Maine’s housing market enjoyed a spring thaw, with 983 home sales in April. That marked a 3.36% increase from the 951 sales recorded one year before. According to the Maine Association of Realtors, the median sales price statewide increased 2.72% to $410,865 from the...
Blackstone (NYSE: BX) announced that its Blackstone Real Estate Debt Strategies (BREDS) subsidiary launched a lending platform for homebuilders that is designed to enable the construction of over 50,000 for-sale homes annually. The new lending platform is supported by...
Existing home sales during increased squeaked up by 0.2% from March, according to the National Association of Realtors (NAR). There was no change from the volume of sales recorded one year earlier. Month-over-month sales increased in the Midwest and the South, were...
Redfin announced the US debut of Sunscore, a property-level score that informs prospective buyers how much natural light a residential property receives. The launch marks an exclusive US partnership with the Austrian company Shadowmap, which developed Sunscore’s...
The National Association of Home Builders (NAHB) has rolled out the State Projections of Remodeling (SPR), a new platform that will present quarterly analysis of remodeling activity for each state based on total dollar volume, market share and change in remodeling...
New listings on the rise, New York City’s mayor shoots his mouth off (twice), and the late Ted Turner’s property portfolio. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 4-8. Hit: A Wider Inventory. New listings totaled...
Hits and Misses for the Real Estate Week of June 8-12
