It has become more affordable to rent a home than buying a residence in the top 50 U.S. metros, according to the latest Realtor.com Rental Report. During February, the cost of buying a starter home in the top 50 metros was $1,027 (60.1%) higher than renting one – in...
The typical U.S. household is still unable to afford a median-priced home, although some progress has been made. According to new data from Redfin (NASDAQ:RDFN) that analyzed the February housing market, buyers needed to earn an annual income of $113,520 to afford the...
Two new housing data reports affirmed home pricing began 2024 on the rise. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index reported a 6.0% annual gain in January, up from a 5.6% rise in the previous month. The 10-City Composite showed an increase...
The homebuilder Meritage Homes and Trophy Signature Homes, a subsidiary of Green Brick Partners Inc. (NYSE: GRBK), have unveiled Riviera Pines, a new development in the Houston suburb of Huffman, Texas. The development will encompass 20 residential lots, with one- and...
A Phil Hall Op-Ed: Ever since the National Association of Realtors (NAR) announced its $418 million settlement to settle the charges raised in the Sitzer/Burnett case, there has been a flood of bizarre articles, interviews and opinion pieces in the mainstream media...
Alosant, a Bozeman, Montana-based proptech, announced the upcoming introduction of the Alosant Home Buyer Experience, a consumer-focused product described as “filling a void in the real estate market by humanizing the entire home buying journey.” According to the...
Hits and Misses for the Real Estate Week of June 22-26
