Existing home sales jumped 4.2% from January to February, reaching a seasonally adjusted annual rate of 4.26 million in February. According to data from the National Association of Realtors (NAR), year-over-year sales were down by 1.2% from 4.31 million in February...
A total of 297,885 single-family homes and condos were flipped in 2024, according to data from ATTOM. This is a 7.7% decline from the 322,782 flips in 2023 and a 32.4% from a recent peak of nearly 441,000 reached in 2022. Only 7.6% of home sales in 2024 were flips,...
Shopoff Realty Investments has acquired a 13.75-acre industrial property in Buena Park, California, that it plans to turn into a residential development. The company announced that $49 million in acquisition financing for the project was secured with support from JLL...
The trend of declining rents could be reversed due to low multifamily permitting in the nation’s top 50 metros, according to a data analysis from Realtor.com. Within the top 50 metros, 294,000 multifamily units were permitted in 2024, which Realtor.com said was below...
Home sales during February were up by 8.4% from January, according to data from RE/MAX Holdings (NYSE: RMAX). This represents roughly half of the month-to-month average sales increases seen in the previous two Februarys. Compared to the same period last year, sales...
The homebuilder Lennar Corp. (NYSE:LEN) is now selling new single-family homes at Caldwell Lakes, a community based in Dallas. Caldwell Lakes offers new home designs from Lennar’s Classic collection, with floorplans encompassing three- and four-bedroom and...
