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New Real Estate Alliance will Put $1 Billion into Vertical Farm Development

New Real Estate Alliance will Put $1 Billion into Vertical Farm Development

by Rick Grant | Feb 21, 2023 | Industry Updates, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

The Monthly Dividend Company and Plenty Unlimited Inc. have entered into a strategic real estate alliance to support the development of Plenty’s indoor vertical farms. Under the terms of the agreement, Realty Income will acquire and provide development funding...
Prices for single-family homes are falling in these cities

Prices for single-family homes are falling in these cities

by Third Party | Feb 21, 2023 | Industry Updates, U.S. Housing Market

Source: CNN Business —  Home prices are going up across the country — in aggregate. Looking at individual markets, however, some are showing prices have fallen from a year ago. Single-family median home prices increased 4% in the fourth quarter from a year ago...
Will your city favor buyers or sellers? Real estate report makes predictions for 2023

Will your city favor buyers or sellers? Real estate report makes predictions for 2023

by Third Party | Feb 21, 2023 | Real Estate News, U.S. Housing Market

Source: The Hill —  (NEXSTAR) – The days of 40-person bidding wars and offers that are six figures over asking may be over, according a recent analysis of the 2023 real estate market. The national median home price rose 17.6% in 2021, then another 10% in 2022....
HUD and State of Louisiana Reach Agreement to Free 3,300 Louisianans from Road Home Repayment Obligations

HUD and State of Louisiana Reach Agreement to Free 3,300 Louisianans from Road Home Repayment Obligations

by Rick Grant | Feb 20, 2023 | Industry Updates, Real Estate News, U.S. Housing Market

HUD Secretary Marcia L. Fudge was in New Orleans, Louisiana last week to announce the closure of the Road Home program, which she said will free 3,300 Louisianans from repayment obligations. With the State’s compliance with HUD’s corrective action, the State will...
Tennessee Housing Association Launches Virtual Marketplace for Manufactured Housing

Tennessee Housing Association Launches Virtual Marketplace for Manufactured Housing

by Rick Grant | Feb 20, 2023 | Industry Updates, Real Estate Agent Tools, U.S. Housing Market

The Tennessee Housing Association (THA) has launched an online virtual marketplace of factory-built homes available in Tennessee. The consumer platform allows Tennessee homebuyers to browse, select, tour, and shop Tennessee manufactured homes and modular homes for...
Sales of New York Real Estate Down in January, But Prices Up Slightly

Sales of New York Real Estate Down in January, But Prices Up Slightly

by Rick Grant | Feb 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market

The median closed sales price for real estate sold in the region from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains increased by 0.90% in January to $575,000, up from $570,000 in December 2022, according to OneKey MLS. Between...
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