New York State recorded 7,304 closed home sales in January, a 7.5% decline from the 7,893 homes sold one year earlier. According to data from the New York State Association of Realtors, pending home sales were also down last month, falling 5.5% from 6,321 homes under...
Sales of new single-family houses in December were at a seasonally adjusted annual rate of 745,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 1.7% below the November rate of 758,000, but it is...
Wisconsin recorded 3,484 existing home sales in January, a 3.9% decline from the 3,625 transactions recorded one year earlier. According to data from the Wisconsin Realtors Association (WRA), the slowdown in sales was fueled by the 11.3% year-over-year decline in new...
The Department of Housing and Urban Development (HUD) has proposed a rule to limit public housing to citizens and eligible noncitizens. The Associated Press reports the proposed rule, which was published today in the Federal Register, would require all residents in...
Mortgage rates hit their lowest level since September 2022, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.01% as of Feb. 19, down from last week when it averaged 6.09%. A year...
Pending home sales during January dropped by 0.8% from the prior month and by 0.4% year-over-year, according to the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South....
