Builder confidence in the market for newly built single-family homes dropped by one point to 42 in July, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today. This marked the HMI’s lowest reading since...
Greystar, in partnership with Wire Development, has broken ground on the multifamily complex Elan Crown Point, located within the Crown Point Village mixed-use development in Ocoee, Florida. Based approximately 15 minutes west of Orlando’s Central Business...
Commercial real estate brokers representing restaurant clients might be interested to learn that Cilantro Taco Grill, the Mexican fast-casual chain, has signed agreements with six different franchise groups and an area rep agreement to open 110 units across...
In an attempt to reanimate a struggling re-election campaign that has been burdened by calls from within his party to step aside, President Biden is trying to shift his campaign’s focus to the challenges facing the housing market by calling for new federal rent...
Florida is home to six of the top 10 markets for first-time buyers, according to WalletHub’s newly published list of the Best & Worst Cities for First-Time Home Buyers in 2024. In number-crunching this year’s list, WalletHub analyzed 300 cities of varying sizes...
Nearly one-quarter of listings (24.5%) received a price cut during June, according to new data from Zillow (NASDAQ:Z, ZG). Last month’s share marked the highest rate at this time of year since Zillow began tracking this data in 2018. Zillow also noted that home value...
