Canyon Partners Real Estate LLC and The NRP Group have created a joint venture for the development of the Abernethy Lofts, a 392-unit, Class A multifamily community in North Davidson (NoDa), the arts and entertainment district of Charlotte, North Carolina. Abernethy...
Mortgage rates resumed their upward trajectory and stayed above the dreaded 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 7.18% as of Sept. 14, up from last week when it averaged...
The Instagram account Zillow Gone Wild has inspired a new HGTV series that is scheduled to premiere in early 2024. “Zillow Gone Wild” will consist of eight half-hour episodes and a one-hour season finale. In each episode, three eccentric homes for sale will be...
Credit union activity in the mortgage and home equity line of credit (HELOC) markets recorded a decline during the third quarter of this year, according to new data from TransUnion (NYSE:TRU). The balances on credit union-originated mortgages grew more than 4%...
Second homes continue to lose their appeal in the post-pandemic era, according to new data from Redfin (NASDAQ:RDFN), with mortgage-rate locks for second homes down 19% year-over-year in August, compared to the 14% decline for primary homes. When measured against the...
Home insurance policy premiums increased by an average of 21% between May 2022 and May 2023, according to a study released by the insurtech platform Policygenius. In comparison, the premium increase from the previous 12-month period (May 2021 to May 2022) was only...
Hits and Misses for the Real Estate Week of May 11-15
