Builder confidence in the market for newly built single-family homes rose five points this month to 50, according to the latest Housing Market Index (HMI) report from the National Association of Home Builders (NAHB) and Wells Fargo (NYSE:WFC). This is the fifth...
The share of home loans in forbearance declined by 4 basis points from March to April, reaching a level of 0.51% of servicers’ portfolio volume, according to new data from the Mortgage Bankers Association (MBA). The share of Fannie Mae and Freddie Mac loans in...
Nearly 28,000 real estate agents and brokers licensed in Minnesota have completed a two-year training program designed to eliminate racial inequities in homebuying. According to a KAAL-TV / ABC 6 News report, the Minnesota Department of Commerce launched the program...
One of the largest homes designed by the iconic architect Frank Lloyd Wright has been listed for sale in Tulsa, Oklahoma, for $7.9 million. According to a report in TheSpaces.com, the property known as Westhope was completed in 1929 as the residence for Richard Wright...
U.S. household debt passed the $17 trillion mark for the first time, according to data from the Federal Reserve Bank of New York. The newly published Quarterly Report on Household Debt and Credit reported a $148 billion (0.9%) increase to $17.05 trillion by the end of...
Rhode Island’s residential real estate market has a most unusual imbalance: there are exactly 10 times the number of active brokers and salespersons within the Ocean State as there are properties for sale. GoLocalProv.com analyzed new data from the Rhode...
Hits and Misses for the Real Estate Week of May 11-15
