The number of renter households in the third quarter totaled a record 45.6 million, a 2.7% year-over-year increase, according to new data report from Redfin (NASDAQ: RDFN). This growth rate is three times faster than the 0.9% increase in homeowner households, which...
Just under two in five (38%) voters who cast early ballots as of Nov. 1 housing affordability impacted their presidential pick, according to a data report from Redfin (NASDAQ: RDFN). In a survey of 1,002 voters conducted on Oct. 31 and Nov. 1, 43% of respondents who...
The share of first-time homebuyers has dropped to a historic low of 24%, according to data from the National Association of Realtors (NAR). One year ago, the share was 32%. At the same time, homebuyers’ ages hit all-time highs of 56 years overall in 2024, up from 49...
The Bainbridge Companies LLC, a Wellington, Florida-based real estate firm focused on the multifamily market, has begun construction on Bainbridge Mallard Creek, a Class A community in Charlotte, North Carolina. According to the company, Bainbridge Mallard Creek will...
A pushback against offshore wind turbines, an indefinite delay on an important decision and a landmark law turns 50. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 28 to Nov. 1. Hit: The Answer is Blowin’ in the...
The delinquency rate for commercial mortgage-backed securities (CMBS) rose by 28 basis points to 5.98% in October, according to new data from Trepp Inc. Year-over-year, the overall CMBS delinquency rate is up 135 basis points from 4.63% in October 2023. Last month’s...
Hits and Misses for the Real Estate Week of June 29-July 3
