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Indiana Home Sales Up in September

Indiana Home Sales Up in September

by Phil Hall | Oct 11, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Lower mortgage rates, slowing price growth and rising inventory combined to bring new buyers to the Hoosier State’s housing market in September, according to the latest data from the Indiana Association of Realtors (IAR). Closed sales totaled 6,705 last month, up 1%...
Pending Sales Up in Mid-Atlantic Region

Pending Sales Up in Mid-Atlantic Region

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 19,945 new pending sales were recorded during September in the Mid-Atlantic region covered by Bright MLS, up 10.3% from year ago. The increase in pending sales was fueled by a regional housing inventory that has been increasing for eight consecutive months....
CoreLogic Debuts Araya, AI-Enabled Housing Data Platform

CoreLogic Debuts Araya, AI-Enabled Housing Data Platform

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

CoreLogic has introduced Araya, a platform that combines housing data with artificial intelligence (AI)-enabled analytics to offer property, market and portfolio insights. According to the company, the new platform’s solutions include such categories as property...
Mortgage Rates Up Sharply

Mortgage Rates Up Sharply

by Phil Hall | Oct 10, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Mortgage rates soared in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.32% as of Oct. 10, up from last week when it averaged 6.12%. A year ago at this time, it averaged 7.57%. The 15-year...
Foreclosure Activity Down in Q3

Foreclosure Activity Down in Q3

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A total of 87,108 residential properties carried foreclosure filings during the third quarter of this year, according to new data from ATTOM. This is down 2% from the previous quarter and down 13% from one year ago. Nationwide one in every 1,618 housing units had a...
Toll Brothers Announces New Community in Michigan

Toll Brothers Announces New Community in Michigan

by Phil Hall | Oct 10, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The homebuilder Toll Brothers Inc. (NYSE:TOL) announced its newest community, Toll Brothers at The Reserve at Crystal Lake, is coming soon to Commerce Township, Michigan. The new community will feature waterfront living surrounding 40-acre Crystal Lake and the...
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