Closed escrow sales of existing, single-family detached homes in California reached a seasonally adjusted annualized rate of 274,820 in February, according to data released by the California Association of Realtors (CAR). Last month’s sales were up by 7% from 256,910...
Neighborhood Ventures, a Phoenix-headquartered multifamily real estate operator and investment firm, has acquired Venture on 16th, an 86-unit multifamily community located in the Biltmore District of Uptown Phoenix for $19.5 million. The property was acquired in a...
Pending home sales in February increased by 1.8% from the prior month but declined 0.8% from one year earlier, according to data from the National Association of Realtors (NAR). Month-over-month pending home sales rose in the Midwest, South and West, and declined in...
HomeServices of America, a division of Berkshire Hathaway (NYSE: BRK), has partnered with Zillow Group (NASDAQ: Z, ZG) on an initiative that enables agents to market their listings earlier on Zillow and Trulia. According to the companies, eligible “coming soon”...
A new initiative has begun to push for the eradication of property taxes in South Dakota. KOTA reports Abolish Property Taxes South Dakota is circulating a petition that will create a ballot referendum designed to end property taxes in the state. The group will need...
Trophy Signature Homes, a subsidiary of Green Brick Partners Inc. (NYSE: GRBK), has announced the development of Nicholson Ranch, a new 1,635-lot master-planned community in the Dallas suburb of Lavon, Texas. Trophy will offer three of its home collections in the...
