We live in an age where instant gratification has become the norm rather than the exception. With the click of a button, we can access information, purchase items, and even watch entire seasons of TV shows without waiting. Social media platforms, online shopping, and...
Pending home sales were up for the fourth consecutive month in November with a 2.2% uptick, reaching the highest level since February 2023. The National Association of Realtors’ (NAR) Pending Home Sales Index reached 79.0 last month; an index of 100 is equal to the...
Active listings during November were up 0.5% from October and up 12.1% year-over-year, reaching the highest level since 2020. However, a new data report from Redfin (NASDAQ: RDFN) pointed to a “pileup of unsold homes” as being a primary cause for this new peak. More...
A Phil Hall Op-Ed: As 2024 slowly rolls itself into the history books, let’s take one last look back at the year in real estate and housing policy to cheer those who accomplished something remarkable and acknowledge others who fell far short of what they were capable...
A civil rights organization is seeking to force the reversal of a state-approved moratorium on affordable housing in an affluent Connecticut down. The median household income in New Canaan, Connecticut is $214,977, and the cost of living is 30% higher than the average...
Mortgage rates ended 2024 hovering back to within the vicinity of the 7% level, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.85% as of Dec. 26, up from last week when it averaged...
