Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 290,020 in February, according to new data from the California Association of Realtors (CAR). This represented a 12.8% increase from the...
For more than 60 years, home prices have raced ahead of inflation levels – and the gap has expanded considerably over the past decade. According to a new data analysis from St. Louis-based Clever Real Estate, home prices today are 24 times higher than they were in...
Today’s homebuyers place more emphasis on the property’s price rather than its location, according to a new survey released by Coldwell Banker Real Estate, an Anywhere (NYSE: HOUS) brand. In a nationwide poll of 4,213 Americans, 56% of respondents cited price as being...
The U.S. housing market gained $2.4 trillion over the last year, bringing its total value to $47.5 trillion, according to new data from Redfin (NASDAQ:RDFN). The average U.S. was valued at $495,183 as of December, up from $474,740 a year earlier. In percentage terms,...
Fewer people were seeking out mortgage applications, according to data from the Mortgage Bankers Association (MBA) for the week ending Feb. 23. The Market Composite Index, the MBA’s measure of mortgage loan application volume, dropped by 5.6% on a seasonally adjusted...
North Carolina Faces Tornado Threat, Flooding as Isaias Moves Through State
Long Beach Red-Tags Eight Buildings as Storm Surf Damages Waterfront Homes
