Sales of new single‐family houses in November were at a seasonally adjusted annual rate of 590,000, according to estimates from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This marked a 12.2% drop from the revised October rate of...
Florida’s housing market recorded year-over-year increases in sales, median sales prices and new listings, according to new data from Florida Realtors. Last month, closed sales of existing single-family homes statewide totaled 17,722, up 4.2% year-over-year,...
Mortgage rates continued to leave the 7% in the rearview mirror, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. The 30-year fixed-rate mortgage averaged 6.67% as of Dec. 21, down from last week when it averaged 6.95%. A year ago...
The national median mortgage payment was $2,137 in November, down from $62 in October, according to data from the Mortgage Bankers Association (MBA). However, November’s sum is up by $160 from one year ago, equal to an 8.1% increase. The national median mortgage...
The majority of millennials and Gen Zers did not grow up to move away from their hometowns, according to new data from LendingTree (NASDAQ:TREE). In a survey of 2,000 U.S. millennials and Gen Zers, 57% of respondents said they still live in their hometowns, while...
Home Price Growth Accelerates, but Inflation Keeps Values Down in Real Term…
