A joint venture between multifamily developer Wood Partners and real estate investment manager Clarion Partners officially broke ground on Alta Metro Center in Aurora, Colorado. The 365-unit project encompasses a quartet of four-story buildings featuring a mix of...
Mortgage application activity slowed during the week ending Dec. 12, according to data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, was down by 3.8% on a seasonally adjusted basis from...
A Silicon Valley villa and an Aspen estate were the most home sales during November, according to a new report from Redfin. Aspen was home to four of the 10 most expensive home sales of November – perfect timing for ski season. The most expensive home sales of...
California home sales reached a three-year high, according to new data from the California Association of Realtors (CAR). Closed escrow sales of existing, single-family detached homes in California totaled 287,940 last month, up by 1.9% from the 282,590 sales in...
Google (NASDAG: GOOG, GOOGL) is quietly running a pilot test that puts residential listings directly into its search results. The company’s endeavor was uncovered by real estate tech consultant and blogger Mike Delprete, who noted the listings include “full property...
The median asking rent for 0–2 bedroom units fell for the 28th consecutive month on a year-over-year basis during November, according to the Realtor.com November Rental Report. The national median is now at $1,693, down $17 (or 1.0%) from last November. However, it is...
Hits and Misses for the Real Estate Week of April 6-10
