Just under two in five (38%) voters who cast early ballots as of Nov. 1 housing affordability impacted their presidential pick, according to a data report from Redfin (NASDAQ: RDFN). In a survey of 1,002 voters conducted on Oct. 31 and Nov. 1, 43% of respondents who...
The share of first-time homebuyers has dropped to a historic low of 24%, according to data from the National Association of Realtors (NAR). One year ago, the share was 32%. At the same time, homebuyers’ ages hit all-time highs of 56 years overall in 2024, up from 49...
The Bainbridge Companies LLC, a Wellington, Florida-based real estate firm focused on the multifamily market, has begun construction on Bainbridge Mallard Creek, a Class A community in Charlotte, North Carolina. According to the company, Bainbridge Mallard Creek will...
A pushback against offshore wind turbines, an indefinite delay on an important decision and a landmark law turns 50. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 28 to Nov. 1. Hit: The Answer is Blowin’ in the...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 28 basis points to 5.98% in October, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 135 basis points from 4.63% in October 2023. Last month’s...
While Manhattan is usually the center of New York City’s luxury real estate market, a mansion on Staten Island is now in the spotlight thanks to its historic listing price and colorful history. Mansion Global reported the luxury residence built in 1980 as the home for...
