The share of new home sales backed by Federal Housing Administration (FHA) loans increased to 14% in the second quarter from 12.1% in the first quarter, according to a new data analysis from the National Association of Home Builders (NAHB). The second quarter’s...
The typical U.S. homebuyer’s monthly mortgage payment was $2,605 during the four weeks ending July 30, according to new data from Redfin (NASDAQ:RDFN). This represents a 19% year-over-year spike, but it is also $32 less than the record-high payment level from early...
Active listings of U.S. residential properties slowed in July for the fourth consecutive month in and fell below pre-pandemic levels for the first time since April 2022, according to new data from Realtor.com. Last month, the active housing inventory was 47.8% below...
Zillow Group (NASDAQ:Z, ZG) has acquired Aryeo, a Boston-headquartered real estate media software and content management platform for photographers and media companies. Aryeo was founded in 2019 by former real estate photographers Branick Weix, Matthew Michalski and...
The Miami Beach mansion that was once home to iconic singer-actress Cher has been listed for sale at $42.5 million. The 0.68-acre property in the La Gorce Island gated community features a 12,450-square-foot residence built in 1953. The Spanish-style residence has six...
The 30-year fixed-rate mortgage inched closer to the 7% mark in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB:FMCC). According to the government-sponsored enterprise, the 30-year fixed-rate mortgage averaged 6.90% as of Aug. 3, up from last...
Mississippi Real Estate Agent Identified as Angry Man Berating Young Father…
