Mortgage applications for new home purchases in November increased 3.1% from one year earlier, according to data from the Mortgage Bankers Association (MBA). Compared to October, applications decreased by 7%. MBA estimated new single-family home sales were running at...
As the year-end giving season kicks into gear, WalletHub has published this year’s edition of its Neediest Cities in America report. WalletHub compared more than 180 cities across 28 key metrics – including child and adult poverty, food insecurity, homelessness, the...
Builder confidence ended the year on an uptick, but was still deep in negative territory. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) for December inched up one point to a reading of 39, well below the breakeven point of 50....
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. The 28.6-acre community will include six residential buildings in one-, two-, and three-bedroom configurations, with units...
Homebuyers not shopping for the best mortgages, foreclosure levels on the rise, and Zohran Mamdani’s very un-socialist new home. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 8-12. Miss: A Missed Opportunity. A new...
Flournoy Development Group has announced the launch of Declan Villa Rica, an apartment and townhome community in Villa Rica, Georgia. The new complex will feature 252 apartment homes and 56 townhomes across a mix of three- and four-story buildings and two-story...
Hits and Misses for the Real Estate Week of April 6-10
