U.S. Housing Market
Studio Home Launches National Franchise Platform
“Over the last 17 years, we’ve proven our panelized building system works in all 50 states,” said Mike Koenig, co-founder of Studio Home. Continue Reading Studio Home Launches National Franchise Platform
Report: Home Prices Inched Up 0.4% in March
Among the 100 largest metro markets, the highest year-over-year home price increase was the 7.9% spike in Bridgeport, Connecticut. Continue Reading Report: Home Prices Inched Up 0.4% in March
Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
39% of roommate settings are multi-generational households, where the age difference between the oldest and youngest adult is 20 years or more. Continue Reading Pass the Cheesecake, Rose! More People Over 65 Now Living in Roommate Settings
Foreclosure Starts Surged by 14% Year-Over-Year
One in every 3,701 housing units had a foreclosure filing in February. Continue Reading Foreclosure Starts Surged by 14% Year-Over-Year
Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
Eagle Partners plans to launch a long-term affordable preservation strategy for the properties. Continue Reading Eagle Partners Acquires 551-Unit Portfolio of 55+ Apartments for $162.5 Million
New Initiative to Provide Prefab Homes to Los Angeles Wildfire Survivors
Steadfast LA did not state how many homes will be made available or when they will first be delivered. Continue Reading New Initiative to Provide Prefab Homes to Los Angeles Wildfire Survivors
Existing Home Sales Down by Nearly 5%
First-time buyers were responsible for 28% of sales in January, down from 31% in December 2024 and identical to January 2024. Continue Reading Existing Home Sales Down by Nearly 5%
The Most Expensive US Home Listing Is…
The most expensive home sale in January was a Fifth Avenue apartment in New York City. Continue Reading The Most Expensive US Home Listing Is…
Report: 2024 Housing Market Gained $2.5 Trillion in Value
Major metros in the Northeast gained the most value in percentage terms in 2024. Continue Reading Report: 2024 Housing Market Gained $2.5 Trillion in Value
Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
The company noted that properties sold for $500,000 or more accounted for 5.4% of its transactions in 2024. Continue Reading Ohio’s Glasshouse Realty Group Debuts Luxury Business Line
Mortgage Rates Inch Lower
The 30-year fixed-rate mortgage averaged 6.85% as of Feb. 20. Continue Reading Mortgage Rates Inch Lower
Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market
Currently, only one in every 14,668 homes across has been vacated due to foreclosure. Continue Reading Foreclosed and Vacant Properties Were a Tiny Percent of Q1 Housing Market
Zillow: 62% of Black Buyers Purchased Their First Home in 2024
Zillow found that St. Louis was the most affordable housing market for typical Black households last year. Continue Reading Zillow: 62% of Black Buyers Purchased Their First Home in 2024
RE/MAX: New Listings and Inventory Up in January
The markets with the biggest year-over-year increase in new listings percentage were Seattle (+32.9%), Anchorage (+29.0%), and Des Moines (+28.4%). Continue Reading RE/MAX: New Listings and Inventory Up in January
Ground Broken for New 770-Acre Master-Planned Community in Texas
The community will include approximately 2,400 single-family home lots. Continue Reading Ground Broken for New 770-Acre Master-Planned Community in Texas
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