Disappointing housing and personal finance data reports, an unlikely business enjoying property tax breaks and a land transfer that rights a historic wrong. From the wild and wooly world of real estate, here are our Hits and Misses for the week of June 17-21. Miss:...
Florida recorded 26,252 closed sales of existing single-family homes statewide in May, down by a slight 0.5% year-over-year, while existing condo-townhouse sales totaled 10,415, a more substantial year-over-year decline of 8.6%, according to data from Florida...
One month after New York State recorded a rare uptick in home sales, the market returned to its long-running decline in transactions. According to data from the New York State Association of Realtors, closed sales during May were down by 4.1%, from 8,826 homes in May...
Existing home sales dipped by 0.7% in May to a seasonally adjusted annual rate of 4.11 million, according to new data from the National Association of Realtors (NAR). Sales were down 2.8% from the 4.23 million recorded in May 2023. As the sales level slipped, prices...
Cityview, a multifamily investment management and development firm, has acquired Tralee Village Apartments in the Bay Area city of Dublin, California. The financial terms of the deal were not disclosed. Built in 2011, Tralee Village Apartments encompasses two...
Affordability issues for homeowners and renters are creating an economic crisis that is not being easily solved with new construction, according to “The State of the Nation’s Housing 2024” report published by the Joint Center for Housing Studies of Harvard University....
Hits and Misses for the Real Estate Week of April 27-May 1
