Contrary to the “Field of Dreams” catchphrase, new apartment complexes are being built but not that many people are coming to rent units. According to new data from Redfin (NASDAQ:RDFN), less than half (47%) of newly constructed apartments that were completed in the...
The real estate investor, developer and manager Caliber (NASDAQ: CWD) announced the completion of funding for the first phase of a single-family rental housing complex in the Ahwatukee Foothills neighborhood in South Phoenix. The new complex is part of a...
A new data analysis by Redfin (NASDAQ:RDFN) has determined only 39% of renters are earning enough to afford the median-priced apartment. During May, the $1,653 median apartment asking rent in May was $47 below its record high. According to the new data analysis, the...
Atlanta Hawks icon and NBA Hall of Famer Dominique Wilkins was named as an investor and partner with Roots, an Atlanta-headquartered real estate fund. In his new role, Wilkins will share his likeness in videos and at curated gatherings to introduce Roots’ “Live...
Affordability issues for homeowners and renters are creating an economic crisis that is not being easily solved with new construction, according to “The State of the Nation’s Housing 2024” report published by the Joint Center for Housing Studies of Harvard University....