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Ameris Bank in $9 Million Settlement Over Redlining Charges
“We strongly disagree with any suggestion that we have engaged in discriminatory conduct,” said Palmer Proctor, CEO of Ameris. Continue Reading Ameris Bank in $9 Million Settlement Over Redlining Charges
Mortgage Rates Surge Higher (Again)
“Mortgage rates continued to approach 8% this week, further impacting affordability,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Surge Higher (Again)
Pennsylvania Home Sales Down 21% Year-Over-Year
The median home sale price decreased for the third month in a row, down 3% from August to $216,249 in September. Continue Reading Pennsylvania Home Sales Down 21% Year-Over-Year
Florida Home Sales and Prices Begin to Stabilize
In September, the statewide median sales price for single-family existing homes was $409,243. Continue Reading Florida Home Sales and Prices Begin to Stabilize
Builder Confidence Grows Increasingly Pessimistic
“Builders have reported lower levels of buyer traffic,” said NAHB Chairman Alicia Huey, Continue Reading Builder Confidence Grows Increasingly Pessimistic
Existing Homes Sales Down During September
First-time buyers were responsible for 27% of sales in September, down from 29% in the prior month and one year earlier. Continue Reading Existing Homes Sales Down During September
