The numbers: An index of pending home sales increased 1.6% in August, following July’s decline, the National Association of Realtors reported Thursday. Compared with a year ago, contract signings were up 2.5%. The index captures transactions where a contract has been signed, but the home sale has not yet closed. What happened: This is only the […]
2 Years After Buying It, Ne-Yo Selling Sherman Oaks Home
R&B singer Ne-Yo is expanding his real estate game. The popular musician has placed his Sherman Oaks, CA, home on the market for $1.99 million. He purchased the place in April 2017 for approximately the same price. At the time of the home purchase, the 39-year-old hadbeen living in a six-bedroom, five-bathroom house in Georgia, where he owns multiple properties, […]
Mortgage Rates Fall Slightly, Giving the Housing Market More Room to Grow
Mortgage rates moved lower after two straight weeks of increases, which should allow the housing market to remain strong as we shift into the typically slower fall months. The 30-year fixed-rate mortgage averaged 3.64% during the week ending Sept. 26, falling nine basis points from the previous week, Freddie Mac reported Thursday. In 2019, mortgage rates have […]
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