City Ventures, a California-focused homebuilder specializing in energy efficient properties, announced the grand opening of Concord Court, a townhome community in the Los Angeles County city of Compton. Concord Court presents three floorplans that range from...
A total of 10,649 closed home sales were recorded across Virginia in May, a mere 66 fewer than one year ago for a 0.6% decrease. According to Virginia Realtors, the stagnant rate of home sales occurred while inventory growth accelerated. There were 23,137 active...
Mortgage rates continued to decline in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.77% as of June 26, down from last week when it averaged 6.81%. A year ago at this time, it averaged...
The national median payment carried by purchase loan applicants increased in May to $2,211 from $2,186 in April, according to new data from the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index report. For borrowers applying for...
The latest US Home Affordability Report published by ATTOM has determined owning a median-priced home in the second quarter was less affordable than historical averages in 99.3% of the counties (575 out of 579) with sufficient data to analyze. This is up slightly from...
Pending home sales during May were up by 1.8% from April and up 1.1% from one year earlier, according to the National Association of Realtors (NAR). All four regions experienced month-over-month increases while contract signings were up year-over-year only in the...
