An expanded housing inventory helped fuel an increase in home sales across Virginia in July, according to new data from Virginia Realtors. Last month saw the sale of 9,947 homes across the state, an influx of 962 sales from one year before that resulted in a 10.7%...
Alabama recorded its sixth consecutive month of rising home sales in July, according to the Alabama Association of Realtors (AAR). Last month, the state recorded 6,136 home sales, up 13.1% from June and up 0.9% increase from July 2023. This also marked the first month...
Only 11.21% of Americans – 35.7 million – moved within a year of the most recent American Community Survey in 2022, according to a data analysis published by LendingTree. As for those who moved, 79.29% stayed in the same state. Among those who moved, 53.93% relocated...
Total home sales are expected to come in lower than previously expected through the rest of this year and will not pick up meaningfully until further into in 2025, according to a new forecast from the Fannie Mae (OTCQB: FNMA) Economic and Strategic Research Group. The...
Mortgage application activity took a nosedive for the week ending Aug. 16, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 10.1% on a seasonally adjusted basis...
Home sales in California totaled a seasonally adjusted annualized rate of 279,810 in July, a 3.6% increase from June and a 4.1% boost from one year ago, according to new data from the California Association of Realtors (CAR). July’s total marked a five-month high...
