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, Latest News |
New single-family home sales fell 6.6% in June to a 676,000 seasonally adjusted annual rate of 676,000, according to the latest Commerce Department monthly report. The June number follows downward revisions to the May estimate and marks the lowest rate since April...
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...