Existing home sales during May recorded a scant 0.2% uptick from the previous month and a significant 20.4% year-over-year decline, according to data from the National Association of Realtors (NAR). A total of 4.30 million completed took place last month – one year...
A total of 72,960 single-family homes and condominiums were flipped in the first quarter of this year, according to new data from ATTOM. This represented 9% of all sales, compared to 9.4% in the first quarter of 2022 and 8% in the fourth quarter of last year. Among...
Realtor.com has updated its housing forecast for the second half of the year, with predictions for a less onerous mortgage rate level and fewer home sales. The revised forecast points to mortgage rates averaging 6.4% throughout the year before sliding to 6.1% by...
A sprawling mansion in Bel Air, California, has been listed for $250 million – and if it is sold at the listing price, it will become the most expensive single-family residential sale in U.S. history. The Wall Street Journal reported that Casa Encantada twice made...
The property in Monterey, California, that was the summer cottage of President Herbert Hoover and his wife, Lou Henry Hoover, has been listed for sale at $2.395 million. According to a Wall Street Journal report, the Hoovers purchased the wooden cottage in 1913 from...
Peoples Bancorp to Acquire Capital Bancorp in $728.1 Million Deal
