Mortgage applications for new home purchases during March were up by 26% from the prior month and up 11% year-over-year, according to data from the Mortgage Bankers Association’s (MBA) Builder Application Survey. “Applications for the purchase of newly built...
The real estate developer Thompson Thrift announced its next project will be Argent Flats, a 273-unit multifamily community in Reno, Nevada. Argent Flats will be a four-story, elevator-served community featuring a mix of studio, one-, two- and three-bedroom...
Oakwood Homes announced it will begin selling single-family homes at Oquirrh Mountain Ranch, a master-planned community in Eagle Mountain, Utah. Sales are slated to start in May and pricing begins in the low $500,000s. The company said it can offer interest rate...
Maine’s statewide figure of 851 sales of single-family existing homes during March remained unchanged from one year earlier, according to data from the Maine Association of Realtors. Also unchanged year-over-year was the median sales price of $375,000. Judy Oberg, the...
The Charleston, South Carolina-based real estate development firm WRS Inc. has broken ground on the Lakeforest Redevelopment, a mixed-use project in the Washington, DC suburb of Gaithersburg, Maryland. The $1.2 billion project is designed to reanimate the former...
Existing home sales during March were down by 3.6% from February to a seasonally adjusted annual rate of 3.98 million, according to data from the National Association of Realtors (NAR). On a year-over-year measurement, sales were down by 1%. Month-over-month sales...
