Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.20% as of Sept. 12, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
Mortgage-rate locks for second homes plummeted by 13.1% year-over-year in August to the lowest level since March 2016 on a seasonally adjusted basis, according to new data by Redfin (NASDAQ: RDFN). In comparison, mortgage-rate locks for primary homes declined 5.2%....
A total of 30,227 residential properties had foreclosure filings in August, according to new data from ATTOM. This is down 5.3% from July and down 11% from August 2023. Nationwide, one in every 4,662 housing units had a foreclosure filing last month. The states with...
The number of active listings in the Mid-Atlantic region totaled 37,340 at the end of August, up 21.4% year-over-year, according to new data from Bright MLS. This represented a 2.06-month supply regionwide. Sales activity last month was more robust in the Mid-Atlantic...
A historic estate outside of Washington, DC, that once hosted George Washington has been listed for $11.5 million. Mansion Global reports the 43-acre estate in Purcellville, Virginia, features a manor house built in 1741 for Israel and Sarah Thompson, prominent...
Ascendant Development has announced the completion of Haven at Charlotte, a 369-unit high-rise luxury apartment community in Nashville. The 11-story property features seven residential stories atop a four-story parking podium, providing a range of unit sizes from 516...
Hits and Misses for the Real Estate Week of April 27-May 1
