The median home price in California reached a new record high of $908,040 in May, up by 0.4% from April and up by 8.7% one year ago, according to new data from the California Association of Realtors (CAR). This marked the second consecutive month where the median home...
Home sales in Maryland totaled 6,627 units in May, a 3.4% decline from the 6,860 sales recorded one year earlier, according to new data from Maryland Realtors. This occurred while the level of units pending (houses under contract) grew by 2.1% to 7,094 units. While...
The U.S housing shortage reached 4.5 million homes in 2022, according to a new data analysis from Zillow (NASDAQ:Z, ZG), up from 4.3 million in 2021. Zillow determined there were roughly 8.09 million “missing households” – individuals or families living...
Home prices inched up by 0.3% from April to May, according to new data from Redfin (NASDAQ:RDFN). This marked the smallest increase on a seasonally adjusted basis since January 2023. On a year-over-year basis, home prices were up by 7.2% – but Redfin insisted annual...
Mill Creek Residential, a developer, owner-operator and investment manager specializing in rental housing, has acquired Alister Sunset Valley, a garden-style apartment community in Austin. The 290-unit, three-story community was built in 1997 and was formerly known as...
U.S. Sen. J.D. Vance is arguing that “20 million illegal aliens” are preventing Americans from being able to access affordable homeownership. The Ohio Republican’s comments came on X (formerly Twitter) as a response to remarks by financial writer James Surowiecki, who...
