The national median asking monthly rent across the nation’s 50 largest metro areas in April was $1,673, down $29 or 1.7%, year-over-year. This marked the 33rd consecutive month of annual declines for 0-2 bedroom properties. According to data from Realtor.com, the...
Mortgage application activity was on the rise last week while mortgage credit availability was in decline last month, according to two new data reports from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan...
Douglas Elliman Realty LLC has expanded its Elliman Capital mortgage platform to the California market. The company launched the platform last July in Florida and brought it to New York in January. It is designed to support non-traditional borrowers such as...
A total of 23,739 new contracts were signed in April within the Mid-Atlantic region served by Bright MLS. This marked a 5.6% increase from one year earlier and the highest April total since 2022. April also saw 28,060 new listings, an 8.1% year-over-year spike and a...
eXp World Holdings Inc. (NASDAQ: AGNT) has announced an expansion of its brokerage network in California and Canada. In California, the company’s NextHome subsidiary launched two new Southern California brokerages through its large-office franchise model: NextHome...
New York City Mayor Zohran Mamdani is reportedly planning to drop his controversial plan to close the $5.4 billion municipal budget deficit by raising property taxes. WNBC is reporting the mayor’s scheduled budget presentation for later today will include other...
Hits and Misses for the Real Estate Week of June 8-12
