The average sale-to-list price ratio hit 100.1% during the four weeks ending July 2, according to new data from Redfin (NASDAQ:RDFN). This marks the first time since last August that the average home was selling for more than its asking price. Redfin also noted the...
A data analysis of the U.S. Census Bureau’s state and local tax data by the National Association of Home Builders (NAHB) has determined that property owners paid $174 billion in taxes during the first quarter of 2023 and $714 billion in the four quarters ending with...
A Nantucket compound sold for $38.1 million, creating the largest residential real estate sale in Massachusetts history. According to the Wall Street Journal, the sellers are venture capitalist Evan Jones and his wife, wildlife photographer Cindy Jones, who acquired...
The typical U.S. home is selling this month for roughly $383,000, according to new data from Redfin (NASDAQ:RDFN). This is roughly less than $4,000, or -1%, than the all-time high set in June 2022. Redfin also noted the current sales price average is the smallest...
Mortgage rates are back on the upswing, according to the new Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.71% as of June 29, up from last week when it averaged 6.67%. One year ago at this time, it...
Peoples Bancorp to Acquire Capital Bancorp in $728.1 Million Deal
