Pending home sales drop sharply in December as mortgage rates surge back over 7%
Pending home sales dropped sharply in December as mortgage rates climbed. The average rate on the 30-year fixed mortgage went from a low of 6.68% on Dec. 6 to a high of 7.14% on Dec. 19. Pending sales ...
US pending home sales drop to snap four months of gains
Contracts to buy U.S. previously owned homes fell in December to snap a four-month streak of increases, with particularly sharp declines in the pricier Northeast and West regions as higher mortgage ...
Mission Gateway debacle may go to trial, holding up any future plans for former mall site
The failed $268 million mixed-use project in Mission remains ensnared in court, and could stay there for a while after a ...
New Jersey had the region's greatest decline in new foreclosures in 2024, report says
New Jersey led the metro area in having the greatest decline in new foreclosures in 2024. See how each county performed.
Former owners fight to regain condemned Seven Corners site in Minneapolis
Traffic passes the window of a condemned Seven Corners building on Washington Avenue S. in Minneapolis last summer. A lender ...
Centre Square 'very likely' to be sold to satisfy $375M debt, receiver says
CBRE, Centre Square's court-appointed receiver, has filed a motion that indicates it is preparing for a sale of the 1500 Market St. office property.