U.S. Housing Market
RentCafe Debuts ChatGPT App
“Our goal has always been to simplify the renting journey,” said Esther Bonardi, vice president of marketing at RentCafe. Continue Reading RentCafe Debuts ChatGPT App
National Average Apartment Rent for April at $1,730
On an annual basis, San Francisco continued to outperform by posting rent growth of +7.3%. Continue Reading National Average Apartment Rent for April at $1,730
30-Year Fixed-Rate Mortgage Floats Up to 6.00%
A year ago at this time, it averaged 6.63%. Continue Reading 30-Year Fixed-Rate Mortgage Floats Up to 6.00%
Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
61% of respondents stated that home prices being too high was their biggest barrier to buying. Continue Reading Survey: Home Prices, Not Mortgage Rates, Are the Greatest Barrier for Buyers
Mark Zuckerberg Drops $170 Million on Florida Estate
The property, which is still under construction, was launched in 2025 and was originally listed at $200 million. Continue Reading Mark Zuckerberg Drops $170 Million on Florida Estate
Société immobilière Bélanger Acquires Quebec City Multifamily Portfolio for $143 Million
The properties are located on both sides of the St. Lawrence River. Continue Reading Société immobilière Bélanger Acquires Quebec City Multifamily Portfolio for $143 Million
Home Equity Fintech Splitero Expands Into Five States
“We are happy to support families in reaching their financial goals,” said Michael Gifford, CEO and founder of Splitero. Continue Reading Home Equity Fintech Splitero Expands Into Five States
Nominations Sought for Lowe’s Hometowns Community Revitalization Program
$10 million in grants will be allocated to fund 100 renovations and complete an additional 1,700 improvement projects. Continue Reading Nominations Sought for Lowe’s Hometowns Community Revitalization Program
Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand
Due to its slow pace of homebuilding, Vermont’s housing stock is among the nation’s oldest. Continue Reading Report: Vermont Needs to Create 7,000 Homes Per Year to Keep Up with Housing Demand
New Home Sales Up in December
On a full-year measurement, an estimated 683,000 new homes were sold in 2024. Continue Reading New Home Sales Up in December
New York State Housing Inventory at Historic Low
Housing inventory fell 2.6% year-over-year in December to 23,198. Continue Reading New York State Housing Inventory at Historic Low
Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
SmartMLS, the Connecticut multiple listing service, found statewide home prices were up 8.2% year-over-year in the fourth quarter of 2024. Continue Reading Connecticut Considers Statewide Landlord Register, Rent Caps When Properties Change Hands
Hits and Misses for the Real Estate Week of Jan. 20-24
The unlikely blame for a mansion’s lack of buyers, AREA’s first local chapter and a grim forecast on Los Angeles’ housing market. Continue Reading Hits and Misses for the Real Estate Week of Jan. 20-24
Florida Home Sales Down Nearly 2% in 2024
For December, Florida recorded 20,784 closed sales of single-family homes, up 12.8% from the prior year. Continue Reading Florida Home Sales Down Nearly 2% in 2024
Existing Home Sales Up in December
First-time buyers were responsible for 31% of sales in December. Continue Reading Existing Home Sales Up in December
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