Cape Cod considers a mansion tax, Baltimore considers raising taxes on vacant lots, and a retail chain will not consider opening stores in California. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Aug. 18-22. Miss: Soaking...
Virginia recorded 10,182 closed sales during July, which is 235 more than one year ago, a 2.4% uptick. According to Virginia Realtors, July, marked the second consecutive month of increased sales activity, although year-to-date sales totals are flat compared to one...
New York State set a record for median home sale prices in July, reaching $451,000 – a 4.9% hike from the $430,000 price set one year earlier. According to data from the New York State Association of Realtors, home prices have not experienced a year-over-year decline...
Florida recorded 22,707 closed sales of existing single-family homes in July, down 2.8% year-over-year, while existing condo-townhouse sales totaled 7,381, down 11.8% from one year earlier. According to data from Florida Realtors, pending sales were down by 0.7% on...
The number of Pennsylvania homes on the market reached a three-year high in July, with 42,270 seeking buyers, a 9.5% year-over-year spike. According to data from the Pennsylvania Association of Realtors (PAR), July’s listings were also up 1.5% from June. But despite...
Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21, unchanged from last week. A year ago at this time, it averaged 6.46%. The 15-year fixed-rate...
