Lennar Corp. (NYSE:LEN) announced the grand opening of Del Mar, a master-planned community offering two collections of townhomes for sale in Miami. According to the company, Del Mar features the Seaview Collection offering five two-story townhome designs ranging from...
Mortgage rates declined again, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of June 13, down from last week when it averaged 6.99%. A year ago at this time, it averaged 6.69%....
California, Illinois and New Jersey continued to have the highest concentrations of at-risk housing markets during the first quarter, according to a data report from ATTOM. The newly published Special Housing Risk Report analyzed first quarter statistics related to...
Two new data reports have found housing supply is starting to outpace demand, with a surge of new listings being seesawed by a growing deficit of buyers. Zillow (NASDAQ:Z, ZG) is reporting new listings of houses rose by nearly 13% from one year ago, while the level...
Mortgage applications activity recorded a significant upswing for the week ending June 7, according to the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, shot up by 15.6% on a seasonally adjusted...
A total of 32,621 residential properties with foreclosure filings were recorded in May, according to data from ATTOM. This is up by 3% from April but down 7% from May 2023. One in every 4,320 housing units across the country had a foreclosure filing last month. The...
Hits and Misses for the Real Estate Week of April 27-May 1
