Real Estate News & Insights
Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
Canadian Home Sales and Prices Down During November
There were 173,000 properties listed for sale across all Canadian MLS Systems at the end of November, up 8.5% from one year earlier. Continue Reading Canadian Home Sales and Prices Down During November
California Home Sales Down in March
The sales pace in March represented the 18th consecutive month where the activity level was below the 300,000-threshold. Continue Reading California Home Sales Down in March
New York State’s Housing Inventory Sinks to New Record Low
Closed sales fell from 7,790 sales in March 2023 to 6,685 homes last month, a 14.2% decline. Continue Reading New York State’s Housing Inventory Sinks to New Record Low
HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
The updates are designed to provide lenders and property owners with greater flexibility in obtaining and negotiating property insurance premiums/ Continue Reading HUD Updates Multifamily Insurance Deductibles, Citing Wind and Storm Coverage Costs
Mortgage Rates Soar Above 7%
The 30-year fixed-rate mortgage averaged 7.10% as of April 18, up from last week when it averaged 6.88%. Continue Reading Mortgage Rates Soar Above 7%
Existing Home Sales Drop in March
The median existing-home price for all housing types in March was $393,500. Continue Reading Existing Home Sales Drop in March
RE/MAX: New Inventory Fuels 21.6% Spike in March Home Sales
Last month’s median sales price was $415,000, up 5.1% from one year earlier. Continue Reading RE/MAX: New Inventory Fuels 21.6% Spike in March Home Sales
Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage
The financial terms of the transaction were not disclosed. Continue Reading Arthur J. Gallagher & Co. Acquires Louisiana Insurance Brokerage
Austin Realtors Support Plan for Smaller Houses to Boost Affordable Homeownership
The median price for home sales in the Texas capital was $540,000. Continue Reading Austin Realtors Support Plan for Smaller Houses to Boost Affordable Homeownership
Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’
“It’s been decades in the making,” said Stefan Pryor. Continue Reading Rhode Island’s Housing Secretary: Our ‘Production Rate is Too Low’
Portfolio+ Launches Reverse Mortgage Product
The Portfolio+ platform is designed to cover all stages from origination to funding. Continue Reading Portfolio+ Launches Reverse Mortgage Product
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