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Thompson Thrift to Develop Boulder-Area Multifamily Community

Thompson Thrift to Develop Boulder-Area Multifamily Community

by Phil Hall | Dec 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The real estate development firm Thompson Thrift announced plans to develop Heritage on Hover, a 324-unit Class A multifamily community in the Boulder, Colorado-area suburb of Longmont. The property will encompass three-story buildings with one-, two- and...
Kentucky Home Sales Up 4.3% Year-Over-Year

Kentucky Home Sales Up 4.3% Year-Over-Year

by Phil Hall | Dec 26, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 3,462 homes were sold in Kentucky during November, a 16.6% drop from October but also a 4.3% year-over-year increase. According to data from Kentucky Realtors, the state offered 4,425 new listings last month, a 27.8% decline from October but also a 2%...
Illinois Home Sales Up Nearly 3%

Illinois Home Sales Up Nearly 3%

by Phil Hall | Dec 24, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Illinois recorded 9,950 homes sales in November, up 2.8% from the 9,681 sold one year earlier. According to data from Illinois Realtors, the 20,863 homes available for sale statewide last month represented a 2.3% increase from the 20,401 available homes in November...
Mortgage Forbearance Level Inches Up

Mortgage Forbearance Level Inches Up

by Phil Hall | Dec 24, 2024 | Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Maine Home Sales Up 6.81% in November

Maine Home Sales Up 6.81% in November

by Phil Hall | Dec 24, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
New Single-Family Home Sales Up in November

New Single-Family Home Sales Up in November

by Phil Hall | Dec 23, 2024 | Market Snapshot, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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