Builder confidence in the market for newly built single-family homes was up slightly this month, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The April HMI registered as 40, up one point from March; any number...
Mortgage application activity slowed for the week ending April 11, according to data from the Mortgage Bankers Association. The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 8.5% on a seasonally adjusted basis from one week...
With rent payments soaking up to as much as one-third of median income in some areas, WalletHub is now offering its study “Cities with the Most Affordable Rent” to detail which metro areas enable renters to keep more of the earnings. The data analysis of more than 180...
Security Properties, in partnership with RGA ReCap Inc. on behalf of Reinsurance Group of America Inc., has acquired Seattle’s 100-unit property Henry Apartments for $34.7 million. Henry Apartments was built in 2017, and Security Properties is planning a targeted...
Placemakr, a flexible-use hospitality and multifamily operator, has launched of its first Utah property in Salt Lake City. Placemakr Salt Lake City at Brix will offer 100 studio, one, and two-bedroom units available for residential leasing and 45 fully furnished...
Redfin (NASDAQ: RDFN) has followed the example set by Zillow (NASDAQ: Z, ZG) in prohibiting some private listings on its platform. Glenn Kelman, the company’s CEO, announced the policy shift in a blog posting where he declared, “Because we believe that all buyers...
