Current News & Events
Mortgage Credit Availability Improved Slightly in May
“Mortgage rates reached nine-month highs over the month, which put pressure on homebuyers and reduced the demand for refinancing,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Improved Slightly in May
Baltimore City Council Advances Property Tax Relief Bill
The measure reduces the property tax rate by 1 cent for every $100 of assessed property value. Continue Reading Baltimore City Council Advances Property Tax Relief Bill
Florida Home Sales Rise While Prices Decline
The statewide median sales price for single-family existing homes in October was $411,105, down 0.9% compared to one year ago. Continue Reading Florida Home Sales Rise While Prices Decline
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
Mortgage Rates Inch Up Slightly
The 30-year fixed-rate mortgage averaged 6.26% as of Nov. 20. Continue Reading Mortgage Rates Inch Up Slightly
Florida Businessman Sentenced for Construction Loan Fraud Schemes
David Ingram, 73, previously pleaded guilty to one count of wire fraud. Continue Reading Florida Businessman Sentenced for Construction Loan Fraud Schemes
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Lennard Commercial Realty Opens Vancouver Office
The Vancouver office will be led by Partners Allon Shapiro and Aaron Ulinder. Continue Reading Lennard Commercial Realty Opens Vancouver Office
Existing Home Sales Up in October
“Home sales increased in October even with the government shutdown due to homebuyers taking advantage of lower mortgage rates,” said NAR Chief Economist Lawrence Yun. “ Continue Reading Existing Home Sales Up in October
Q3 Mortgage Originations Down Slightly
Mortgage activity increased quarterly in 98 of the 209 metropolitan areas analyzed by ATTOM. Continue Reading Q3 Mortgage Originations Down Slightly
The City with the Highest Mortgage Delinquency Rate Is…
San Francisco and San Jose ranked at the bottom as the cities with the lowest mortgage delinquencies. Continue Reading The City with the Highest Mortgage Delinquency Rate Is…
Recent Posts
Texas Realtor Opens Garage Door and Falls Into a 5-Foot-Deep Hole- Ex-Massachusetts State Police Sergeant Receives Probation for Loan Fraud Ti…
- Florida’s Fraternal Order of Police Opposes Property Tax Amendment
- Paul Chung Joins SJP Properties as Head of Acquisitions
- NYC Median Asking Rent Hits New Record High
