The typical US home value during January was $358,968, according to data from Zillow (NASDAQ: Z, ZG). This marked a 0.4% drop from December, as well as a 0.2% uptick from January 2024. January marked the sixth consecutive month that home values were down on...
Champion Homes Inc., the Troy, Michigan-based producer of factory-built housing, announced the opening of Blythe Village, an affordable, offsite-built community in Fresno, Calif. Built in partnership with developer Ted Moon, the 67-unit, build-to-rent multifamily...
The recent snowstorms that disrupted the nation are being blamed for hampering mortgage application activity during the week ending Jan. 30. “Winter Storm Fern likely had an impact as much of the country was snowed in, hampering homebuying activity,” said Joel Kan,...
A cohort of major homebuilders are reportedly working on a proposal to create one million “Trump Homes” as part of a new program to accommodate first-time buyers. According to a Bloomberg report based on input from unnamed “sources familiar with the proposal,” the...
The Walt Disney Company (NYSE: DIS) announced that Josh D’Amaro will become CEO on March 18, succeeding Bob Iger. D’Amaro, who is also joining the board of directors, has served as chairman of the Disney Experiences segment since 2020, where he oversees 12 theme parks...
The median luxury home sale price reached $1.31 million in December, a 4.6% year-over-year increase, according to a new report from Redfin. By comparison, non-luxury prices rose 1.4% over the same period to $375,000, marking the slowest growth in records dating back...
Federal Reserve Maintains Rate Range
