Single‐family housing starts in January were at a rate of 1.004 million, according to new data from the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.7% below the revised December figure of 1.054 million. Privately‐owned housing...
Two months after he jacked up the listing price of his Beverly Hills mansion from $70 million to $80 million, British music icon Rod Stewart cut the asking price to $72 million. Mansion Global reported the 33,000-square-foot property was first listed last June. When...
The Build-to-Rent developer Christopher Todd Communities has announced plans to open regional offices in Florida, Texas and Utah to support the creation of new luxury rental home communities. The first new office has opened in Boca Raton, Florida, and will focus on...
Mortgage rates were back on the rise, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.77% as of Feb. 15, up from last week when it averaged 6.64%. A year ago at this time, it...
AirDNA, an online resource that tracks the performance data of Airbnb & Vrbo vacation rentals, has announced its’ list of the best places for real estate investors to acquire short-term rentals. Columbus, Georgia, topped the list, with AirDNA citing “its...
Builder confidence in the market for newly built single-family homes climbed four points to 48 in February, according to the National Association of Home Builders (NAHB)/Wells Fargo (NYSE:WFC) Housing Market Index (HMI). This marks the HMI’s highest level since last...
