The number of Pennsylvania homes on the market reached a three-year high in July, with 42,270 seeking buyers, a 9.5% year-over-year spike. According to data from the Pennsylvania Association of Realtors (PAR), July’s listings were also up 1.5% from June. But despite...
Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.58% as of Aug. 21, unchanged from last week. A year ago at this time, it averaged 6.46%. The 15-year fixed-rate...
One of the most audacious pieces of celebrity real estate is back on the market – Jackie Gleason’s UFO-inspired roundhouse in the Hudson Valley town of Cortlandt Manor, New York, is now listed for $5.5 million. Completed in 1959 and nicknamed “The Mothership,” the...
Existing home sales during July recorded a 2% month-over-month upswing to a seasonally adjusted annual rate of 4.01 million, according to the National Association of Realtors (NAR). On a year-over-year measurement, sales were up by 0.8%. The sales increase was matched...
Approximately 58,000 home purchase agreements were canceled in July, according to new data from the Rocket Companies (NYSE: RKT) division Redfin. The rate of cancelations accounted for 15.3% of homes that went under contract last month, up from 14.5% one year ago....
Roughly 1.4 million residential properties, or about 1.3% of all US homes, were vacant during the third quarter, according to data from ATTOM, which also found 7,519 pre-foreclosure homes, or 3.38% of the 222,318 properties in the process of foreclosure, were “zombie”...
