Mortgage credit availability increased in March, according to the Mortgage Credit Availability Index (MCAI) a report from the Mortgage Bankers Association (MBA). Last month, the MCAI inched up by 1.1% to 108.3; the index was benchmarked to 100 in March 2012. The...
Mortgage rates declined for the first time in six weeks, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.37% as of April 9, down from last week when it averaged 6.46%. A year ago at...
More than one-third (34.2%) of home sellers lowered their listing price during February, according to a new data report from Redfin. This marked the highest February share in records dating back to 2012. One year ago, 31.5% of sellers reduced their prices. Sellers who...
The average single-family home, with an estimated value of $494,231, generated $4,427 in taxes during 2025, a 3% year-year-over increase, according to new data from ATTOM. Last year, $396.8 billion in property taxes were levied on more than 89.6 million single-family...
Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, broke ground on Landmark on Scioto, a new 321-unit affordable housing community in Columbus, Ohio. The 44.5-acre build-to-rent development is LAC’s first ground-up construction...
There are affluent neighborhoods, then there are very wealthy neighborhoods, and then there is a Cape Cod locality where nearly all active listings carry prices starting in the seven-digit range. According to data from Realtor.com, Nantucket, Massachusetts, has the...
Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
