A ribbon cutting ceremony was held last Thursday to celebrate the opening of the housing and public space components at phase one of Bronx Point, a $349 million mixed-use development on the Harlem River waterfront in New York City’s South Bronx. The event marked the...
Roughly 53,000 home purchase agreements were canceled in September, equal to 16.3% of homes that went under contract that month, according to new data from Redfin (NASDAQ:RDFN). This represents the highest percentage of cancelations since October 2022, when mortgage...
Median asking rents in the 50 largest metros dropped 0.7% year-over-year last month to $1,747, according to new data from Realtor.com. September marked the fifth consecutive month of rent price declines. The median rent on a studio unit was $1,447 in September, while...
Zillow Group (NASDAQ:Z, ZG) has unveiled an updated design of the for-sale property listings on its website and app. According to the Seattle-based company, the new design presents a wider, single-scroll format designed to make it easier for home shoppers to find...
The eviction of a Chinese-owned agtech company from Arkansas farmland, a Fed officer who acknowledged the central bank’s negative impact on housing and a big ball of fun on the Las Vegas Strip. From the wild and wooly world of real estate, here are the hits and misses...
The median price of homes sold in Texas during the third quarter was $340,000, a 1.5% tumble from $345,000 one year earlier, according to new data from Texas Realtors. There were 87,877 closed home sales in Texas during the third quarter, a 9.8% year-over-year decline...
Hits and Misses for the Real Estate Week of June 15-19
