The total share of mortgages in forbearance increased to 0.50% in November, up from 0.47% in October. According to data from the Mortgage Bankers Association, an estimated 250,000 homeowners are in forbearance plans. The share of Fannie Mae and Freddie Mac loans in...
The Maine housing market recorded a 6.81% year-over-year increase in sales of single-family existing homes, rising 1,301 transactions in November compared to 1,218 one year before. According to data from the Maine Association of Realtors, the statewide median sales...
Sales of new single-family houses in November were at a seasonally adjusted annual rate of 664,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 5.9% above the revised October rate of 627,000 and...
A total of 7,853 homes were sold in in Virginia during November, a 13% year-over-year increase. According to data from Virginia Realtors, there were 9,031 new listings in November, a 10.3% increase. There were 18,870 active listings on the market throughout Virginia,...
NAR’s image problems, the Chicago mayor’s learning curve and political tumult in Canada. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 16-20. Miss: Welcome to Spin City. The National Association of Realtors (NAR) has...
Homebuilder D.R. Horton (NYSE:DHI) has unveiled Viridian, its new master-planned community in Salem, Utah. According to the company, Viridian will offer a mix of townhomes, cottages, larger single-family homes and active adult twin homes. Community amenities will...
