Home prices were on the rise during in March, but the rate of price increases slowed for the third consecutive month. According to new data from Homes.com, a division of CoStar Group (NASDAQ: CSGP), year-over-year price increases totaled 2.2% in March, 2.7% in...
A new bipartisan initiative in the US House of Representatives has reintroduced the Affordable Housing Credit Improvement Act, with the goal of financing the development of nearly 2 million affordable homes. The new version of the legislation seeks to increase the...
Zillow (NASDAQ: Z, ZG) has announced it is enacting the National Association of Realtors’ (NAR) Clear Cooperation Policy with “new standards for listing transparency” that bans private listings from its platform. According to the Seattle-headquartered company, the new...
A total of 22,021 homes went under contract in March across the Mid-Atlantic market serviced by Bright MLS, which reflects a 39.5% month-over-month upswing. On a year-over-year basis, pending sales were up 2.8%. There were 24,654 new listings coming onto the market...
The Austin division of homebuilder DR Horton (NYSE: DHI) is now pre-selling its newest community, Railhead, in Cedar Creek, Texas. Railhead features one-story floorplans with up to five bedrooms, three bathrooms and three-car garages. Homes range from 1,655 to 2,430...
A total of 93,953 residential properties carried foreclosure filings during the first quarter of this year, according to new data from ATTOM. This is up by 11% from the previous quarter but down 2% from one year ago. Nationwide one in every 1,515 housing units had a...
