Only 15.5% of homes for sale in 2023 were affordable for the typical U.S. household, according to new data from Redfin (NASDAQ:RDFN). This presents a drop from 20.7 in 2022 for a new record low; prior to the pandemic, more than 40% of homes were affordable. Redfin...
A super-tall apartment complex for Oklahoma City, bad news for California’s housing market and a historic lovers’ rendezvous for sale. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Dec. 18-22. Hit: Thinking Big....
Camber Property Group, a developer of affordable housing complexes in New York City, has announced updates on two of its ongoing projects. The company kicked off the first two phases of a $1 billion mixed-use 100% affordable development known as Stevenson Square in...
Sales of new single‐family houses in November were at a seasonally adjusted annual rate of 590,000, according to estimates from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. This marked a 12.2% drop from the revised October rate of...
Homebuyers looking for property in the Empire State found themselves facing a historic residential drought last month, according to data from the New York State Association of Realtors (NYSAR). The state’s inventory of homes for sale plummeted to an all-time low of...
The median sales price of homes in Pennsylvania inched up slightly last month amid continued shrinkage in available properties, according to data from the Pennsylvania Association of Realtors (PAR). Last month, the median sales price in the Keystone State was...
