Actress Julia Roberts has sold her San Francisco mansion less than two weeks after putting it on the market. Realtor.com reported the five-level property in the city’s Presidio Heights neighborhood was acquired by the Oscar-winner in January 2020 for $8.3 million. The...
Nearly one-third of single-family homes for sale during the third quarter were new construction, according to data published by Redfin (NASDAQ:RDFN). The 30.6% share is the highest of any third quarter on record. This is up from 28.9% one year ago and 25% two years...
Mortgage application activity was down for the third consecutive week, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, was down by 2.1% on a seasonally...
loanDepot Inc. (NYSE: LDI) has launched its “accessZERO” program to assist borrowers challenged with barriers to affordable homeownership. The new program is available nationwide for Federal Housing Administration purchase mortgages and offers up to 5% in down payment...
The National Association of Realtors (NAR) was found guilty by a jury in Kansas City of artificially maintaining high commission rates through its Clear Cooperation Rule. The trade group, along with co-defendants HomeServices of America and Keller Williams, were...
There were roughly 1.3 million vacant residential properties, representing 1.27% or one in 78 homes in the U.S., during the fourth quarter of this year according to new data from ATTOM. The fourth quarter data is virtually the same as in the third quarter of this...