor of homebuyers, according to a pair of new data reports. Redfin (NASDAQ: RDFN) reports there is currently an estimated 1.9 million home sellers nationwide competing for an estimated 1.5 million...
Texas homebuyers were twice as likely as buyers nationwide to purchase a newly constructed home instead of a pre-owned property, according to a data report from Texas Realtors. An analysis of Lone Star State real estate transactions between July 2023 and June 2024...