The median U.S. home sale price hit a record $383,725 during the four weeks ending April 21, according to new data from Redfin (NASDAQ: RDFN). This represents a 5.2% increase from one year earlier and was also one of the biggest jumps since October 2022. Redfin noted...
Pending home sales in March were up by 3.4% from February and up by 0.1% from one year earlier, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) increased to 78.2 in March; an index of 100 is...
The historic Upper East Side brownstone that was Frank Sinatra’s New York City residence for most of the 1960s has been listed for sale at $4.45 million. The New York Post reported the legendary entertainer lived at 249 East 61st St. from 1963 to 1969. The...
The level of home sales in Texas during the first quarter was unchanged from one year ago despite a spike in listings, according to new data from Texas Realtors. A total of 72,361 home sales occurred during the first three months of the year in Texas, roughly...
The Consumer Financial Protection Bureau (CFPB) is pursuing the Biden administration’s campaign against so-called junk fees by publishing an edition of Supervisory Highlights featuring what the agency described as its actions “to combat junk fees charged by mortgage...
CVS Health (NYSE: CVS) announced it has invested $19.2 million through Boston Financial to build 85 new affordable housing units in Arvada, Colorado. The investment was made in collaboration with Family Tree and BlueLine Development. The development, known as Marshall...
Hits and Misses for the Real Estate Week of April 27-May 1
