Home prices

Willis, Texas led the list, with the most borrowers who would be likely to default if faced with sudden financial hardship.

Sales in February rose 22.8 percent from the same month in 2020. A total of 1,062 homes changed hands last month compared with 865 the previous February, according to a Maine Listings report released Monday.

Purchases of new single-family homes decreased 18.2% to a 775,000 annualized pace from an upwardly revised 948,000 rate in the prior month, government data showed Tuesday.

Contract closings decreased 6.6% from the prior month to an annualized 6.22 million from a downwardly revised 6.66 million in January, according to National Association of Realtors data released Monday.

A slower rate of appreciation looks more likely than depreciation in most markets, according to the company’s latest report.

As one of the few mortgage firms that finances singlewides, AFR’s decision to offer the product will lend momentum to major government-sponsored loan buyers’ efforts to expand their manufactured housing programs.

The gap between those that considered it a good or bad time to buy narrowed 10 percentage points in February, the tightest spread since last April, Fannie Mae found.

After the coronavirus spurred a great migration in search of literal greener pastures, homebuyers are returning to cities with the end of the pandemic in sight, according to Redfin.

With the pandemic’s radical disruption of the housing market, values grew at the highest rate in eight years, according to CoreLogic.

The number of home listings collapsed to the lowest level on record, leaving “nearly all of the shelves empty,” Glenn Kelman said in the company’s latest home sales report.