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CoStar Group Adds AI Component to Apartments.com

CoStar Group Adds AI Component to Apartments.com

by Phil Hall | Jun 17, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

CoStar Group (NASDAQ: CSGP) has brought an artificial intelligence (AI) component to its Apartments.com platform. According to the company, the newly launched Apartments.com Ai replaces traditional filters and keyword searches with natural, real-time conversations....
Florida’s Closed and Pending Home Sales Increased in May

Florida’s Closed and Pending Home Sales Increased in May

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Florida recorded 24,915 closed sales of existing single-family homes in May, up 0.6% year-over-year, while existing condo-townhouse sales totaled 8,897, up 6.6% over May 2025. According to Florida Realtors, May marked the ninth month in a row that closed sales rose...
Single-Family Housing Starts Dropped 1.9% in May

Single-Family Housing Starts Dropped 1.9% in May

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Single-family housing starts in May were at a rate of 882,000, according to data from the US Census Bureau and the Department of Housing and Urban Development. This is 1.9% below the revised April figure of 899,000. Privately-owned housing starts in May were at a...
HUD Proposes Updating the Definition of Manufactured Home for Multistory Construction

HUD Proposes Updating the Definition of Manufactured Home for Multistory Construction

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Department of Housing and Urban Development (HUD) has published a proposed rule in the Federal Register designed to update the definition of a manufactured home and open new opportunities for multistory manufactured housing. Under the proposed rule, the new...
Joint Venture to Convert DC Office Property into Multifamily Community

Joint Venture to Convert DC Office Property into Multifamily Community

by Phil Hall | Jun 16, 2026 | Commercial Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A three-company joint venture has been formed to acquire an office property in the Georgetown neighborhood of Washington, DC, and convert it into a multifamily community. According to the companies, the redevelopment will transform two adjacent 1980s-vintage office...
New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers

New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers

by Phil Hall | Jun 16, 2026 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new study published by Mortgage Research Network has determined that affordable metros in the South, Midwest and Northeast have the highest percentage for single women buying homes. Nationwide, single women accounted for 11.4% of all home purchase loans in 2025, but...
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