Maine’s home sales and home prices held steady during May, according to new data from the Maine Association of Realtors (MAR). A total of 1,206 single-family existing homes were sold in Maine last month, with a median sold price of $425,000. Both figures were...
A buyer who purchases the median-priced home today with 20% down will pay $413,700 in interest over a 30-year mortgage at the current 6.53% rate, according to a data report from Best Interest Financial and Clever Real Estate. However, that sum is $10,500 more than the...
The real estate data provider ATTOM has introduced ResiScore, an AI-powered neighborhood intelligence tool designed to rank residential areas based on projected housing market performance. ResiScore assigns each residential census tract a 1 to 100 percentile ranking...
Existing home sales during May increased by 3.2% month-over-month and year-over-year, according to data from the National Association of Realtors (NAR). Month-over-month sales increased in the Northeast, Midwest and South, and were unchanged in the West....
Mortgage credit availability increased slightly in May according to new data from the Mortgage Bankers Association (MBA). The trade group’s Mortgage Credit Availability Index (MCAI) inched up by a scant 0.1% to 108.0 in May; the index was benchmarked to 100 in March...
The Baltimore City Council has voted to advance a property tax relief measure that critics claim will raise taxes for some homeowners. WBFF reports the measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Thus, the plan would...
