Real Estate News & Insights
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.69% as of Aug. 6, up from last week when it averaged 6.66%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
International Buyers Spent $4 Billion to Buy Homes in Texas
International buyers accounted for 2.3% of all Texas residential transactions. Continue Reading International Buyers Spent $4 Billion to Buy Homes in Texas
Pending Home Sales Evaporated in June
Month-over-month pending home sales declined in all four major regions. Continue Reading Pending Home Sales Evaporated in June
Builders Remain Pessimistic Over Single-Family Home Market
“Many potential buyers remain on the sidelines as they wait for lower mortgage rates, more certainty on inflation and a clearer economic outlook,” said NAHB Chairman Bill Owens. Continue Reading Builders Remain Pessimistic Over Single-Family Home Market
New Home Mortgage Applications Up 2.4% From One Year Ago
The average loan size for new homes increased from $372,825 in May to $375,218 in June. Continue Reading New Home Mortgage Applications Up 2.4% From One Year Ago
A California Housing First: San Jose ADU Sold as a Condo Unit
San Jose is one of the nation’s most expensive housing markets, with median home prices exceeding $2 million. Continue Reading A California Housing First: San Jose ADU Sold as a Condo Unit
Redfin Brings The Weather Company’s Data to its Home Listings
The data is now available on all for-sale listings on Redfin.com and the Redfin iOS and Android apps. Continue Reading Redfin Brings The Weather Company’s Data to its Home Listings
New Program Seeks to Prevent Veteran Homelessness Through Financial Coaching
“Too often, homelessness is the final chapter of a much longer financial struggle,” said Brett Seybold, chief financial officer of USAA. Continue Reading New Program Seeks to Prevent Veteran Homelessness Through Financial Coaching
Trump’s Childhood Home Under Contract for a $2 Million Sale
The buyer of the property was not identified. Continue Reading Trump’s Childhood Home Under Contract for a $2 Million Sale
Nationwide Protests Against Data Centers Planned for Saturday
As of Tuesday, 120 protests have been scheduled across 37 states. Continue Reading Nationwide Protests Against Data Centers Planned for Saturday
Report: Minimum Wage Earners Unable to Afford 1-Bedroom Apartment Rent in Nation’s Major Metros
In 12 metros, four minimum wage workers would need to share a one-bedroom apartment to afford rent under the 30% rule. Continue Reading Report: Minimum Wage Earners Unable to Afford 1-Bedroom Apartment Rent in Nation’s Major Metros
102-Year-Old Church in Downtown St. Petersburg Listed for Sale
In its peak years, the church hosted three Sunday services and welcomed thousands of congregants. Continue Reading 102-Year-Old Church in Downtown St. Petersburg Listed for Sale
