Mortgage credit availability was on the rise last month, according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) rose by 1% to 95.0 in June; the index was benchmarked to 100 in March 2012. The...
A total of 177,431 properties carried foreclosure filings — default notices, scheduled auctions or bank repossessions — during the first six months of this year, according to new data from ATTOM. This represents a 4.4% decline from the same time period one year ago,...
The median home sale price broke a record for the ninth consecutive week, reaching a level of $397,482 during the four weeks ending July 7, according to new data from Redfin (NASDAQ:RDFN). This represents a 4.7% year-over-year spike and the biggest increase in over...
Home sales across the Mid-Atlantic region totaled 20,552 transactions in June, according to new data from Bright MLS. This represents a 3.2% decline from the previous month and a 10.4% drop from one year ago. Although fewer homes were being sold, more properties were...
The National Association of Home Builders (NAHB) called on Congress to support policies that will enable an increased level of affordable housing construction. Steve Martinez, a home builder from Boise, Idaho, testified today on behalf of NAHB during a House Small...
A five-story penthouse unit in a historic Fifth Avenue building sold for $135 million, making it the most expensive residential property sale in New York City this year. Mansion Global reports the 12,500-square-foot unit is one of 22 residences located above the Aman...
