More Californians were able to afford buying a home during the third quarter, according to a data report from the California Association of Realtors (CAR). Between July and September, 17% of the state’s homebuyers could afford to purchase an $887,380...
Mortgage rates were on the rise in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.22% as of Nov. 6, up from last week when it averaged 6.17%. A year ago at this time, it averaged 6.79%. The...
Investors are continuing to make their impact felt in both high-end and affordable housing markets, according to Realtor.com’s Investor Report Mid-Year Update. While overall home sales declined 4.2% year-over-year in the second quarter, investor purchases fell...
Home prices were up 77% of metro markets (176 out of 230) during the third quarter, up from 75% in the second quarter. According to new data from the National Association of Realtors, 4% of metro areas recorded double-digit price gains in the third quarter, down...
During August, 7.3% of mortgaged homebuyers used a VA loan, up from 6.5% one year earlier, according to a data report from Redfin. This marked the highest share for that month since 2019. Nationwide, the number of VA loans rose 3% year-over-year in August, while the...
The real estate investment and development platform Greystar has begun pre-releasing on its latest apartment community, The Henry at Klein Mills in Elizabethtown, Pennsylvania. The Henry at Klein Mills offers one-, two- and three-bedroom layouts that range from 616...
