The trend of declining rents could be reversed due to low multifamily permitting in the nation’s top 50 metros, according to a data analysis from Realtor.com. Within the top 50 metros, 294,000 multifamily units were permitted in 2024, which Realtor.com said was below...
The US recorded a housing gap of 3.8 million last year, despite having new home construction outpace household formations for the first time since 2016. A new data report from Realtor.com determined it would take 7.5 years to close the housing gap at the 2024 rate of...
Texas led the nation in 2024 for new house permits, accounting for 15% of the national total despite only having a 9% share of the population. According to new data from Realtor.com, more than one in four people looking to buy a home in Texas are from out of state,...
Realtor.com is relocating its corporate headquarters from Santa Clara, California, to the Texas capital of Austin. The company was originally located in San Jose when it was founded in 1995 and moved to Santa Clara in 2016. Realtor.com’s leadership made the...
The nationwide level of newly listed homes grew 37.5% month-over-month in January, according to new data from Realtor.com. Newly listed homes were 10.8% above last year’s levels, an increase from December’s slight rise of 0.9%. Among the nation’s top 50...