The national housing deficit remained at 4.7 million units in 2024, rising by just 43,000 homes, according to a new Zillow report based on US Census Bureau data. Zillow attributed the steady deficit level to a homebuilding boom that increased the total number of...
Canadian home sales in June edged up by 0.5% month-over-month and by 0.9% year-over-year, according to data from the Canadian Real Estate Association (CREA). This occurred as new listings fell back 1.3% on a month-over-month basis, marking a second straight decline....
A pair of new data reports from the Mortgage Bankers Association (MBA) found mortgage application activity and mortgage credit availability in decline. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.7% on a seasonally...
Melanie S. Thompson, a former executive director of Georgia’s Hinesville Housing Authority (HHA), and another individual have been indicted on multiple counts of wire fraud and conspiracy to commit wire fraud. Beginning as early as September 2019 and continuing...
Samara, a Redwood City, California-based homebuilder known for its Backyard ADU, has introduced Locale by Samara, the company’s expansion into single-family real estate. The company stated that it will now design and build small infill developments consisting of...