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New Home Sales Down 10.5% as Markets Waver on Affordability

USA Real Estate News-RISMedia - Wed, 2025-02-26 12:09

The latest numbers, released jointly by the U.S Census Bureau and Housing and Urban Development, show sales of new single-family homes in January 2025 plunged to a seasonally adjusted annual rate of 657,000, down 10.5% from December 2024, which raked in 734,000 residential sales.  The findings also show a 1.1% decrease year-over-year from the 664,000…

The post New Home Sales Down 10.5% as Markets Waver on Affordability appeared first on RISMedia.

Former Colorado broker killed at luxury Belize resort he developed

USA Real Estate News-Inman - Wed, 2025-02-26 11:52
Boris Mannsfeld moved to Belize in 2006 and founded a development company there in 2010. Two of his known associates were killed in a similar fashion in 2023 and 2024. Motives for the killings are unknown.

Gitcha Announces Southern California Fire Initiative to Assist Displaced Residents

USA Real Estate News-RISMedia - Wed, 2025-02-26 10:38

Gitcha, a real estate marketplace designed to connect home buyers and renters with property owners and landlords, has announced its expansion into the Southern California market. “These wildfires have left thousands in Southern California searching for homes,” said Dan Cooper, CEO of Gitcha. “While we can’t create more housing, we can help those affected share…

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Philly + The Burbs Joins Berkshire Hathaway HomeServices Fox & Roach, REALTORS®

USA Real Estate News-RISMedia - Wed, 2025-02-26 10:29

Berkshire  Hathaway HomeServices Fox & Roach, REALTORS® has announced that Philadelphia real estate team, ‘Philly + The Burbs,’ led by Ashlee Check, Joshua Hersz, Adam Brown and Karen Langsfeld, has joined the brokerage. The team, known in the area for its market expertise, sales strategies, and client-first approach, has closed over $60 million in sales…

The post Philly + The Burbs Joins Berkshire Hathaway HomeServices Fox & Roach, REALTORS® appeared first on RISMedia.

Mortgage Applications Continue to Fall Through Winter

USA Real Estate News-RISMedia - Wed, 2025-02-26 10:02

Mortgage applications continued their fall for the second consecutive week, as mortgage rates remain elevated, hovering just under 7%. According to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 21, 2025, the Market Composite Index (a measure of mortgage loan application volume) decreased 1.2% from one week…

The post Mortgage Applications Continue to Fall Through Winter appeared first on RISMedia.

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