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Existing Home Sales Retreat in June as Affordability Pressures Persist

The U.S. housing market continues to grapple with affordability headwinds, as existing home sales declined for a second consecutive month in June. According...

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FeaturedFinanceIndustry NewsResidential

Existing Home Sales Edge Up in May as Supply Increases and Rates Ease Slightly

Existing home sales in the United States posted a modest gain in May 2025, rising 0.8 percent to a seasonally adjusted annual rate...

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FinanceIndustry NewsNews ReleasesOrange CountyResidential

MG Properties Acquires 314-Unit Citron Apartments in Anaheim for $144MM

(EDITOR’S NOTE: The sale comes in at approximately $458,600 per unit.) SAN DIEGO, June 23, 2025 — MG Properties, a leading real estate investment and...

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AECFeaturedFinanceIndustry NewsResidential

Housing Market at a Crossroads as Mortgage Rates Stay Elevated and Supply Rises

The U.S. housing market continues to grapple with persistent challenges as 2025 unfolds, with elevated mortgage rates and shifting supply dynamics shaping conditions...

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AECFeaturedFinanceIndustry NewsResidential

Housing Industry Navigates Uncertain Waters as Market Dynamics Shift

Spring sales slump extends into summer as builders brace for prolonged downturn The housing industry faces a challenging landscape as spring’s sales slump...

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FinanceIndustry NewsInland EmpireNews ReleasesResidential

Community HousingWorks Buys 126-Unit NOVO Apartments in Rowland Heights for $38.3MM with $24.9MM Acquisition Financing

ROWLAND HEIGHTS, Calif. — Northmarq’s Westlake Village Multifamily Investment Sales team led by Vince Norris, Mike Smith, Jim Fisher and Tommy Yates, in collaboration with Northmarq’s Newport Beach Debt + Equity team led...

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FeaturedFinanceIndustry NewsResidential

Mortgage Rates Edge Higher But Remain Below 7% Threshold

30-year fixed rates climb to 6.89 percent as housing market maintains relative stability Mortgage rates continued their gradual upward climb this week, with...

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News Releases

Survey: Mortgage Rates Decrease

MCLEAN, Va., April 24, 2025 — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the...

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AECFeaturedFinanceIndustry NewsResidential

New Home Sales See Strongest Gain in Six Months Despite Mounting Headwinds

New home sales in the United States surged in March 2025, posting their largest monthly increase since last September, according to the latest...

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FinanceIndustry NewsLos AngelesNews ReleasesResidential

G.H. Palmer Secures $168MM Refinance for 776-Unit Santa Clarita Community

Walker & Dunlop, Inc. announced [in early April] that it has arranged a $168 million loan to refinance Park Sierra, a 776-unit, Class B,...

HomeLight
FeaturedFinanceIndustry NewsResidential

Existing Home Sales Bounce Back in February, But Affordability Hurdles Remain Steep

Existing home sales in the United States showed a surprising resilience in February, rising 4.2 percent and surpassing market expectations, according to the...

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FeaturedFinanceIndustry NewsNews ReleasesResidential

The 30-Year Fixed-Rate Mortgage Ticks Down

MCLEAN, Va., March 27, 2025 — Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM)...

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