New York State’s housing inventory dropped to a historic low while home sales and prices increased. According to date from the New York State Association of Realtors, housing inventory fell 2.6% year-over-year in December to 23,198, the lowest number of homes for sale...
A Connecticut lawmaker is considering introducing legislation that would create a registry for many residential landlords and a temporary rent cap when multifamily properties change ownership. CTInsider.com reports State Rep. Antonio Felipe (D-Bridgeport), the...
Sweden’s EQT Real Estate announced that its EQT Exeter Logistics Value Fund IV will acquire a 12-buildling logistics assemblage in the Northern Italian submarkets of Milan and Verona for roughly $248 million The properties hold an average building age of 10 years and...
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Jan. 20-24. Miss: Ghosts on the Loose. Nicholas...
Florida closed 2024 with 252,688 closed sales of existing single-family homes, down 1.9% compared to the 2023 year-end level, according to data from Florida Realtors. For existing condo-townhouses, a total of 94,380 units sold statewide last year, down 10.5% compared...
A new forecast by the Associated Builders and Contractors (ABC) is estimating that an estimated 439,000 net new workers are needed this year to meet anticipated demand for construction services. The forecast also predicted the construction industry will need to bring...