More than one-third (34.2%) of home sellers lowered their listing price during February, according to a new data report from Redfin. This marked the highest February share in records dating back to 2012. One year ago, 31.5% of sellers reduced their prices. Sellers who...
The average single-family home, with an estimated value of $494,231, generated $4,427 in taxes during 2025, a 3% year-year-over increase, according to new data from ATTOM. Last year, $396.8 billion in property taxes were levied on more than 89.6 million single-family...
Lincoln Avenue Communities (LAC), an acquirer and developer of affordable housing, broke ground on Landmark on Scioto, a new 321-unit affordable housing community in Columbus, Ohio. The 44.5-acre build-to-rent development is LAC’s first ground-up construction...
There are affluent neighborhoods, then there are very wealthy neighborhoods, and then there is a Cape Cod locality where nearly all active listings carry prices starting in the seven-digit range. According to data from Realtor.com, Nantucket, Massachusetts, has the...
META Development has broken ground on OPUS Coconut Grove, its new boutique luxury residence in Miami. OPUS encompasses 12 residences and two penthouses that residences begin at approximately 1,900 square feet, with expansive layouts and corner units featuring...
Mortgage application activity slowed during the week ending April 3, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, dipped by 0.8% on a seasonally adjusted basis from...
Hits and Misses for the Real Estate Week of June 8-12
