An abandonment of San Francisco commercial mortgages, the Fed presses the pause button and President Biden’s unlikely railroad idea. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Miss: I Left My Mortgage in San...
The level of pending home sales remained stagnant from March to April, according to new data from the National Association of Realtors (NAR). The trade group’s Pending Home Sales Index (PHSI) – a forward-looking indicator of home sales based on contract signings –...
Fewer existing homes were sold last month, according to new data from the National Association of Realtors (NAR). Total existing home sales – which encompass single-family homes, townhomes, condominiums and co-ops – were down by 3.4% from March to a seasonally...