Single-family housing starts in May were at a rate of 924,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 0.4% above the revised April figure of 920,000. Privately-owned housing starts in May were at a...
Fewer borrowers were seeking out mortgages for the week ending June 13, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.6% on a seasonally adjusted basis from...
A total of 67,394 single-family homes and condominiums were flipped in during the first quarter of this year, according to new data from ATTOM. This represented 8.3% of all home sales during the quarter, up from 7.4% in the previous quarter but down from 8.7% one year...
Homes sales during May marked the fourth consecutive month of increases, up 8.6% from April, according to data from RE/MAX. However, May sales were also 3.5% lower year-over-year. Across the 52 metro areas surveyed for RE/MAX’s report, the number of homes for sale...
The Northern California estate that was once the home of the legendary singer and actor Bing Crosby was sold for $25 million, down considerably from its original asking price of $40 million. According to combined media reports, the French chateau-style residence in...
Manhattan’s rental housing market set new records in May with rents averaging $4,571, up 1.6% month-over-month and up 7.6% year-over-year, according to data from the brokerage Douglas Elliman Inc. (NYSE: DOUG). May was the third time in the past four months when...
