Real Estate News & Insights
Alabama Home Sales Down During October
The state’s median sales price was $253,201, up by 7.6% from September and by 19.7% from October 2024. Continue Reading Alabama Home Sales Down During October
Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
October’s foreclosure starts slowed by 9.8% from the prior month, but the foreclosure inventory was up by 37,000 (19%) year-over-year, Continue Reading Report: Mortgage Delinquency Rate Down 11% Year-Over-Year
FBI Arrests Developer at Center of Texas AG Impeachment
Nate Paul has been under federal investigation since 2019. Continue Reading FBI Arrests Developer at Center of Texas AG Impeachment
Construction Begins on Frank Gehry’s Toronto Residential Towers
“Toronto is my hometown, and I wanted to do right by it,” said Gehry. Continue Reading Construction Begins on Frank Gehry’s Toronto Residential Towers
Mortgage Rates Down Slightly This Week
“Mortgage rates decreased after a three-week climb,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Down Slightly This Week
Foreclosure Filings Up 14% From One Year Ago
Lenders started the foreclosure process on 23,245 properties in May, up 4% from the previous year and up 5% from one year earlier. Continue Reading Foreclosure Filings Up 14% From One Year Ago
Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
The agencies said the proposed guidance would also “help identify, address, and mitigate valuation discrimination risk.” Continue Reading Feds Seek Input on Proposed Guidance on Real Estate Reconsiderations of Value
When You Need a Six-Digit Salary to Avoid Being Rent Burdened
The least rent-burdened market is Wichita, Kansas, where the average renter needs to make just less than $40,000. Continue Reading When You Need a Six-Digit Salary to Avoid Being Rent Burdened
NASCAR’s Kyle Busch Lists North Carolina Mansion for $13 Million
Busch purchased the property for $7.5 million in 2012, which was a record at the time for the Charlotte area. Continue Reading NASCAR’s Kyle Busch Lists North Carolina Mansion for $13 Million
New Home Listings Down 25% From One Year Ago
The absence of new listing pushed the total number of homes listed for sale down 5% year-over-year. Continue Reading New Home Listings Down 25% From One Year Ago
Q1 Homeowners See First Annual Home Equity Losses Since 2012
This represented a collective loss of $108.4 billion and an average loss of $5,400 per borrower from one year earlier. Continue Reading Q1 Homeowners See First Annual Home Equity Losses Since 2012
Wanted: 320,000 Affordable Homes for Middle-Income Buyers
NAR defines a middle-income buyer as a household earning up to $75,000. Continue Reading Wanted: 320,000 Affordable Homes for Middle-Income Buyers
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