A total of 2,746 down payment assistance programs were active nationwide during the second quarter, an increase of 67 programs from the prior quarter. According to data from Down Payment Resource (DPR), grant programs that do not require repayment rose by 6% from the...
Alabama recorded 7,138 home sales in June, an increase of 414 transactions (or, a 6.2% rise) from one year before. On a month-over-month basis, sales were up by 2.9%. According to the Alabama Association of Realtors (AAR), the 21,681 active listings at the end of June...
Mortgage application activity percolated during the week ending July 17, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 1.9% on a seasonally adjusted basis...
Texas recorded a statewide median home sales price of $340,000 in the second quarter, unchanged from one year earlier. According to data from Texas Realtors, prices rose in 14 of the Lone Star State’s metro areas and declined in 11, with one market unchanged. The four...
New York State’s housing market recorded a new high for its median sales price while housing inventory continued its steady climb for the 16th consecutive month. According to data from New York State Association of Realtors, the median sales price rose 8%...
Union Home Mortgage (UHM) announced it acquired the origination assets of AmeriTrust Mortgage Corp. As part of the deal, UHM receives AmeriTrust Mortgage’s existing retail branches, wholesale broker relationships and corresponding sales channels in the deal....
