Two new data reports have reaffirmed the continued acceleration of home prices. The national required household income to purchase the median priced home rose to $116,000 in April, after accounting for the cost of tax and insurance, according to new data from...
A Florida home for sale has gained an abnormally high level of attention on social media thanks to an unlikely feature: a dungeon-type basement hidden behind an iron-barred door. The Orlando Weekly reported the home at 18785 NW 240th St. in High Springs became a...
The Federal Housing Finance Agency (FHFA) and the Department of Housing and Urban Development (HUD) have published their new Reconsideration of Value (ROV) policies to address concerns raised by potential disparities in residential property appraisals. An ROV is a...
The Naftali Group, a Manhattan-based developer, is partnering with the investment firm Access Industries on Williamsburg Wharf, a Brooklyn waterfront development consisting of five 22-story residential towers encompassing 850 condominium units. The new development is...
Realtex Inc., a San Francisco-based multifamily real estate investment company, has launched a new seed fund aimed at capitalizing on midsized value-add U.S. multifamily opportunities. The fund will focus on acquiring and enhancing multifamily properties ranging from...
Mortgage demand weakened last week, according to the latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 2.3% on a seasonally adjusted basis from one week earlier; the...
Hits and Misses for the Real Estate Week of April 27-May 1
