A historic mansion in Charleston, South Carolina, dating back to 1800 was sold for $21.5 million, a record high residential sale for that market. Known as the Casper Christian Schutt House, the property at 51 East Bay Street encompasses four structures totaling over...
More Californians were able to afford buying a home during the third quarter, according to a data report from the California Association of Realtors (CAR). Between July and September, 17% of the state’s homebuyers could afford to purchase an $887,380...
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
Investors are continuing to make their impact felt in both high-end and affordable housing markets, according to Realtor.com’s Investor Report Mid-Year Update. While overall home sales declined 4.2% year-over-year in the second quarter, investor purchases fell...
Home prices were up 77% of metro markets (176 out of 230) during the third quarter, up from 75% in the second quarter. According to new data from the National Association of Realtors, 4% of metro areas recorded double-digit price gains in the third quarter, down...
During August, 7.3% of mortgaged homebuyers used a VA loan, up from 6.5% one year earlier, according to a data report from Redfin. This marked the highest share for that month since 2019. Nationwide, the number of VA loans rose 3% year-over-year in August, while the...
Real Completes RE/MAX Acquisition, Creating Real REMAX Group
