Ahead of tonight’s State of the Union address by President Trump, Senate Democrats put forth a proposal that rivals Trump’s call to restrict institutional investors and corporations from buying up single-family homes. Last month, Trump signed an executive order...
Nearly 40,000 home sale agreements in January, or 13.7% of homes that went under contract, were canceled. According to data from Redfin, that share is up from 13.1% one year before and marked the highest January share in records dating back to 2017. Redfin attributed...
A total of 5,881 homes were sold in Virginia during January, a 2.1% increase from the 5,758 transactions recorded one year earlier. According to the Virginia Association of Realtors (VAR), pending sales last month surged 14.4% to 6,723 deals, compared to the 5,879...
Multifamily developer Wood Partners has broken ground on Alta Timberline, a 204-unit luxury community in the Houston suburb of Tomball, Texas. Alta Timberline encompasses seven three-story buildings featuring a mix of one-, two- and three-bedroom layouts, plus...
Homebuilder Lennar Corp. (NYSE: LEN) has announced the grand opening celebration of Cedar Springs, a new single-family home community in Trinity, Alabama. Cedar Springs offers five home designs, with single- and two-story homes ranging from 1,248 to 2,065 square feet...
A Colonial Era estate in New Jersey that hosted Revolutionary War leaders including George Washington and the Marquis de Lafayette has been listed for sale at $4 million. NJ.com reports the 47-acre property features a 11,500-square-foot mansion known as Lansdown. The...