Real Estate News & Insights
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Illinois Sues MV Realty Over 40-Year Brokerage Contracts
“I am committed to seeking enforcement against businesses that violate the law to take advantage of Illinois consumers,” said Attorney General Kwame Raoul. Continue Reading Illinois Sues MV Realty Over 40-Year Brokerage Contracts
North Carolina Mobile Home Community Sells for $12.8 Million
Cape Fear Village opened in 2000 and spans 45.8 acres. Continue Reading North Carolina Mobile Home Community Sells for $12.8 Million
Ginnie Mae President Alanna McCargo to Resign
McGargo became Ginnie Mae’s 18th president and first female leader in December 2021. Continue Reading Ginnie Mae President Alanna McCargo to Resign
Median Luxury Home Price at New Record High
The total number of luxury homes for sale rose 12.6% from a year earlier in the first quarter, the biggest increase on record. Continue Reading Median Luxury Home Price at New Record High
Increased Listings Drive Home Sales Surge in Pennsylvania
Home listings on the market increased 7.6% last month compared to February, reaching 33,233. Continue Reading Increased Listings Drive Home Sales Surge in Pennsylvania
Community Associations Institute Seeks Exemptions from Corporate Transparency Act
Last month, a federal court ruled the act was unconstitutional but did not issue an injunction blocking its enforcement. Continue Reading Community Associations Institute Seeks Exemptions from Corporate Transparency Act
Chicago’s Qamar Group Joins The Real Brokerage
Qamar Group offers 36 agents who serve the Chicago metro area, along with markets across Michigan and Wisconsin. Continue Reading Chicago’s Qamar Group Joins The Real Brokerage
Utah’s Sundance Film Festival Seeks New Host Venue
Sundance has been held since 1981 in the luxury resort setting of Park City, Utah. Continue Reading Utah’s Sundance Film Festival Seeks New Host Venue
Commercial Real Estate Foreclosures Up 117% From Last Year
California had the highest number of commercial foreclosures last month at 187. Continue Reading Commercial Real Estate Foreclosures Up 117% From Last Year
Florida Home Sales Down While Property Prices Rise
The statewide median sales price for single-family existing homes in March was $420,600, up 3.9% from the previous year. Continue Reading Florida Home Sales Down While Property Prices Rise
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