Real Estate News & Insights
NYC Personal Trainer Indicted in Rental Housing Scam
Jerry Genesis was previously indicted last February for a refund scam involving 10 victims tied to his personal training business. Continue Reading NYC Personal Trainer Indicted in Rental Housing Scam
Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
The project encompasses a quartet of four-story buildings featuring a mix of one-, two- and three-bedroom apartment layouts. Continue Reading Ground Broken on 365-Unit Multifamily Community in Aurora, Colorado
RE/MAX: Home Sales Down While Inventory Grows
“October had some encouraging signs – especially compared to a year ago,” said Nick Bailey, President and CEO of RE/MAX LLC. Continue Reading RE/MAX: Home Sales Down While Inventory Grows
Builder Confidence Mixed in Market for New Multifamily Housing
“High operating costs are creating problems for existing properties, especially affordable properties,” said Lance Swank, chairman of NAHB’s Multifamily Council. Continue Reading Builder Confidence Mixed in Market for New Multifamily Housing
Housing Starts Inched Up in October
Single‐family housing completions in October were down 0.9% from the revised September rate of 1 million. Continue Reading Housing Starts Inched Up in October
New Home Purchase Applications Up Nearly 40% in October
The average loan size for new homes decreased from $397,550 in September to $390,225 in October. Continue Reading New Home Purchase Applications Up Nearly 40% in October
Builder Confidence Down for Fourth Consecutive Month
NAHB is forecasting approximately a 5% increase for single-family starts in 2024. Continue Reading Builder Confidence Down for Fourth Consecutive Month
The Most Expensive ZIP Code Is…
The town’s residents include venture capitalists and billionaires. Continue Reading The Most Expensive ZIP Code Is…
Mortgage Rates Drop for Third Straight Week
The 30-year fixed-rate mortgage averaged 7.44% as of Nov. 16, down from last week when it averaged 7.5%. Continue Reading Mortgage Rates Drop for Third Straight Week
The State with the Highest Average Credit Score Is…
The lowest score was Mississippi’s 672. Continue Reading The State with the Highest Average Credit Score Is…
Groundbreaking Ceremony for New Chicago Office Development
The 409,000-square-foot project marks Chicago’s first major new office development to commence construction in over a year. Continue Reading Groundbreaking Ceremony for New Chicago Office Development
Younger Buyers Expressing Greater Interest in ‘House Hacking’
Zillow’s Manny Garcia noted that “rental income can step in to help with mortgage qualification and smoothing out those monthly payments.” Continue Reading Younger Buyers Expressing Greater Interest in ‘House Hacking’
Recent Posts
HUD Updates 14 FHA Policies in Move to Improve Affordability- New Study: More Americans Favor Homebuying Over Renting for the First Time …
- Alabama Home Sales Up Nearly 12% from One Year Ago
- Supreme Court Offers Mixed Ruling in Michigan Equity Theft Case
- Investor Activity in Home Purchasing Holds Steady
