California Regional MLS (CRMLS) is rejecting the National Association of Realtors’ (NAR) newly enacted Multiple Listing Options for Sellers policy. NAR’s policy created a category of exempt listings called “delayed marketing exempt listings” that will allow a seller...
Mortgage application activity dropped during the week ending April 18, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 12.7% on a seasonally adjusted basis from...
A former California utility executive now serving in the state’s assembly has introduced a bill that would significantly reduce the energy credit benefits tied to rooftop solar power systems. The Los Angeles Times reports AB 942 would cut the current program’s...
Home sales in Texas were down during the first quarter despite a surge in active listings, according to new data from Texas Realtors. The 70,944 sales that closed in the first quarter represented a 1.5% year-over-year decline, despite a 30.7% upswing in active...
Home sales in Pennsylvania during March totaled 8,230 transactions, up 21% from 6,751 sales in February. According to data from the Pennsylvania Association of Realtors (PAR), the number of homes listed in March was 32,761, up nearly 10% from February. The median...
The number of programs offering down payment assistance increased by 43 during the first quarter, a 2% quarterly uptick that brought the total number of available programs to 2,509, according to data from Down Payment Resource (DPR). The nationwide average benefit...
