Mortgage application activity declined in the week ending Aug. 15, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.4% on a seasonally adjusted basis from one...
Question: What housing markets are currently considered to be the hottest? Answer: It depends which data report you consult. And a pair of newly Realtor.com published its list of Top Metros for New Construction, which involves an analysis of the 100 largest metros...
A total number of 4,737 listings were sold in Kentucky during July, a 1.68% uptick from the previous month and a 3.6% year-over-year increase. According to data from Kentucky Realtors, the state had 6,802 new listings last month a 4.8% increase from June and an 8.7%...
Among the neighborhoods where the rich folks live, the median price for a home in the top 10% nationwide is $1.3 million, while the top 5% of homes list for around $5.5 million. But that’s affordable housing compared to the top 1% where homes are priced at $5.7...
Federal Housing Finance Agency (FHFA) Director Bill Pulte has unveiled a video advertisement that reinforces the goal of merging privatizing Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) into a new entity called the Great American Mortgage Corporation. On his...
California recorded a total of 261,820 closed escrow sales of existing single-family detached homes in July, down 1% from the 264,400 homes sold in June and was down 4.1% from the 272,990 homes sold in July 2024. According to the California Association of Realtors...
