A lawsuit says a state law restricting property ownership by people from China and six other countries is “based on stereotyped and xenophobic generalizations.”
Based on fresh data from CBRE, Japan's investment volume in commercial real estate for the first quarter of 2024 surged by 7% year-over-year, totaling JPY 1.439 trillion.
Based on new predictions made at the Residential Economic Issues & Trends Forum by the National Association of Realtors Chief Economist Lawrence Yun, U.S. interest rates will fall in the long term, 2024 existing-home sales will rise to 4.46 million.
According to Redfin, approximately one out of every five (20.6%) new mortgages issued last year were acquired by low-income Americans, bringing their share of the homebuying market back to 2018 levels.
Las Vegas Realtors released a new report this week indicating a significant uptick in housing prices during April 2024, particularly for condos and townhomes, which reached an all-time high.
Based on the most recent survey from Freddie Mac's Primary Mortgage Market Survey, the average rate for a 30-year fixed-rate mortgage in the U.S. stood at 7.22 percent as of May 2, 2024.
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