Developers obtained permits to build an average of 12.8 multifamily housing units for every 10,000 people over the past year, according to a new report from Redfin. This is down by 23.1% from an average of 16.7 during the pandemic building boom, and it is also down by...
The price premium for new construction compared to existing homes dropped to a record low of 7.8% during the second quarter, according to new data from Realtor.com. The median list price for a newly built home in the second quarter was $450,797, essentially flat from...
A new report is citing the rising costs of materials and labor as a contributing factor to the cancelation of several home renovation series on HGTV. HGTV has canceled seven shows over the past several weeks – “Christina on the Coast,” “The Flipping El Moussas,”...
Turnbridge Equities, a New York City-based real estate investment company, has begun site demolition and will soon break ground on Highline Glenwood, a 37-story, 306-unit luxury residential tower in Downtown Raleigh, North Carolina. When completed, Highline Glenwood...
Deltec Homes, an Asheville, North Carolina-based manufacturer of hurricane-resistant housing, has unveiled Tranquility, the latest model in its 360° Signature Collection. The 1,327-square-foot Tranquility is designed to withstand wind speeds up to 130 mph, with...
Blackstone Mortgage Trust Posts $327 Million Loss, Cuts Dividend 36% as Off…
