Mortgage applications for new home purchases during April were down by 2.4% from one year earlier and were also down by 10% from the previous month. According to data from the Mortgage Bankers Association (MBA) Builder Application Survey, new single-family home sales...
Iowa Gov. Kim Reynolds signed a property tax relief bill into law in a ceremony on Monday. According to Iowa Public Radio, the new law creates a 2% cap on city and county general revenue growth, with an exception for new construction. The new revenue cap does not...
The real estate agency TurboHome has entered the predictions sector with the debut of TurboHome Markets, an interactive prediction game that challenges users to forecast the final sale prices of San Francisco homes before they close. TurboHome Markets invites players...
Redfin has joined the movement to pre-market listings with the launch of its Redfin Early Access, a new search category featuring homes that are only on Redfin, plus pre-market listings from Compass International Holdings’ portfolio of brands. The Seattle-based...
Builder confidence in the market for newly built single-family homes improved slightly this month, with the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) rising three points to a reading of 37. Any HMI number under 50 indicates...
The home remodeling firm West Shore Home has further expanded its New England presence with a second Massachusetts location in Andover. The new office comes three months after the Mechanicsburg, Pennsylvania-headquartered company entered the Boston market. The move...
Hits and Misses for the Real Estate Week of June 8-12
