Pending home sales recorded a mild 0.3% uptick from May to June, according to new data from the National Association Realtors (NAR). This marked the first month-over-month increase since February. However, on a year-over-year measurement, pending transactions were...
Roughly half (49%) of U.S. mortgaged residential properties were considered equity-rich in the second quarter, according to new data from ATTOM. This is a slight uptick from 47% in the first quarter and is also the highest level in at least four years. Nationwide, the...
This article is adapted from written testimony presented before a recent hearing of the U.S. Senate Subcommittee on Housing, Transportation, and Community Development. I am a lawyer who supervises a practice group at Mid-Minnesota Legal Aid in Minneapolis. My practice...
Lafayette, Indiana, held the top spot in the latest Wall Street Journal/Realtor.com Emerging Housing Markets Index. The newly-released second quarter results were a triumph for Midwest markets that occupied the top 10 rankings, with Indiana occupying the top three...
There is more unpleasant real estate news from San Francisco – according to Redfin (NASDAQ:RDFN), luxury home prices in San Francisco are falling faster than anywhere else in the nation. The median sale price of luxury homes in San Francisco plummeted by 12.7%...