Real Estate News & Insights
Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
The 30-year fixed-rate mortgage averaged 6.18% as of Dec. 24, down from last week when it averaged 6.21%. Continue Reading Freddie Mac’s Christmas Gift: Mortgage Rates Continue to Decline
Alabama Recorded Increase in Home Sales During November
The median sales price in Alabama grew by $39,275 year-over-year to $251,784, an 18.5% annual increase but a 0.6% drop month-over-month. Continue Reading Alabama Recorded Increase in Home Sales During November
California’s Home Sales Remain Near 16-Year Low
California’s statewide median price dipped 0.3% from November’s $822,200 to $819,740 in December. Continue Reading California’s Home Sales Remain Near 16-Year Low
Pennsylvania Home Sales Down 7.2% From Last Year
The median price for the state dipped to $213,699 last month from $218,380 in November, although prices were up 9% from December 2022. Continue Reading Pennsylvania Home Sales Down 7.2% From Last Year
Harrison Levy Named Construction Director at Belfonti Companies
Levy was previously a team leader and senior project manager at Petra Construction Corp. Continue Reading Harrison Levy Named Construction Director at Belfonti Companies
Former MBA Chief David H. Stevens Passes Away
Stevens served as the trade group’s leader from 2011 until 2018. Continue Reading Former MBA Chief David H. Stevens Passes Away
Alec Baldwin Tries to Sell His Mansion on YouTube
The actor is asking roughly $19 million for the Hamptons property. Continue Reading Alec Baldwin Tries to Sell His Mansion on YouTube
The City with the Biggest Yards Is…
Hoboken, New Jersey, had the smallest average yard sizes out of 2,000 cities. Continue Reading The City with the Biggest Yards Is…
Cantor Fitzgerald CEO: ‘$700 Billion Could Default’ in Commercial Real Estate Loans
“I think rates are going to stay sort of steady Eddie,” said Howard Lutnick. Continue Reading Cantor Fitzgerald CEO: ‘$700 Billion Could Default’ in Commercial Real Estate Loans
Mortgage Application Activity Up 10.4%
The Refinance Index increased 11% from the previous week and was 10% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 10.4%
RE/MAX: December Home Sales Down 7.3% Year-Over-Year
The median sold price of $400,000 was 3.9% (or $15,000) higher than December 2022 and but was also 1.2% lower than November. Continue Reading RE/MAX: December Home Sales Down 7.3% Year-Over-Year
Community Preservation Partners to Renovate Wisconsin Affordable Housing Complex
CPP’s total investment is approximately $27.4 million, which includes a purchase price of $8 million. Continue Reading Community Preservation Partners to Renovate Wisconsin Affordable Housing Complex
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