U.S. Housing Market
First Residences Available in New Savannah-Area Build-to-Rent Community
Vertical construction began last October, with the first units expected in April and full project completion slated for early 2027. Continue Reading First Residences Available in New Savannah-Area Build-to-Rent Community
Homeownership Affordability Near 4-Year High, But Can it Last?
“Affordability began 2026 on its strongest footing since August 2022,” said First American Chief Economist Mark Fleming. Continue Reading Homeownership Affordability Near 4-Year High, But Can it Last?
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Landmark Properties Expands into Senior Housing Sector
Landmark will pursue both ground-up development and acquisition opportunities through partnerships. Continue Reading Landmark Properties Expands into Senior Housing Sector
Mortgage Delinquency Rate Inches Up to 3.72%
A total of 35,000 foreclosure starts were recorded last month, down 16% from January but up 7% from February 2025. Continue Reading Mortgage Delinquency Rate Inches Up to 3.72%
169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
CBRE represented the seller, Harbor Group International LLC, and procured the buyer, JSB Capital. Continue Reading 169-Unit Multifamily Community in NYC Suburb Sells for $63.7 Million
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
Deltec Homes Debuts New Line of Affordable Dwelling Units
“These new cottages are our most cost-effective models to date,” said Meg Gore, CEO of Deltec Homes. Continue Reading Deltec Homes Debuts New Line of Affordable Dwelling Units
FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
“He’s the best,” the FHFA director cheered. Continue Reading FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
‘Heated Rivalry’ Cottage Going on Airbnb, ‘Breaking Bad’ House Sold to Streamer Adin Ross
Oddly, the Airbnb listing doesn’t identify the property as being featured in “Heated Rivalry.” Continue Reading ‘Heated Rivalry’ Cottage Going on Airbnb, ‘Breaking Bad’ House Sold to Streamer Adin Ross
Rocket Companies and Compass Announce 3-Year Strategic Alliance
“When barriers are removed and supply grows, affordability improves,” said Varun Krishna, CEO of Rocket Companies. Continue Reading Rocket Companies and Compass Announce 3-Year Strategic Alliance
Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
The program provides grant funding for homebuyer downpayment assistance, housing development and rehabilitation, and legal assistance for property owners. Continue Reading Federal Home Loan Bank of Atlanta Allocates $120 Million for Affordable Housing Programs
Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
Willamette Valley Bank is a state-chartered community bank founded in 2000. Continue Reading Oregon’s Willamette Valley Bank to Cease Residential Mortgage Lending
30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
A year ago at this time, it averaged 6.76%. Continue Reading 30-Year Fixed-Rate Mortgage Drops Below 6% for the First Time Since 2022
Maryland Home Sales Down Amid Inventory Shortages
The average sales price increased 3.4% year-over-year to $495,038 and the median sales price inched up by 0.5% to $410,000. Continue Reading Maryland Home Sales Down Amid Inventory Shortages
