Foreign buyers purchased $53.3 billion worth of U.S. existing homes during the period from April 2022 through March 2023, according to new data from the National Association of Realtors (NAR). This represented a 9.6% decline from the 12-month period one year earlier....
A total of $480.1 billion in new mortgages were originated in 2022 for apartment buildings with five or more units, according to new data from the Mortgage Bankers Association. This represents a 1% year-over-year decline. Last year’s total was generated by 2,242...
A Phil Hall Op-Ed: One of the major stumbling blocks in today’s housing market is the abnormally low inventory of existing homes listed for sale. The absence of these properties is hardly mysterious – why would anyone voluntarily move out of a secure residence and go...
The Los Angeles mansion that was the home to Howard Hughes during his rise to prominence as an aviation industry executive and Hollywood filmmaker has been listed for sale at $23 million. The 0.69-acre property is adjacent to the Wilshire Country Club’s eighth hole,...
New York Gov. Kathy Hochul announced a deal between the state and developers to build 5 World Trade Center, which will be the sole residential property within the 16-acre redevelopment project in lower Manhattan. The 900-foot-tall property will be constructed on the...
The majority of American adults are living in households with one or more people, according to a new study published by LendingClub Corp. (NYSE: LC) in partnership with PYMNTS. In a poll of 4,602 adults conducted last month, 86% of respondents said they were living...
Mississippi Real Estate Agent Identified as Angry Man Berating Young Father…
