U.S. Housing Market
Iowa Home Sales and Inventory Gained Strength in May
Iowa’s median sales price of $260,000 last month marked a 5.1% jump from the $247,500 median sales price of April. Continue Reading Iowa Home Sales and Inventory Gained Strength in May
MBK Rental Living Opens New 330-Unit California Apartment Community
Amenities include a resort-style pool, wading pool, game room, coworking pods, 24-hour fitness center, dog spa and park, and outdoor gathering areas. Continue Reading MBK Rental Living Opens New 330-Unit California Apartment Community
Study: America’s Best-Run City Is…
San Francisco was named the nation’s worst run city. Continue Reading Study: America’s Best-Run City Is…
Cole West Debuts New Community in Utah
theMADISON consists of 11 single-family homes and 165 apartments for rent. Continue Reading Cole West Debuts New Community in Utah
CoStar Group Adds AI Component to Apartments.com
The new offering follows CoStar Group’s recently introduced Homes Ai, an interactive conversational search experience designed for homebuyers. Continue Reading CoStar Group Adds AI Component to Apartments.com
Florida Home Sales Activity Ratchets Up
The statewide median sales price for single-family existing homes in April was $420,000, up 1.8% from the previous year. Continue Reading Florida Home Sales Activity Ratchets Up
Groundbreaking for New 348-Unit Affordable Housing Community in Austin
Construction of Sanara is now underway with first units anticipated in April 2027. Continue Reading Groundbreaking for New 348-Unit Affordable Housing Community in Austin
Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
SB 1851 prohibits localities from enacting property tax increases above the no-new-revenue rate. Continue Reading Texas Attorney General Warns Localities Against Violating New Law in Raising Property Taxes
Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing
In its prime, the Cabana Hotel accommodated The Beatles and Led Zeppelin. Continue Reading Historic Dallas Hotel Renovated into Mixed-Income Multifamily Housing
Duball Previews New Apartment Community in Washington, DC
Revere is scheduled to begin pre-leasing in late 2026 with move-ins beginning in early 2027. Continue Reading Duball Previews New Apartment Community in Washington, DC
House Removes BTR Sale Provision from Senate’s Housing Bill
The revised bill now states that institutional investors do not need to sell or divest “any covered single-family home purchased before or after the date of enactment of this Act.” Continue Reading House Removes BTR Sale Provision from Senate’s Housing Bill
Mortgage Rates Dip While Delinquency Levels Rise
The 30-year fixed-rate mortgage averaged 6.36% as of May 14. Continue Reading Mortgage Rates Dip While Delinquency Levels Rise
Foreclosure Filings Up 18% From One Year Ago
Lenders started the foreclosure process on 28,414 properties in April. Continue Reading Foreclosure Filings Up 18% From One Year Ago
Study Finds Greater Savings in Buying New Homes Versus Older Homes
The savings are primarily from the lower utility costs from newer energy-efficient construction and the delayed replacement of major systems. Continue Reading Study Finds Greater Savings in Buying New Homes Versus Older Homes
Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
Looking ahead, rental stock growth is expected to be strongest in the Northeast (+1.1%) by the first quarter of 2027 Continue Reading Rents Fall for 33rd Straight Month Amid Surge in New Multifamily Construction
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