Newly built homes accounted for 26.8% of single-family homes for sale nationwide in August, according to a new data report from Redfin. This is down from 28.2% one year ago and 30.6% two years prior, and it also marked the lowest level in four years. Redfin attributed...
After four consecutive weeks of declining momentum, mortgage application activity perked up for the week ending Oct. 24, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
A total of 90,083 closed home sales were transacted in Texas during the third quarter, a 4.9% year-over-year increase. All but four Texas metros had more home sales in the third quarter compared with the same time last year. According to data from Texas Realtors, the...
Toll Brothers Inc. (NYSE: TOL) is opening its newest luxury townhome community Enclave at Armonk in Westchester County, the suburb just north of New York City. Located in the Town of Armonk, the community offers carriage-style townhomes with open-concept floor plans....
Century Communities Inc. (NYSE: CCS) is now selling at homes at its newest gated community, North Fork at Laughlin Ranch in Bullhead City, Arizona. The community offers homes with a selection of single-story floor plans ranging up to 1,830 square feet and four...
A Boston city councilor is proposing a structural change for how the city taxes multifamily properties. MassLive.com reports Councilor Brian Worrell, a Democrat, has filed a proposal that reclassifies large apartment buildings as commercial real estate. His proposal...
