New Hampshire residents shopping for a home should prepare themselves for sticker shock, as roughly one in four homes for sale in the Granite State last month was priced for at least $1 million. According to a report in the New Hampshire Union-Leader, more than 110...
Fannie Mae (OTCQB: FNMA) announced a 3.2-point uptick in its Home Purchase Sentiment Index (HPSI) from May to June to a reading of 72.6. The HPSI is also up 6.6 points compared to the same time last year. In June, 19% of consumers surveyed for the HPSI data believed...
A YouTube star’s homebuilding project, a new mansion tax proposal and Detroit leads the nation for the wrong reason. From the wild and wooly world of real estate, here are our Hits and Misses for the real estate week of July 1-5. Hit: MrBeast to the Rescue. The...
California voters will have a chance this November to rewrite the state’s law relating to rent control. The proposed Justice for Renters Act was added to the statewide ballot as Proposition 33. The ballot initiative consists of a single sentence: “The state may not...
Mortgage rates flirted with the 7% level again in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.95% as of July 3, up from last week when it averaged 6.86%. A year ago at this time, it...
Ameritex Homes has launched a “July Sales Event” with rate buydowns as low as 4.99% through a preferred lender and assistance with closing costs on its move-in ready homes across Texas. The limited-time offer is available for qualified buyers on select...
New Data Reports Find Mixed Results in April Home Price Activity
