A total of 22,021 homes went under contract in March across the Mid-Atlantic market serviced by Bright MLS, which reflects a 39.5% month-over-month upswing. On a year-over-year basis, pending sales were up 2.8%. There were 24,654 new listings coming onto the market...
Blackstone (NYSE: BX) has acquired a 95% stake in an industrial portfolio developed by Crow Holdings for $718 million. Crow Holdings and its partners will retain 5% ownership. The portfolio consists of 25 Class A buildings totaling 6 million square feet and is...
The Austin division of homebuilder DR Horton (NYSE: DHI) is now pre-selling its newest community, Railhead, in Cedar Creek, Texas. Railhead features one-story floorplans with up to five bedrooms, three bathrooms and three-car garages. Homes range from 1,655 to 2,430...
Terreno Realty Corporation (NYSE:TRNO) has acquired an industrial property in Redmond, Washington, for approximately $9.3 million. The 1.5-acre property consists of one industrial distribution building containing approximately 33,000 square feet with two dock-high and...
SmartRent Inc. (NYSE: SMRT), the Scottsdale, Arizona-headquartered provider of smart communities and smart operations solutions for the rental housing industry, announced the resignation of Shane Paladin as president, CEO and a director. Paladin was named to the...
The 30-year fixed-rate mortgage averaged 6.62% as of April 10, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). This is down from last week when it averaged 6.64%. “The average 30-year fixed-rate mortgage continues to...
