Even with modest improvements in mortgage rates, housing affordability, and inventory, buyers still remain hesitant.
Genting Malaysia announced components of the bond sale deal on Aug. 15.
The Westchester Industrial Portfolio is situated in infill locations and are strategically located properties that benefit from significant barriers to entry, limited new supply and connectivity to major New York transportation infrastructure.
Even with modest improvements in mortgage rates, housing affordability, and inventory, buyers still remain hesitant.
The Westchester Industrial Portfolio is situated in infill locations and are strategically located properties that benefit from significant barriers to entry, limited new supply and connectivity to major New York transportation infrastructure.
The developer, Buena Vista Group LLC, will receive a sales tax exemption of $1,819,375 and a mortgage tax recording exemption of $849,224.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.69% from 6.68%.
As interest rates begin to ease and market participants adjust expectations, conditions for a healthier, more balanced market may gradually emerge.
The new facility will include 14 regulation-size pickleball courts.
While wages have risen 15.7% in the same time frame, they haven't kept pace with borrowing costs.
In July, inventory saw small gains in some counties, but the market is still tight overall.
The ever-so-slight improvement in housing affordability is inching up home sales.
The MSMX plan will also support the garment and fashion industries with a $50-million investment to develop permanent space for the industry…
Despite the dip in closings, prices continued to rise: the median sales price for single-family homes jumped 7.3% to $775,000.
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