The National Association of Home Builders (NAHB) has called on Congress to address federal regulations that is blames for exacerbating the affordable housing shortage by raising costs of construction. In testimony before a hearing of the House Small Business...
Last month, 20.5% of homes nationwide – roughly one in five – sold for above their original list price, according to new data from Redfin (NASDAQ: RDFN). This is down from a 22.8% share recorded one year earlier. Nearly two-thirds of transactions (64.2%) were closed...
Ground has been broken on a new apartment development located near Cornell University in Ithaca, New York, that will serve Cornell graduate students, university affiliates, and the greater Ithaca community. The new Theory Ithaca project is developed by PeakMade Real...
The Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) has launched the Hundred Homes Initiative, with the goal of offering $5 million in funding to move 100 households living in mobile homes constructed before June 15, 1976, into updated housing. The date was...
Baby boomers are largest generational group of homebuyers, according to the National Association of Realtors’ (NAR) 2025 Home Buyers and Sellers Generational Trends report. The combined share of younger boomers (ages 60–69) and older boomers (ages 70–78) rose to 42%...
Sunstone Two Tree, a developer and operator of rental housing communities, has acquired Terraza Hills, a 200-unit apartment property in San Diego, for $45 million or $225,000 per unit. The property was built in 1976 and still in its original condition. Sunstone Two...
