Florida closed 2024 with 252,688 closed sales of existing single-family homes, down 1.9% compared to the 2023 year-end level, according to data from Florida Realtors. For existing condo-townhouses, a total of 94,380 units sold statewide last year, down 10.5% compared...
Existing home sales ended 2024 in an upswing, according to data from the National Association of Realtors (NAR). Total existing home sales rose by 2.2% from November to a seasonally adjusted annual rate of 4.24 million in December. Year-over-year, sales were up 9.3%...
California Attorney General Rob Bonta announced the first filing of charges against a real estate agent over alleged price gouging related to Los Angeles County’s Eaton Fire. According to a statement from Bonta’s office, a couple filed a complaint was filed with the...
New data from the Wisconsin Realtors Association (WRA) determined the state’s home closings jumped 9.2% in December – the strongest sales growth of any month since last May – while the median price rose 13% to $305,000, the strongest price appreciation of the year....
Mortgage rates dropped below the dreaded 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.96% as of Jan. 23, down from last week when it averaged 7.04%. A year ago at this time, it...
Home sellers made a $122,500 profit on typical sales nationwide in 2024, generating a 53.8% return on investment, according to new data from ATTOM. However, the profit margin on median-priced sales nationwide was down from 56.9% in 2023, the second straight annual...
