The median monthly mortgage payment was $2,587 during the four weeks ending Aug. 18, according to new data from Redfin (NASDAQ: RDFN). This marked the lowest level since February and a 0.1% dip from one year ago – as well as the first time in four years that monthly...
Pennsylvania home sales were on the upswing in July while home prices recorded a mild decline. According to new data from the Pennsylvania Association of Realtors (PAR), 11,575 homes were sold last month in the Keystone State, up 9.6% year-over-year. Buyers had a...
Mortgage rates were down slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.46% as of Aug. 22, down from last week when it averaged 6.49%. A year ago at this time, it averaged 7.23%....
Existing home sales in July were on the rise, reversing a four-month streak of monthly declines. According to new data from the National Association of Realtors (NAR), total existing home sales were up 1.3% from June to a seasonally adjusted annual rate of 3.95...
Florida’s trouble condominium market is hitting residents in their wallets, with homeowners association (HOA) fees rising dramatically to rates that are significantly above the national median. Tampa’s median monthly HOA fee was up 17.2% year-over-year for the three...
Approximately 1.4 million residential properties were vacant during the third quarter, according to new data from ATTOM. That figure represents 1.3%, or one in 76 homes, across the nation – roughly the same as in the second quarter of this year. ATTOM also reported...
Hits and Misses for the Real Estate Week of April 27-May 1
