The median asking price for rental housing was $1,995 in May, a 0.6% year-over-year decline, according to new data from Redfin (NASDAQ:RDFN). This marked the largest annual decline since March 2020, the first annual decline since March 2020 and a significant shift...
Migration patterns by baby boomers and millennials during the first quarter of this year had little in common, according to data released by Bank of America (NYSE:BAC). During the first three months of 2023, Las Vegas, Phoenix, Tampa and Orlando were among the most...
The FBI arrested the real estate developer at the center of the scandal that resulted in the impeachment of Texas Attorney General Ken Paxton. The Associated Press reported that Nate Paul, the president and CEO of World Class Capital Group, was arrested yesterday...
Iconic architect Frank Gehry has announced the official start of construction on Forma, the high-rise residential towers in his birthplace city of Toronto. Located at 266 and 276 King Street West in the center of Toronto’s entertainment district, Forma will offer...
Mortgage rates went into minor decline after three weeks in ascension, according to the latest Primary Mortgage Market Survey from Freddie Mac (OTC:FMCC). The 30-year fixed-rate mortgage averaged 6.71% as of June 8, down from last week when it averaged 6.79%. A year...
A total of 35,196 U.S. properties carried foreclosure filings in May, according to new data from ATTOM. This represents a 7% increase from April and a 14% spike from May 2022. Nationwide, one in every 3,967 housing units had a foreclosure filing last month. The states...
Hits and Misses for the Real Estate Week of Aug. 24-28
