Baton Rouge Real Estate News
Baton Rouge
Typical U.S. Home Selling Less Than List Price in June
National property broker Redfin is reporting that the typical U.S. home that sold during the four weeks ending June 23, 2024, sold for 0.3% less than its asking price.
U.S. Pending Home Sales Fall to All-time Low in May
According to the National Association of Realtors, U.S. Pending home sales in May slipped 2.1 percent. The Midwest and South posted monthly losses in transactions while the Northeast and West recorded gains. Year-over-year, all U.S. regions registered reductions.
Home Sales in U.S. Dip for Third Consecutive Month in May
According to the National Association of Realtors, U.S. existing-home sales dipped in May 2024 as the median sales price climbed to a record high.
Total U.S. Commercial Mortgage Debt Rises to $4.7 Trillion in Q1
Based on the Mortgage Bankers Association's latest Commercial / Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial and multifamily mortgage debt outstanding in the U.S. increased by $40.1 billion (0.9 percent) in the first quarter of 2024.
