U.S. Housing Market
Hits and Misses for the Real Estate Week of June 1-5
Bill Pulte gets a new job, a social media-savvy realtor helps a Texas mayor, and a new video on the data center sector racks up hits on YouTube. Continue Reading Hits and Misses for the Real Estate Week of June 1-5
Report: Florida and California Lead the Nation with Riskiest Housing Markets
Of the nation’s 50 riskiest counties, 12 were in Florida, nine in California, and five each in Illinois and New Jersey. Continue Reading Report: Florida and California Lead the Nation with Riskiest Housing Markets
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
Home Flipping Activity Declines, Gross Profits Rise
Only 7.6% of home sales in 2024 were flips, down from 8.1% in 2023. Continue Reading Home Flipping Activity Declines, Gross Profits Rise
Shopoff Realty Investments Acquires California Industrial Property for Residential Development
The company announced that $49 million in acquisition financing for the project was secured with support from JLL Capital Markets. Continue Reading Shopoff Realty Investments Acquires California Industrial Property for Residential Development
Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents
Demand for larger rental units has grown because fewer renters are seeking to become first-time homebuyers Continue Reading Realtor.com: Drop in Multifamily Permitting Could Spur Hike in Rents
RE/MAX: Home Sales Up 8.4% in February
The $423,000 median sales price was only $3,000 (0.6%) higher than January’s level. Continue Reading RE/MAX: Home Sales Up 8.4% in February
Lennar Begins Sales on Single-Family Homes in Dallas Community
Pricing for the new homes starts in the low $300,000s. Continue Reading Lennar Begins Sales on Single-Family Homes in Dallas Community
New Financing Program Aimed at Sellers Planning Home Stagings
The new program is now available in select markets, with plans for nationwide expansion in the near future. Continue Reading New Financing Program Aimed at Sellers Planning Home Stagings
Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
The victims included an 82-year-old woman and a 76-year-old woman. Continue Reading Four Real Estate Scammers Indicted for NYC Deed Theft Schemes
Q4 Renter Population Up by Less Than 1%
Home prices are more than 40% above pre-pandemic levels and rent prices are roughly 20% above pre-pandemic levels. Continue Reading Q4 Renter Population Up by Less Than 1%
Mortgage Applications Down, Homeowner Equity Up
“Overall, purchase application volume is up 6% compared to last year at this time,” said MBA’s Mike Fratantoni. Continue Reading Mortgage Applications Down, Homeowner Equity Up
Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
Dallas, Austin, San Diego and Houston also have shortages of affordable housing. Continue Reading Report: Las Vegas Has Greatest Shortage of Affordable Housing for Extremely Low-Income Renters
