The Empire State experienced another rocky month of real estate transactions, according to new data from the New York State Association of Realtors (NYSAR). The year-over-year activity for closed sales across the state were down for the 26th consecutive month,...
The mortgage market is heading into the Thanksgiving holiday weekend on the upswing, according to new data from the Mortgage Bankers Association (MBA) tracking the week ending Nov. 17. The Market Composite Index, the trade group’s measure of mortgage loan application...
Year-over-year rejection rates declined for new mortgage applications last month, according to new data from the Federal Reserve Bank of New York’s Survey of Consumer Expectations Credit Access Survey, which attributed the downturn as a likely reflection on the...
The most expensive residential real estate listing just had its price slashed after five months on the market. According to a Barron’s report, the Bel Air, California-based Casa Encantada, which was listed for a record-high of $250 million in June, was...
October’s home sales were down 4.6% from September and down 8.7% from one year earlier, according to new data from RE/MAX (NASDAQ:RMAX). Last month’s median sales price of $410,000 held steady from the prior month and was 2.8% above the October 2022 level. Homes sold...