Current News & Events
Apartment Rents Record Slight Uptick in May
Apartment rents recorded an extremely mild 0.2% uptick in May, with the national average rising to $1,737 from April’s upwardly revised level of $1,733. According to data from Apartments.com, a CoStar Group (NASDAQ: CSGP) marketplace, May marked the sixth consecutive...
Investors Less Active in the Q1 Housing Market
Real estate investors purchased 19% of homes that sold in the first quarter, down slightly from 20% one year earlier. Continue Reading Investors Less Active in the Q1 Housing Market
Housing Starts Dropped During April
The decline in housing starts highlights growing pressure from tighter financial conditions and rising construction costs,” said NAHB’s Danushka Nanayakkara-Skillington. Continue Reading Housing Starts Dropped During April
Southern Land Company Launches In-House Mortgage Division
SLC Lending will initially launch in core markets where the parent company has established master-planned and single-family home communities. Continue Reading Southern Land Company Launches In-House Mortgage Division
KB Home Expands into Atlanta Market
Bill Schmidt, who joined the company in 2025 as division president, will lead KB Home’s operations throughout the region. Continue Reading KB Home Expands into Atlanta Market
AvalonBay Communities and Equity Residential Announce Merger
Benjamin Schall, president and chief executive officer of AvalonBay, will hold the same titles with the combined company. Continue Reading AvalonBay Communities and Equity Residential Announce Merger
New York State’s Housing Inventory Expands, But Sales Remain Down
Median sales prices enjoyed a 2.4% uptick from $420,000 in April 2025 to $430,000 last month. Continue Reading New York State’s Housing Inventory Expands, But Sales Remain Down
MRED Revokes Zillow’s Access to its Listing Data Feeds
MRED accused Zillow of “attempting to impose” its own display rules on listings marketed under MRED policies. Continue Reading MRED Revokes Zillow’s Access to its Listing Data Feeds
House Passes Revised Version of Senate’s Housing Bill
President Trump has signaled he had no problems with the changes made in the House to the bill. Continue Reading House Passes Revised Version of Senate’s Housing Bill
Shelter Lending Corp. Acquires Accepted Financial Corp.
The financial terms of the deal were not disclosed. Continue Reading Shelter Lending Corp. Acquires Accepted Financial Corp.
Barney Frank, Former Congressman and Dodd-Frank Act Co-Author, Dies at 86
In 1987, Frank became the first member of Congress to publicly self-identify as gay. Continue Reading Barney Frank, Former Congressman and Dodd-Frank Act Co-Author, Dies at 86
REMAX: New Listings Volume Outpaced Home Sales in April
The median sales price increased 1.5% year-over-year to $445,000, marking the 34th consecutive month of year-over-year price appreciation. Continue Reading REMAX: New Listings Volume Outpaced Home Sales in April
