Sales of new single-family houses in September were at a seasonally adjusted annual rate of 738,000, according to estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 4.1% above the revised August rate of 709,000...
The Biden-Harris proposal for rent caps seems to be resonating, as a new survey from Redfin (NASDAQ:RDFN) found nearly four of every five respondents agreeing there should be caps on the amount landlords are allowed to increase rent. The survey was conducted by Ipsos...
The membership of the Canadian Real Estate Association’s (CREA) has voted to transition Realtor.ca into a for-profit subsidiary of the organization. Realtor.ca holds a 50% market share in Canada. According to CREA, Realtor.ca will now be able to pursue new revenue...
Nearly half (48.3%) of mortgaged residential properties were considered equity-rich in the third quarter, according to new data report from ATTOM. This is down from the recent peak of 49.2% in the second quarter but also up from 47.4% from one year earlier....
BSI Financial Services, an Irving, Texas-headquartered mortgage fintech platform, has launched Portfolio Guardian, an artificial intelligence (AI)-driven predictor model designed to calculate the likelihood of whether a borrower will refinance their mortgage within...
Arthrotó, a provider of sustainable prefabricated building solutions in Canada, has partnered with Switzerland’s Riva Hospitality Group to develop eco-friendly boutique hotels and resorts in the US and Canada. Arthrotó has committed to constructing hotels that...
Hits and Misses for the Real Estate Week of May 11-15
