A total of 72,217 single-family homes and condominiums were flipped in the third quarter, accounting for 6.8% of home sales between July and September. According to data from ATTOM, the number of flips nationwide was down quarter-over-quarter (from 79,335 in the...
Closed sales across the Mid-Atlantic region services by Bright MLS were down 4.6% year-over-year in November while new pending sales were 1.6% lower over the same period. The number of new listings coming onto the market last month was 4.4% lower compared to November...
Mortgage application activity came off the Thanksgiving holiday weekend on the upswing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 4.8% on a seasonally...
ETHZilla Corporation (NASDAQ: ETHZ), a technology company focused on bringing decentralized finance infrastructure to traditional finance, is partnering with Zippy Inc., a digital lending platform, to bring manufactured home loans on-chain as tokenized real-world...
A Democratic member of the Pittsburgh City Council has proposed a 30% property tax hike to cover the city’s “budgetary gaps.” WESA reports City Councilor Barbara Warwick (D-District 5) acknowledged her proposal would not be popular with homeowners, but stressed the...
Texas Lt. Gov. Dan Patrick has put forth a property tax proposal that is completely at odds with the proposal advocated by Gov. Greg Abbott. Texas Tribune reports Patrick has proposed the “Double Nickel” concept that lowers property taxes by raising the...
Hits and Misses for the Real Estate Week of April 6-10
