Trident Development has begun construction on Orchard Place Apartments, a new apartment community in Apple Valley, Minnesota, within the Twin Cities metro area. According to the company, the new development will feature 135 market rate apartments within one four-story...
Single-family mortgage origination volume is expected to increase from $2 trillion in 2025 to $2.2 trillion in 2026, according to a new forecast from the Mortgage Bankers Association (MBA). The trade group is also predicting purchase originations will increase 7.7% to...
Only one-quarter of homes sold in September (25.3%) went for more than their final list price, according to data from Redfin. That share is down from 28.5% one year earlier and marked the lowest September level in six years. September’s average sale-to-list-price...
The typical down payment in during the third quarter was $30,400, according to a new data report from Realtor.com. That sum is roughly $500 higher than the second quarter’s level and nearly unchanged from one year earlier. During the third quarter, the average down...
Positive data on rental housing costs, a new threat to close the CFPB, and California’s housing market shows signs of vitality. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Oct. 13-17. Hit: Some Rent Relief. A new data...
The homebuilder Lennar Corp. (NYSE: LEN) has begun sales at River Bridge Ranch, a new community in San Marcos, Texas. The development encompasses 28 single-family homes featuring one- and two-story open concept floorplans. Homes range from 1,200 to 2,780 square feet,...
