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Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Mid-Atlantic Region Home Sales Down in November
“Even with somewhat lower mortgage rates, homebuyers and sellers are still very cautious,” said Lisa Sturtevant, Bright MLS chief economist. Continue Reading Mid-Atlantic Region Home Sales Down in November
Report: Home Delistings Up 28% Year-Over-Year
Nearly 85,000 home sellers took their properties off the market in September, a 28% year-over-year increase and the highest delisting level for that month in eight years, according to a new report from Redfin. Nationwide, 5.5% of all home listings were taken off the...
Pending Home Sales Up by Nearly 2%
Pending home sales in October were up by 1.9% from September and were down by a slight 0.4% from on year earlier, according to data from the National Association of Realtors (NAR). On a regional basis, month-over-month pending home sales were up in the Northeast,...
Maine Home Sales Up 10.73% from Last Year
A total of 1,651 single-family existing home sales were recorded in Maine during October, a 10.73% increase from one year earlier. According to data from the Maine Association of Realtors, the median sales price for homes sold hit $426,000, up 7.85% from October 2024....
NEWS & CURRENT EVENTS
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Experian’s report also showed roughly 60% of today’s renters have near-prime or better scores. Continue Reading New Report Finds Nearly Half of Renters Expect to Buy a Home Within 4 Years
Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
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Clark County Commissioners Give OK for $2 Billion Las Vegas A’s Stadium
The commissioners in Nevada’s Clark County have unanimously voted their approval of the $2 billion Las Vegas baseball stadium for the Athletics franchise. SportsPro.com reports the county’ approval clears the process that will enable the team to access up to $380...
Mortgage Credit Availability Edged Up in September
“Mortgage credit availability increased to its highest level in four months,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Edged Up in September
Syracuse University Launches Master of Science Real Estate Program
The one-year, on-campus program can be completed in one calendar year, with flexibility for students who prefer a longer timeline. Continue Reading Syracuse University Launches Master of Science Real Estate Program
Arrest Made in Connection with California’s Deadly Palisades Fire
Jonathan Rinderknecht was an Uber driver and former Pacific Palisades resident. Continue Reading Arrest Made in Connection with California’s Deadly Palisades Fire
UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
The 43-acre community contains 130 developed homesites, of which 32% are occupied. Continue Reading UMH Properties Acquires Georgia Manufactured Home Community for $2.6 Million
Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
In August, total US consumer debt totaled $17.91 trillion, up 2.1% year-over-year. Continue Reading Report: Mortgage Debt Accounted for Nearly Three-Quarters of All Consumer Debt in August
eXp Realty Launches UK Commercial Division
eXp Realty now has the first agent-powered platform in the UK to offer both residential and commercial services under a single model. Continue Reading eXp Realty Launches UK Commercial Division
Mortgage Application Activity Slows Down Again
Among the federal programs, the FHA share of total applications increased to 18.5% from 16.8% the week prior. Continue Reading Mortgage Application Activity Slows Down Again
Lincoln Property Company Acquires BL Mosher Consulting
The financial aspects of the transaction were not disclosed. Continue Reading Lincoln Property Company Acquires BL Mosher Consulting
Newmark Group Acquires Real Estate Professional Services Firm RealFoundations
“Joining Newmark is a natural next step for our firm,” said Chris Shaida, founder and CEO of RealFoundations. Continue Reading Newmark Group Acquires Real Estate Professional Services Firm RealFoundations
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Weekly Real Estate News covers the U.S. real estate and home finance industries and is written for industry professionals. It includes weekly news, trends, analysis and profiles of industry leaders. The publication reaches 1.25 million real estate professionals and offers an unbiased look at the industry’s most important issues. The publication offers subscribers frequent email newsletters and breaking news stories as well as access to the industry’s most experienced thought leaders.
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