Pending home sales dropped during January, according to new data from the National Association of Realtors (NAR). The Pending Home Sales Index (PHSI), NAR’s forward-looking indicator of home sales based on contract signings, tumbled by 4.6% to 70.6 in January, an...
Carter Multifamily, a Carter Funds company, has paid $37.7 million to acquire a 166-unit garden-style multifamily community located in Melbourne, Florida. Located in the state’s Space Coast, southeast of Orlando, the property was formerly known as The Palm Bay...
A total of 1.64 million mortgages for residential properties were issued during the fourth quarter of 2024, according to new data from ATTOM. This represents a 3% drop from the third quarter, but it was also a 14% spike from the fourth quarter of 2023. ATTOM noted...
A total of 5,758 home sales were recorded last month in Virginia, a 1.8% uptick (104 more sales) from one year earlier. Virginia Realtors reports roughly half of the state’s cities and counties recorded year-over-year sales. January saw 9,431 new listings coming onto...
Sales of new single-family houses during January were at a seasonally adjusted annual rate of 657,000, according to estimates published by the US Census Bureau and the Department of Housing and Urban Development. January’s sales activity was 10.5% below the revised...
Flournoy Development Group has announced the groundbreaking of District South, its newest luxury mixed-use community in Greenville, South Carolina. District South will be located on a 21-acre site and will feature 365 multifamily units, 90 for-rent townhomes, six...
