The real estate investment trust BXP (NYSE: BXP) has entered into a joint venture with CrossHarbor Capital and Albanese Organization to develop 290 Coles Street, a full-block, 1.75-acre site in Jersey City, New Jersey, that will be developed into a 670-unit...
Real estate investors purchased 47,004 homes in the fourth quarter, according to new data from Redfin (NASDAQ: RDFN). This was a 3.9% year-over-year drop – the biggest decline in a year – and marked the lowest level for that time of year since 2016. Real estate...
Today’s guest column is by Emily Hamilton, a senior research fellow at the Mercatus Center at George Mason University. This article is adapted and edited from testimony delivered this week before the Subcommittee on Housing and Insurance of the US House...
A new data analysis of 2024 home selling by Zillow (NASDAQ: Z, ZG) found that properties listed in the last two weeks of May sold for 1.6% more, a $5,600 boost on a typical home. Zillow attributed this bump to the traditional peak in search activity ahead of Memorial...
Multifamily developer Alpha Residential announced plans for a 352-unit residential community in the Pittsburgh suburb of Moon Township, Pennsylvania. According to the company, the development will be located 13 miles from downtown Pittsburgh and feature 300 one- and...
Mortgage application activity soared for the week ending Feb. 28 thanks largely to corybantic refinance activity, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume,...
