Greystar Management Services LLC has reached a $7 million settlement with nine states that sued the property management company for allegedly inflating housing costs by using rent-setting algorithms from software companies including RealPage. As part of...
Florida recorded a total of 21,191 closed sales of existing single-family homes in October, up 13.8% year-over-year, while existing condo-townhouse sales totaled 7,223, up 11.1% over the same period. According to data from Florida Realtors, single-family existing...
A total of 10,265 homes were sold in New York State during October, up 3.2% from the 9,949 homes sold one year earlier. According to data from the New York State Association of Realtors, pending home sales were up 2.9% from the 9,795 accepted offers in October 2024 to...
Pennsylvania recorded 11,174 home sales during October, up 6.4% from the 10,505 transactions recorded one year earlier. According to data from the Pennsylvania Association of Realtors, there were more than 43,600 listings in October, which reflects little change from...
A new report from the Lincoln Institute of Land Policy and the Center for Geospatial Solutions (CGS) has determined that corporate entities and investors now own 8.9% of residential parcels in 500 counties, or roughly one in 11 parcels. The report observed that...
Existing home sales in October increased by 1.2% from September, according to the National Association of Realtors (NAR). Compared to one year earlier, sales were up 1.7%. A total of 1.52 million units were part of October’s housing inventory, down 0.7% from the prior...