U.S. Housing Market Updates
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Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel
Cuban’s condo has four bedrooms, six bathrooms, a private library and sweeping views of Central Park. Continue Reading Report: Trump Critic Mark Cuban Owns Condo in NYC Trump Hotel
Report: Renter Households Growing at Record Pace
The median asking rent was up 0.6% year-over-year in September. Continue Reading Report: Renter Households Growing at Record Pace
Report: Housing Affordability a Top Concern Among 2 in 5 Early Voters
The leading concern for early voters was the economy (63%), followed by inflation (59%), and protecting democracy (56%). Continue Reading Report: Housing Affordability a Top Concern Among 2 in 5 Early Voters
NAR: Number of First-Time Homebuyers at Historic Low
At the same time, homebuyers’ ages hit all-time highs of 56 years overall in 2024. Continue Reading NAR: Number of First-Time Homebuyers at Historic Low
Bainbridge Companies to Build New Multifamily Community in Charlotte
The new community is slated to open by the autumn of 2025. Continue Reading Bainbridge Companies to Build New Multifamily Community in Charlotte
Hits and Misses for the Real Estate Week of Oct. 28-Nov. 1
A pushback against offshore wind turbines, an indefinite delay on an important decision and a landmark law turns 50. Continue Reading Hits and Misses for the Real Estate Week of Oct. 28-Nov. 1
CMBS Delinquency Rate Rises to Nearly 6%
Last month’s spike was primarily fueled entirely by the office sector. Continue Reading CMBS Delinquency Rate Rises to Nearly 6%
Former Home of Gambino Crime Family Boss Listed for $18 Million
The property last changed hands in 2000 for $3.1 million. Continue Reading Former Home of Gambino Crime Family Boss Listed for $18 Million
Newly Built Homes Account for 28% of Q3 Single-Family Home Sales
The record high for newly built single-family homes for sale was 34.4% set the start of 2022. Continue Reading Newly Built Homes Account for 28% of Q3 Single-Family Home Sales
New Fund Focuses on BTR Communities in Opportunity Zones
“This tax-advantaged real estate fund is targeting strong risk-adjusted returns,” said Jeff Feinstein, managing partner at Pinnacle Partners. Continue Reading New Fund Focuses on BTR Communities in Opportunity Zones
Cape Cod Estate Adjacent to the Kennedy Compound Listed for Nearly $20 Million
The estate known as Port View was built in 1914. Continue Reading Cape Cod Estate Adjacent to the Kennedy Compound Listed for Nearly $20 Million
Mortgage Rates Up for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.72% as of Oct. 31. Continue Reading Mortgage Rates Up for Fifth Straight Week
Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Buyer’s agent commissions for homes listed under $500,000 inched up from an average of 2.41% in August to 2.43% in October. Continue Reading Redfin: Buyer’s Agent Commissions Mostly Unaffected Since NAR Rule Change
Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Mortgage rates were at a historic low of 2.65% in 2021 before soaring to decade-long highs of 7.79% in the fall of 2023. Continue Reading Nearly Half of Recent Homebuyers Secured Mortgage Rates Below 5%
Zombie Foreclosures Down 20% from Last Year
The number of zombie properties has gone up quarterly in 30 states. Continue Reading Zombie Foreclosures Down 20% from Last Year