The Tennessee housing market had a record-breaking transaction with the $32 million residential property sale. The 50-acre property located in Belle Meade, a Nashville suburb, features a 19,811-square-foot mansion with five bedrooms and 10 bathrooms. According to the...
The Fannie Mae (OTCQB: FNMA) Home Purchase Sentiment Index (HPSI) closed 2023 on the upswing with a 2.9-point rise in December to 67.2. The year-end increase was attributed to a spike in the number of consumers expecting mortgage rates to go down over the next 12...
Toll Brothers Inc. (NYSE:TOL) has announced the start of construction on its latest single-family home community, Toll Brothers at Pomona – Orchard Collection, in the Pomona master plan in Manvel, Texas. The new community is located in a gated section of the master...
Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, up slightly from last week when it averaged 6.61%. A year ago at this time, it averaged 6.48%....
A vacant Seattle office property has been acquired for conversion into multifamily housing. Stream Real Estate, a Seattle-based developer and investor, has paid $7 million for Queen Anne Plaza, a four-story office building. The Seattle Times reported the company plans...
Zillow Group (NASDAQ:Z, ZG) has released its rankings of the hottest housing markets for 2024, with the lower-cost markets of the Great Lakes, Midwest and South the list. In a study of the nation’s 50 most populous metros, Zillow chose Buffalo, New York as the year’s...
Chicago Mayor Renews Effort to Keep the Bears from Relocating
