Nearly one in three homes sold in the first half of this year were purchased in all-cash transactions, according to a new data report from Realtor.com. Nationwide, 32.8% of home sales in the first year’s first six months were all-cash transactions, down slightly from...
Home affordability has reached its best level since early 2023 thanks to easing mortgage rates, according to ICE Mortgage Technology’s October ICE Mortgage Monitor Report. The new report cited 30-year mortgage rates averaging 6.26% in mid-September while the monthly...
KB Home (NYSE: KBH), announced the grand opening of Greenleaf Grove, its new cul-de-sac community in the Seattle metro area city of Bothell, Washington. The community’s homes feature two-story floor plans offering up to six bedrooms and three-and-a-half bathrooms....
President Trump announced that he is beginning a campaign to encourage the nation’s homebuilders to create more residences. In a post on Truth Social, Trump stated, “Before I became President, ‘OPEC’ kept Oil prices high. It wasn’t right for them to do that but, in a...
A new data report by the Rocket Companies (NYSE: RKT) division Redfin has determined there were an estimated 72.3% more condo sellers than buyers (108,945 more) nationwide during August. This marked the fifth straight month in which there have been at least 70% more...
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. From the wild and wooly world of real estate, here are our His and Misses for the week of Sept. 29-Oct. 3. Miss: A Long, Long Road to...
