A coalition of nonprofit and church groups is advocating the transformation of a mostly dormant New York City psychiatric hospital into a 3,000-unit income-restricted apartment complex. According to a report in The Gothamist, the Queens Power grassroots coalition is...
San Diego-based Guild Mortgage (NYSE: GHLD) has unveiled its 1% Down Payment Advantage program. Unlike the traditional 3% down payment that is the minimum required for conventional loans, the 1% Down Payment Advantage program allows homebuyers to purchase a home with...
Actor Miles Teller is touching down from his box office success with “Top Gun: Maverick” by listing his Spanish-style home in Studio City, California, for $5.7 million. According to a report in Dirt.com, the 5,505-square foot property was built in 2016 and offers five...
The former Los Angeles home where Walt Disney lived during his rise to Hollywood prominence is now available for rent at $40,000 a month. The Wall Street Journal reported the 6,388-square-foot home at 4053 Woking Way in the city’s exclusive Los Feliz community was...
A bipartisan bill has been introduced in the U.S. House of Representatives that would create a tax incentive designed to produce 500,000 starter homes over the next decade. Reps. Mike Kelly (R-PA) and Brian Higgins (D-NY) authored the Neighborhood Homes Investment...
U.S. home values grew by 1.4% from April to May, the strongest monthly appreciation since last June, according to new data from Zillow Group (NASDAQ:Z, ZG). The home value as of May was $346,856, up 0.9% year-over-year. Zillow Senior Economist Jeff Tucker noted the...
Hits and Misses for the Real Estate Week of May 11-15
