U.S. Housing Market
Pairgap Releases Structured Agreement Tool for Property Co-Ownership Purchases
Pairgap cited National Association of Realtors data that showed more than one in four first-time buyers enter the market with a co-buyer. Continue Reading Pairgap Releases Structured Agreement Tool for Property Co-Ownership Purchases
Report: Typical Homebuyer’s Down Payment at $64,000
Down payment percentages were highest in San Jose, San Francisco and Anaheim, where the typical homebuyer in each market put down 25% of the purchase price. Continue Reading Report: Typical Homebuyer’s Down Payment at $64,000
Hits and Misses for the Real Estate Week of March 30-April 3
Trump takes aim at State Farm, the Justice Department fights for natural gas appliances, and a mural that memorializes a crime victim is denounced as “divisive.” Continue Reading Hits and Misses for the Real Estate Week of March 30-April 3
Toll Brothers Unveils Townhome Community in Charlotte
Toll Brothers at South Park will feature residences encompassing over 2,000 square feet of open-concept living space. Continue Reading Toll Brothers Unveils Townhome Community in Charlotte
Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Davidson has been trying to sell the condo since 2022, when he listed it for $1.3 million. Continue Reading Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
The estate includes a 16,000-square-foot, six-bedroom main residence built in 1995. Continue Reading Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27. Continue Reading Mortgage Rates Decline Again
NAR’s Pending Home Sales Index Sinks to All-Time Low
The Pending Home Sales Index tumbled by 4.6% to 70.6, an all-time low. Continue Reading NAR’s Pending Home Sales Index Sinks to All-Time Low
Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
The property was formerly known as The Palm Bay Grand and will be rebranded to Mode at Melbourne. Continue Reading Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
Q4 Lending Down While Refinance Activity Rises
Lenders issued $568 billion worth of residential mortgages in the fourth quarter. Continue Reading Q4 Lending Down While Refinance Activity Rises
Virginia Home Sales Up 1.8%
Virginia’s statewide median sales price was $399,000 in January, up more than $27,000 since the same time last year, a 7.3% increase. Continue Reading Virginia Home Sales Up 1.8%
New Single-Family Home Sales Sank in January
The median sales price of new houses sold last month was $446,300 while the average sales price was $510,000. Continue Reading New Single-Family Home Sales Sank in January
Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six carriage homes, and 13 retail spaces. Continue Reading Flournoy Development Group Breaks Ground on South Carolina Mixed-Use Community
Mortgage Application Activity Slows Down
The Refinance Index decreased 4% from the previous week and was 45% higher than the same week one year ago. Continue Reading Mortgage Application Activity Slows Down
Georgia Home Sales Up 2% from Last Year
The median sales price increased by 3% to $349,900 while the average sales price rose by 6% to $426,710. Continue Reading Georgia Home Sales Up 2% from Last Year
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