Home sales in March increased 21.6% over February, according to new data from RE/MAX LLC, which attributed this spike to a 20.9% increase in new listings that resulted in a 7.7% expansion in inventory. “As we move into what is normally the prime homebuying...
The Austin Board of Realtors (ABoR) is backing a proposal to expand affordable homeownership opportunities by subdividing single-family lots for the building of smaller and less expensive homes. According to a CBS Austin report, the median price for home sales in the...
Rhode Island Housing Secretary Stefan Pryor is complaining that his state’s new construction supply is not keeping pace with the local demand. “Our housing production rate is too low,” said Pryor in an interview with NBC 10 News WJAR-TV. “In fact, it’s the lowest in...
Homeowners in Florida and California have seen a disproportionately high level of disruptions to their home insurance coverage, according to a new data study from Redfin (NASDAQ:RDFN). The new Redfin-commissioned survey by Qualtrics was conducted in February and...
Mortgage application activity picked up for the week ending April 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 3.3% on a seasonally adjusted basis from...
Mortgage applications for new home purchases in March were 6.2% higher than one year earlier, according to data from the Mortgage Bankers Association (MBA). On a monthly measurement, applications increased by 1% from February. MBA estimated new single-family home...
Hits and Misses for the Real Estate Week of April 27-May 1
