Minnesota Attorney General Keith Ellison announced a settlement to his September 2024 lawsuit against MV Realty that nullifies the so-called “Homeowner Benefit Agreements” (HBAs) in the contracts the company offered homeowners. In the settlement, MV Realty is...
A total of 753 home sales were closed in Maine last month, a 6.51% increase from the 707 sales transacted in February 2024. According to data from the Main Association of Realtors, the statewide median sales price for those sales was $381,500, a 9% jump from the...
Kolter Homes, a developer of master-planned active adult communities in Central Florida, announced the opening of its latest development, Cresswind at Hammock Oaks. Located in Lady Lake, Florida, the new 55+ community will feature over 800 homes designed for active...
A slowing in refinance activity drove down mortgage application activity for the week ending March 21, according to data from Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2% on both a...
The transition from renting to homeownership is seen as insurmountable by nearly half of renters, according to a new survey from the nonprofit NeighborWorks America. This survey, which was conducted between Feb. 1-5 among a sample of 4,426 adults, found 48% of renters...
A total of 6,129 homes sold in Virginia during February, a reduction of 604 transactions or a 9% year-over-year decline. According to Virginia Realtors, there were 17,529 active listings on the market statewide, more than 3,100 additional listings from one year...
Hits and Misses for the Real Estate Week of Aug. 24-28
