Active listings of homes for sale during August were down by 1.4% from July, according to data from Redfin. This marked the largest seasonally adjusted decline since June 2023. Although active listings last month were up 9.7% year-over-year, this marked the smallest...
Mortgage rates continued to decline in the latest its Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.26% as of Sept. 18, down from last week when it averaged 6.35%. A year ago at this time, it averaged...
A total of 78,621 single-family homes and condominiums were flipped in the second quarter, accounting for 7.4% of home sales during that three-month period. According to data from ATTOM, the second quarter’s activity was down from the first quarter when flipped homes...
A new report from Redfin has identified Santa Barbara, California, as the priciest housing market among the nation’s 50 biggest college towns. Santa Barbara is home to the University of California, Santa Barbara. The current median home sale price for this market is...
Mortgage application activity surged during the week ending Sept. 12 thanks to an upswing in refinancing, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, spiked by 29.7%...
Rent Discounts Spread to 43.5% of Listings as Apartment Owners Fight for Te…
