Sales of new single-family houses during October were at a seasonally adjusted annual rate of 610,000, according to estimates published by the U.S. Census Bureau and the Department of Housing and Urban Development. This represented a 17.3% drop from the revised...
Meta CEO Mark Zuckerberg and his wife Priscilla Chan have donated $626,000 to the nonprofit Permanently Affordable Living Hawaii to finance the creation of five homes in a workforce housing project located on a land trust on the Hawaiian island of Kauai. Kauai Now...
Our Financial Health, a financial wellness organization, has created a real estate investment trust (REIT) centered on a historic apartment building in the Harlem section of New York City. The REIT is focused on the 10-unit property at 422 St. Nicholas Avenue built in...
Guardian, a Portland-headquartered developer, owner, and operator of multifamily properties in the Pacific Northwest, has hired Josh Lloyd as chief operating officer. In his new job, Lloyd will lead the company’s property management operations, overseeing 125...
British Columbia recorded a total of 7,119 residential unit sales in October, a 33.5% spike from one year earlier. According to data from the British Columbia Real Estate Association (BCREA), last month’s total sales dollar volume was $6.9 billion, up 33.8% from...
The Federal Housing Finance Agency (FHFA) announced that the government-sponsored enterprises (GSEs) Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) has published plans to extend housing access in rural underserved markets, enhance their support for...
Inflation Just Put Mortgage Rates Back in the Crosshairs
