Nearly 40,000 home sale agreements in January, or 13.7% of homes that went under contract, were canceled. According to data from Redfin, that share is up from 13.1% one year before and marked the highest January share in records dating back to 2017. Redfin attributed...
Homebuilder Lennar Corp. (NYSE: LEN) has announced the grand opening celebration of Cedar Springs, a new single-family home community in Trinity, Alabama. Cedar Springs offers five home designs, with single- and two-story homes ranging from 1,248 to 2,065 square feet...
A new data report from Redfin determined the current housing market had an estimated 44% more home sellers than buyers. This is up from 30% more than one year earlier and represents the second largest gap in records dating back to 2013 – the largest gap was 45% last...
Sales of new single-family houses in December were at a seasonally adjusted annual rate of 745,000, according to estimates released by the US Census Bureau and the Department of Housing and Urban Development. This is 1.7% below the November rate of 758,000, but it is...
Mortgage rates hit their lowest level since September 2022, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.01% as of Feb. 19, down from last week when it averaged 6.09%. A year...
Hurricane Isaias Strikes Florida Panhandle as $71.8 Billion in Commercial P…
