Current News & Events
JPMorgan Allocates $750 Billion to Boost Housing Inventory and Homeownership
The company will also take on the chairman role with the US Chamber of Commerce’s newly formed Housing Advisory Council. Continue Reading JPMorgan Allocates $750 Billion to Boost Housing Inventory and Homeownership
Data Center Construction in June Totals $22.3 Billion
Year-to-date spending on data center construction through June reached $81.5 billion. Continue Reading Data Center Construction in June Totals $22.3 Billion
Joint Venture to Convert DC Office Property into Multifamily Community
The financial terms of the project were not disclosed. Continue Reading Joint Venture to Convert DC Office Property into Multifamily Community
New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers
The most expensive housing markets generally performed the worst in this study. Continue Reading New Orleans Leads the Nation with Greatest Share of Single Women Homebuyers
Land Gorilla Debuts X-RAY, an AI-Powered Tool for Faster Construction Loan Reviews
“Hidden issues in construction lending often jeopardize a project before the first shovel hits the ground,” said Sean Faries, CEO of Land Gorilla. Continue Reading Land Gorilla Debuts X-RAY, an AI-Powered Tool for Faster Construction Loan Reviews
National Median Asking Rent Down for 34th Straight Month
Las Vegas led the nation as the metro with the greatest level of renter loyalty. Continue Reading National Median Asking Rent Down for 34th Straight Month
A Phil Hall Op-Ed: In the Matter of Daniel Grand
The city of University Heights, Ohio, has banned Daniel Grand from inviting friends to his home for a quiet prayer gathering. Continue Reading A Phil Hall Op-Ed: In the Matter of Daniel Grand
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
“Million-dollar starter homes are popping up in more Northeast cities because the housing shortage there hasn’t been solved,” said Kara Ng, senior economist at Zillow. Continue Reading Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
NYC Council Members Ask Mamdani to Seize Private Property Adjacent to Underground Railroad Site
Mamdani’s office did not comment on the lawmakers’ letter. Continue Reading NYC Council Members Ask Mamdani to Seize Private Property Adjacent to Underground Railroad Site
Homa, an AI-Powered Homebuying Platform, Expands to Texas
Homa is a licensed brokerage designed to help buyers keep most of the buyer-side commission, typically 2% back, that would traditionally go to an agent. Continue Reading Homa, an AI-Powered Homebuying Platform, Expands to Texas
Builder Confidence Remains Weak Amid Affordability Concerns
The latest HMI survey also revealed that 35% of builders cut prices in June, up from 32% in May. Continue Reading Builder Confidence Remains Weak Amid Affordability Concerns
Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
The town of Wellesley, with a population of roughly 30,000, is arguing the 5-acre parking lot at MassBay Community College does not qualify for conversion into housing. Continue Reading Boston Suburb Sues Massachusetts to Block 180-Unit Housing Development
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