Residential Real Estate News
Top Residential Real Estate News
Las Vegas Condo, Home Sales Downtick Annually in September
A new report released by Las Vegas Realtors shows that prices for local condos and townhomes have reached an all-time high in September 2024, while home prices nearly matched their previous peak.
Despite Lower Rates, U.S. Mortgage Applications Dip in Late September
New data from the Mortgage Bankers Association's Weekly Applications Survey for the week ending September 27, 2024, shows a 1.3 percent decline in U.S. mortgage applications compared to the previous week.
Number of U.S. Home Sales Hit 30 Year Low in 2024
According to a recent Redfin report, only 25 out of every 1,000 U.S. homes changed ownership in the first eight months of 2024, marking the lowest housing turnover rate in 30 years.
World Property Markets to Commence Industry Joint Venture Funding Round
Michael Gerrity, founder of Miami-based World Property Ventures (WPV), has announced that WPV's wholly-owned subsidiary, World Property Markets, is soon launching a significant $350 million joint-venture funding round with multiple industry partners later this quarter.
