National asking rents in February posted their first increase in over seven months, according to the latest Yardi Matrix National Multifamily Report. The report found the average U.S. asking rent rose by $1 to $1,713 last month, a slight 0.6% year-over-year uptick....
Mortgage application activity was up again in the latest data published by the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.1% on a seasonally adjusted basis for the week ended March...
Recording superstar Rihanna has listed her Los Angeles penthouse, which was once owned by the late actor Matthew Perry, for $24.95 million. According to The Robb Report, the property takes up the entire 40th floor of the 42-story Century building in Century City. The...
Realtor.com has added three new climate risk factor scores to its website that address heat, wind and air quality concerns within the home buying and selling process. The new scores, which use data provided by the climate technology company First Street, include Heat...
Dr. E.J. Antoni is a public finance economist at The Heritage Foundation. This article is edited and adapted from prepared remarks delivered today before the U.S. Senate Committee on Banking, Housing and Urban Affairs. Over the last three years, prices have risen...
Texas home sales were down by 11% during 2023, with 327,921 in total sales. According to Texas Realtors, this is the lowest sales level since 2016. The statewide median price for $335,100 was 2023, a 1.4% drop from the previous year, although more Texas metros saw...