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...
Real estate investors bought more than one-quarter (26.1%) of lower-priced homes sold in the fourth quarter of 2023, according to new research from Redfin (NASDAQ:RDFN). This marked a new record high and an increase from the 24% share recorded one year earlier. By...
San Diego-headquartered Guild Mortgage (NYSE: GHLD) has acquired the retail lending assets of Academy Mortgage Corp., a Utah-based lender. Academy generated $5.59 billion in loan originations in 2023, and its approximately 200 branches and more than 1,000 employees –...
Illinois Home Sales and Inventory Decline While Median Price Rises
