U.S. Housing Market Updates
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Hits and Misses for the Real Estate Week of Nov. 3-7
Fewer first-time buyers in the housing market, the firing of the FHFA’s inspector general, and the comeback for a historic Salt Lake City theater. Continue Reading Hits and Misses for the Real Estate Week of Nov. 3-7
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
Additional Reading: MOST POPULAR U.S. HOUSING MARKET News & Headlines
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
CBRE represented the seller, an affiliate of First Atlantic, LLC, and procured the buyer, an affiliate of Heritage Housing Inc. Continue Reading 169-Unit Affordable Housing Portfolio in Connecticut Sells for $39.7 Million
NAR Debuts Fifth Season of ‘First-Time Buyer’ Series
The new season offers unscripted stories following homebuyers in New York and Connecticut. Continue Reading NAR Debuts Fifth Season of ‘First-Time Buyer’ Series
Mortgage Rates Stay Just Under 7%
The 30-year fixed-rate mortgage averaged 6.95% as of Jan. 30. Continue Reading Mortgage Rates Stay Just Under 7%
Pending Home Sales Plummeted in December
This follows four straight months of sales gains. Continue Reading Pending Home Sales Plummeted in December
Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
Alloy said it was the first developer to pursue such a program following a Local Law 97 rule issuance by the New York City Department of Buildings. Continue Reading Offsite Solar Energy Sources Procured for NYC’s First All-Electric Residential Tower
Home Equity Level Held Steady in Q4
Rhode Island recorded the greatest year-over-year increase during the quarter. Continue Reading Home Equity Level Held Steady in Q4
Downtown Seattle Median Rent Up for First Time in 17 Months
Seattle’s median rent seesawed over the past five years, climbing to nearly $2,500 before the 2020 pandemic and falling to $1,399 in February 2021. Continue Reading Downtown Seattle Median Rent Up for First Time in 17 Months
Case-Shiller: Home Price Index Up 3.8%
The FHFA recorded a 0.3% uptick in home prices during November. Continue Reading Case-Shiller: Home Price Index Up 3.8%
Société immobilière Bélanger Acquires Quebec City Multifamily Portfolio for $143 Million
The properties are located on both sides of the St. Lawrence River. Continue Reading Société immobilière Bélanger Acquires Quebec City Multifamily Portfolio for $143 Million
Home Equity Fintech Splitero Expands Into Five States
“We are happy to support families in reaching their financial goals,” said Michael Gifford, CEO and founder of Splitero. Continue Reading Home Equity Fintech Splitero Expands Into Five States
Nominations Sought for Lowe’s Hometowns Community Revitalization Program
$10 million in grants will be allocated to fund 100 renovations and complete an additional 1,700 improvement projects. Continue Reading Nominations Sought for Lowe’s Hometowns Community Revitalization Program
