Current News & Events
NYC Median Asking Rent Hits New Record High
Rent increases occurred across the city’s five boroughs. Continue Reading NYC Median Asking Rent Hits New Record High
New Data Reports Point to Mild Home Price Acceleration
Chicago, New York City and Cleveland reported the highest year-over-year gains. Continue Reading New Data Reports Point to Mild Home Price Acceleration
Mark Kenney to Step Down as CAPREIT’s Chief Executive
Kenney served in the leadership roles since November 2018. Continue Reading Mark Kenney to Step Down as CAPREIT’s Chief Executive
VendorAbuse.com Debuts Florida HOA Watchlist
The watchlist is publicly accessible and includes a comprehensive guide to homeowner rights under HB 1203. Continue Reading VendorAbuse.com Debuts Florida HOA Watchlist
HUD Revises Environmental Review Requirements for Multifamily Developments
“This is about fixing policies that have made housing expensive and difficult to build,” said HUD Secretary Scott Turner. Continue Reading HUD Revises Environmental Review Requirements for Multifamily Developments
Student Housing Development Proposed for Downtown Toronto
The proposed King & George development site is directly across from the George Brown College St. James Campus and within a half-hour of three other university campuses. Continue Reading Student Housing Development Proposed for Downtown Toronto
eXp Acquires NextHome, Shifting to a Multi-Model Platform
eXp World Holdings announced it will begin trading on the Nasdaq Global Market under the new ticker symbol “AGNT,” effective on May 8. Continue Reading eXp Acquires NextHome, Shifting to a Multi-Model Platform
California Housing Affordability at Highest Level in 4 Years
A minimum annual income of $204,800 was required to make the monthly payment of $5,120 on a 30-year fixed-rate mortgage at 6.24% in California. Continue Reading California Housing Affordability at Highest Level in 4 Years
New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
“The near-term rent growth outlook was maintained after modest first-quarter rent trends fell in line with expectations,” said Grant Montgomery, national director of multifamily analytics at CoStar Group. Continue Reading New Forecast Predicts Multifamily Vacancy Rate to Increase by Year’s End
Mortgage Rates Up for Second Straight Week
The 30-year fixed-rate mortgage averaged 6.37% as of May 7, up from last week when it averaged 6.30%. Continue Reading Mortgage Rates Up for Second Straight Week
Home Equity Rates Declined in Q1
ATTOM defined equity rich as the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market value. Continue Reading Home Equity Rates Declined in Q1
Urban Construction Accounted for 11% of New Q1 Listings
Seven metros had a majority of their new construction listings in urban ZIP Codes in the first quarter. Continue Reading Urban Construction Accounted for 11% of New Q1 Listings
Recent Posts
Reality TV Star Arrested in Florida Real Estate Fraud Scheme- Former Atlantic City Taffy Factory to Become Mixed-Use Artists Hub
- Ginnie Mae’s MBS Issuance Totaled $53.1 Billion in July
- Appeals Court Allows Mamdani to Continue Pied-à-Terre tax Rollout
- Ballot Language for Florida’s Property Tax Amendment is Rewritten
