Mortgage rates held steady in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, up slightly from last week when it averaged 6.61%. A year ago at this time, it averaged 6.48%....
A vacant Seattle office property has been acquired for conversion into multifamily housing. Stream Real Estate, a Seattle-based developer and investor, has paid $7 million for Queen Anne Plaza, a four-story office building. The Seattle Times reported the company plans...
Zillow Group (NASDAQ:Z, ZG) has released its rankings of the hottest housing markets for 2024, with the lower-cost markets of the Great Lakes, Midwest and South the list. In a study of the nation’s 50 most populous metros, Zillow chose Buffalo, New York as the year’s...
The median U.S. mortgage payment during the four weeks ending Dec. 31 was $2,361, according to data from Redfin (NASDAQ:RDFN). This represents a $372 decline (-14%) from October’s all-time high to the lowest level in nearly a year. As payment levels decline, buyer...
Rockwell Institute, a Bellevue, Washington-based provider of real estate license training and continuing education, has introduced read-along audio options for real estate students. The new immersive course features are available to all students of the self-paced...
The Greater Toronto Area (GTA) recorded less than 70,000 home sales during 2023, according to data from the Toronto Regional Real Estate Board (TRREB). The 65,982 transactions reported through TRREB’s MLS System last year represented a 12.12% year-over-year decline....
