Americans consider real estate as their best long-term investment, according to Gallup’s 2024 Economy and Personal Finance survey. In a choice of six investment options, real estate scored highest among the survey’s respondents with a 36% share, followed by stocks or...
The 30-year fixed-rate mortgage dropped below the 7% mark, averaging 6.94% as of May 23, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.57%. “Spring homebuyers received an unexpected...
Home sales are slipping while median sales prices are still breaking records, according to a pair of data reports published this morning. Sales of new single-family houses during April were at a seasonally adjusted annual rate of 634,000, according to estimates...
The Green Mountain State is awash in the red ink of mortgage delinquency, according to a new report from WalletHub. In its newly published “States Where Mortgage Delinquency Is Increasing the Most,” WalletHub detailed where home loans have become least affordable from...
The Real Brokerage Inc. (NASDAQ: REAX), has launched Real Luxury, a dedicated division focused on the specialized and unique needs of luxury real estate agents and their exclusive clients. Kofi Nartey, a 20-year luxury real estate veteran who is Real’s national growth...
The Florida housing market recorded 24,682 closed sales of existing single-family homes in April, up 5.8% year-over-year, while existing condo-townhouse sales totaled 10,228, up 1.9% from one year earlier, according to new data from Florida Realtors. The statewide...
