A total of 8,388 homes were sold in Virginia during March, an increase of 679 sales compared to last year, an 8.8% gain. This marks the third consecutive month of year‑over‑year growth. March sales also rose 27.5% from February, while year-to-date sales were up by...
Midwest Real Estate Data (MRED) announced to nationwide expansion of its MLS service, including the Private Listing Network (PLN), to any licensed agent. MRED also announced that Compass International Holdings (NYSE: COMP) became the first brokerage to provide its...
The national mortgage delinquency rate declined by 37 basis points (bps) in March to 3.35%, although it was 14 bps above last year’s level, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Prepayment speeds (SMM) were up by 24 bps from February to...
An initiative to gather voter signatures for a November referendum on abolishing Ohio’s property taxes is falling short of its goals. WJW reports the Committee to Abolish Property Tax in Ohio needs to secure more than 413,000 signatures from at least half of Ohio’s 88...
Lennar Corp. (NYSE: LEN) has announced the grand opening of 121 West, a new community of paired homes and townhomes in Redmond, Oregon. According to the company, 121 West is a collection of two- and three-story paired homes and two-story townhomes, with five floor...
Completed foreclosure auctions during the first quarter were up by 33% from one year earlier and up by approximately 10% from the same period two years earlier, according to data from Auction.com. The first quarter’s activity was at a six-year high as distressed...
