U.S. Housing Market
Hits and Misses for the Real Estate Week of May 18-22
Mortgage rates on the rise, predicting home sales in San Francisco, and the other Barbara Corcoran in the spotlight. Continue Reading Hits and Misses for the Real Estate Week of May 18-22
Virginia Home Sales Surged in April
The statewide median sales price in April was $439,945, up 3.5% from a year ago. Continue Reading Virginia Home Sales Surged in April
Thompson Thrift to Build 273-Unit Multifamily Community in Reno
The company expects the first residents by September 2027. Continue Reading Thompson Thrift to Build 273-Unit Multifamily Community in Reno
Oakwood Homes to Begin Sales at New Utah Master-Planned Community
Sales are slated to start in May and pricing begins in the low $500,000s. Continue Reading Oakwood Homes to Begin Sales at New Utah Master-Planned Community
Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
Sales in the Northeast decreased 12.2% year-over-year while the median sales price increased 5.7% to $494,500. Continue Reading Maine Home Sales Total and Median Sales Price Unchanged Year-Over-Year
Office-to-Residential Conversion Begins on DC Property
The eight-story, 536,000-square-foot office building opened in 1992 and will become an 11-story, 658,000-square-foot modern apartment building. Continue Reading Office-to-Residential Conversion Begins on DC Property
265-Unit Seattle Multifamily Community is Acquired for $173 Million
The 16-story Danforth was constructed in 2018 at the intersection of Seattle’s First Hill and Capitol Hill neighborhoods. Continue Reading 265-Unit Seattle Multifamily Community is Acquired for $173 Million
Housing Report Finds Most At-Risk Counties in California and New Jersey
More than half (27) of the 50 least at-risk counties in the analysis were in Southern states. Continue Reading Housing Report Finds Most At-Risk Counties in California and New Jersey
Mortgage Rates Remain Mostly Flat
The 30-year fixed-rate mortgage averaged 6.84% as of June 12. Continue Reading Mortgage Rates Remain Mostly Flat
Report: 28% of Homes Now Selling Above Asking Price
At the same time, new listings are up 5.2% year-over-year. Continue Reading Report: 28% of Homes Now Selling Above Asking Price
Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Belwood Investments said it was raising $250,000 from investors to complete the renovations, with an estimated ROI of 45%. Continue Reading Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Bethenny Frankel Sells Connecticut Estate for $7.83 Million
The estate, known as Applejack Farm, was originally built in 1743 and was once the home for Connecticut’s governor Lowell Weicker. Continue Reading Bethenny Frankel Sells Connecticut Estate for $7.83 Million
Real Estate Investor Selling Hit Record High in 2024
Regionally, Missouri (21.2%), Oklahoma (18.7%), and Kansas (18.4%) had the highest investor buyer share in 2024. Continue Reading Real Estate Investor Selling Hit Record High in 2024
Mortgage Application Activity Up 12.5%
The Refinance Index increased 16% from the previous week and was 28% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 12.5%
Canada’s RARE Real Estate Expands Into US Market
The company became a household name through the Amazon Prime series “Luxe Listings Toronto.” Continue Reading Canada’s RARE Real Estate Expands Into US Market
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