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?
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
NAMB Releases White Paper on Solving Affordable Homeownership Challenges
NAMB seeks legislative change regarding Mortgage Loan Originator compensation reform and reauthorization of the National Flood Insurance Program. Continue Reading NAMB Releases White Paper on Solving Affordable Homeownership Challenges
Toll Brothers Launches New Phase of Atlanta-Area Luxury Community
Sterling Pointe offers 64 new homes with two-story single-family home designs Continue Reading Toll Brothers Launches New Phase of Atlanta-Area Luxury Community
Ohio Home Sales Inched Up 0.8%
The average sales price across Ohio in January reached $274,522. Continue Reading Ohio Home Sales Inched Up 0.8%
Report: 1 in 7 Pending Home Sales Were Canceled in January
Atlanta leads the nation in canceled deals, with one in five (19.8%) of January’s pending home sales falling apart. Continue Reading Report: 1 in 7 Pending Home Sales Were Canceled in January
Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
The estate includes a 16,000-square-foot, six-bedroom main residence built in 1995. Continue Reading Under Armour CEO Lists Maryland Equestrian Estate for $22 Million
Mortgage Rates Decline Again
The 30-year fixed-rate mortgage averaged 6.76% as of Feb. 27. Continue Reading Mortgage Rates Decline Again
NAR’s Pending Home Sales Index Sinks to All-Time Low
The Pending Home Sales Index tumbled by 4.6% to 70.6, an all-time low. Continue Reading NAR’s Pending Home Sales Index Sinks to All-Time Low
Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
The property was formerly known as The Palm Bay Grand and will be rebranded to Mode at Melbourne. Continue Reading Carter Multifamily Pays $37.7 Million for Community in Florida’s Space Coast
Q4 Lending Down While Refinance Activity Rises
Lenders issued $568 billion worth of residential mortgages in the fourth quarter. Continue Reading Q4 Lending Down While Refinance Activity Rises
Virginia Home Sales Up 1.8%
Virginia’s statewide median sales price was $399,000 in January, up more than $27,000 since the same time last year, a 7.3% increase. Continue Reading Virginia Home Sales Up 1.8%
New Single-Family Home Sales Sank in January
The median sales price of new houses sold last month was $446,300 while the average sales price was $510,000. Continue Reading New Single-Family Home Sales Sank in January
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