Posts by John Yellig

MBA: Mortgage applications jump on lower rates

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association...

New-home sales rise in December 

The median sales price of a new home was down on a monthly basis but up on an annual...

NAR: Existing-home sales dip 1.5% in December 

House prices, however, continued to rise, marking the 130th consecutive month for price gains, the longest streak on record, the National Association of REALTORS® said. ...

Single-family starts, builder confidence rise 

The increase in builder confidence breaks a string of 12 straight monthly declines in the NAHB/Wells Fargo Housing Market...

SP200 ranks the most-powerful people in residential real estate in 2023 

HomeServices of America President and CEO Gino Blefari took the top spot on the annual...

Compass announces third round of layoffs 

The brokerage said its technology team, which was most affected in the previous round of cuts, will not be impacted this...

CoreLogic: Annual home-price growth rate slows to 2-year low 

Geographically, the largest home-price increases took place in the Southeast, led by Florida (18%), South Carolina (13.9%) and Georgia (13.6%), CoreLogic reported, citing its November Home Price Insights report.  ...

Newmark launches single-family rental group  

The move comes despite a slowdown in the single-family rental...

NAR: Pending-home sales slide for sixth month in a row in November 

Regionally, the pending-sales index fell 7.9% month over month in the Northeast, 6.6% in the Midwest, 2.3% in the South and 0.9% in the...

New-home sales rise again in November 

At the same time, the median sales price of a new house slid to $471,200 from $484,700 in October and $430,300 a year earlier, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development...

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