Realtor.com has updated its housing forecast for the second half of the year, with predictions for a less onerous mortgage rate level and fewer home sales. The revised forecast points to mortgage rates averaging 6.4% throughout the year before sliding to 6.1% by...
California’s housing market rebounded in May with home sales rising to the highest level in eight months and the statewide median price remaining above $800,000 for the second straight month. According to new data from the California Association of Realtors,...
The median U.S. home price was $371,875 at the conclusion of the four-week period ending May 14, according to data from Redfin (NASDAQ:RDFN). That represents a 2.7% drop, the smallest decline in over a month. The median asking price of newly listed homes was $398,429,...
Closed home sales in New York State fell by 29.6% year-over-year in April, according to new data from the New York State Association of Realtors (NYSAR). April’s 6,944 completed transactions paled in comparison to the 9,857 closed sales in April 2022. Pending sales...
Rhode Island’s residential real estate market has a most unusual imbalance: there are exactly 10 times the number of active brokers and salespersons within the Ocean State as there are properties for sale. GoLocalProv.com analyzed new data from the Rhode...
DRB Group to Launch Two Mortgage Joint Ventures in 2027
