by Brit Owen | Jul 27, 2021 | Industry News, Latest News, National, News |
Home prices are up nationwide in May, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). Prices increased by 1.7% since last month and were up 18.0% from May 2020 to May 2021. The previously reported 1.8% price change for April 2021...
by Brit Owen | Jul 27, 2021 | Industry News, Latest News, National, News |
Mortgage forbearance rates decreased by 2 basis points from 3.50% of servicers’ portfolio volume in the prior week to 3.48%, as of July 18, 2021, according to the Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey. MBA estimates...
by Brit Owen | Jul 27, 2021 | Industry News, Latest News, News, Spotlights |
Nationwide, existing homes available for purchase were down nearly 19% from last June; but in Northern Virginia, inventory was up nearly 31%, according to the Northern Virginia Association of REALTORS® (NVAR). However, weekly showings in Northern Virginia toward the...
by Brit Owen | Jul 27, 2021 | Industry News, National, News |
Beringer Capital, a Toronto-based private equity firm that specializes in media, technology and marketing services, has acquired Inman Group. Beringer states it will “contribute input” for the news organization’s day-to-day strategy, as well as...
by Brit Owen | Jul 27, 2021 | Industry News, Latest News, National, News |
June experienced a record-breaking 636K homes sold across the U.S., marking a 24% YoY increase. MoxiWorks recently released their Home Sales Predictor, forecasting that this trend won’t end any time soon, going against other industry predictions that we are...
by Brit Owen | Jul 27, 2021 | Industry News, News, Spotlights |
Texas home sales reached a new high of 114,772 homes sold in the second quarter of 2021, an increase of 24.7% from the second quarter a year ago, according to the 2021-Q2 “Texas Quarterly Housing Report” released today by Texas REALTORS®. “Texas is...