The U.S. Department of Housing and Urban Development (HUD) announced $115 million in grant funding will be made available to support the development and improvement of affordable rental housing for low-income seniors. The funds are being provided under HUD’s Section...
The Arthur @ Blackstone, an affordable housing development in Fresno, California, has officially been opened. The 41-unit development offers a mix of one-, two- and three-bedroom apartments, with 20 reserved for families, 20 for transitional youth ages 18-24 and one...
An XXL-large listing price, Janet Yellen’s not-calming words and an unlikely exodus of Gen Zers into California. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Feb. 5-9. Hit: Will History Be Made in Florida? The most...
The median U.S. asking rent rose 1.1% year-over-year to $1,964 in January, according to new data from Redfin (NASDAQ:RDFN). This marked the largest annual increase since March 2023. On a month-over-month basis, the asking rent level remained unchanged. However, Redfin...
A new survey of rental housing providers conducted by the National Multifamily Housing Council (NMHC) found that nearly all respondents (93.3%) have been on the receiving end of fraudulent applications over the last 12 months. The NMHC survey found 84.3% of...