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...
The median U.S. mortgage payment during the four weeks ending Dec. 31 was $2,361, according to data from Redfin (NASDAQ:RDFN). This represents a $372 decline (-14%) from October’s all-time high to the lowest level in nearly a year. As payment levels decline, buyer...
Mortgage application activity for the last two weeks of 2023 was down, according to new data from the Mortgage Bankers Association (MBA) for the week ending Dec. 29. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 9.4% on a...
Middleburg Communities has closed on an approximately 30-acre land parcel located in Wilmington, North Carolina. The Vienna, Virginia-based company will use the parcel for the development of Hamlet Barclay West, a 280-unit build-to-rent (BTR) neighborhood development...
Legendary singer/songwriter Billy Joel welcomed in the New Year by acknowledging his continued inability to sell his mansion in the Oyster Bay section of Long Island. The New York Post reported the Grammy-winner brought up his real estate woes during a New Year’s Eve...
Two of the nation’s leading moving companies have published their annual respective surveys of inbound and outbound migration trends. United Van Lines released its 47th Annual National Movers Study, which tracks state-to-state relocation patterns by customers using...
ICE Blamed for Austin Multifamily Property Going to Special Servicing
