Phoenix, Tampa and Atlanta are seeing some of the highest inflation rates in the country as the areas attract a surge of homebuyers, according to Redfin.
Redfin deputy chief economist Taylor Marr said inflation, which surged 8.5% over the past year, is “having an especially big impact in places like Tampa and Phoenix, which are attracting the most new residents and seeing double-digit increases in prices overall and even bigger increases in housing costs.”
On an annual basis, rent growth eased slightly to 0.4% in March, down from 0.5% in February and from 1.5% one year earlier. Continue Reading Apartment Rents Up Slightly in March
CJ Townhomes will be rebranded as The Sonoran Townhomes. Continue Reading Canopy Real Estate Partners Pays $13.39 Million for 36-Unit Phoenix-Area Multifamily Community
Roughly half of the nation’s housing stock was built in the 1980s and earlier, with slightly more than one-third built before 1970. Continue Reading A Phil Hall Op-Ed: In Search of New Homes
FHFA Director Bill Pulte did not offer a public comment on the price increases. Continue Reading New Data Reports Find Cooling but Continued Home Price Gains
“We don’t have a set deadline, but I am confident that sometime this spring/summer, we’ll know,” said Bears President Kevin Warren. Continue Reading Chicago Bears Give Illinois Lawmakers More Time to Resolve Obstacles for a New Stadium
The townhomes offer two-story, open-concept floor plans ranging from 1,343 to 1,392 square feet with three bedrooms and two baths. Continue Reading Lennar to Open 3 New Townhome Communities in Southwest Florida
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