Existing home sales inched up by 0.5% month-over-month in November to a seasonally adjusted annual rate of 4.13 million, according to data from the National Association of Realtors (NAR). Compared to November 2024, sales are down by 1.0%. Month-over-month sales were...
The national median payment applied for by purchase applicants decreased to $2,034 in November from $2,039 in October, according to data from the Mortgage Bankers Association (MBA). November’s national median mortgage payment for conventional loan applicants was...
Existing home sales across Wisconsin were down 9.2% year-over-year in November, the first decline since May. On a year-to-date basis, closings were up 1.5% compared to the first 11 months of 2024. According to data from the Wisconsin Realtors Association (WRA), total...
Mortgage rates dropped slightly in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.21% as of Dec. 18, down slightly from last week when it averaged 6.22%. A year ago at this time, it averaged...
Home sales were down 4.7% year-over-year and down 18.5% month-over-month across the 51 metro areas surveyed for the latest national housing report published by REMAX (NYSE: RMAX). San Antonio recorded the greatest year-over-year sales decline at -22.9% while Wichita,...
The former headquarters complex of the WWE professional wrestling operations has been approved for conversion in residential housing. The Zoning Board for the City of Stamford, Connecticut, unanimously approved plans to transition the building into 84 apartments....
Hits and Misses for the Real Estate Week of April 6-10
