Roughly 47,000 home sale agreements fell through in April, according to a new data report from Redfin. That represents 13.4% of properties that went under contract that month and a scant decline (-0.1 percentage points) from March. April’s cancelation rate tied with...
Single-family housing starts in April were at a rate of 930,000, according to data from the US Census Bureau and Department of Housing and Urban Development. This represents a 9% drop from the revised March figure of 1.02 million. Privately-owned housing starts in...
Southern Land Company (SLC), the Nashville-headquartered real estate developer, has launched SLC Lending, an in-house mortgage division. SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home...
KB Home (NYSE: KBH) has announced its expansion into the Atlanta market with the acquisition of 110 homesites that will be the site of Whitley Meadows, a new single-home community slated to open in early 2027 in Bethlehem, Georgia. Bill Schmidt, who joined the company...
AvalonBay Communities Inc. (NYSE: AVB) and Equity Residential (NYSE: EQR) announced they are merging in an all-stock transaction. According to the companies, the new merged entity will encompass more than 180,000 rental apartments and boast a pro forma equity market...
