U.S. Housing Market
New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
RIPEC estimated the housing bond will create only 642 new housing units, slightly more than one-quarter (28.5%) of Executive Office of Housing’s 2030 housing goal. Continue Reading New Report Finds Minimal Results for Rhode Island’s $120 Million Housing Bond
Hits and Misses for the Real Estate Week of May 25-29
A broke city gets a new tax, a pesky deed thief is back in custody, and Tampa Bay gets another $1 billion request for a stadium. Continue Reading Hits and Misses for the Real Estate Week of May 25-29
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
APW Avenue Group Acquires Reno Apartment Community for $96 Million
“Reno’s transformation is being fueled by world-class employers that are creating thousands of high-paying jobs,” said James R. Parks, founder and principal of APW Avenue Group. Continue Reading APW Avenue Group Acquires Reno Apartment Community for $96 Million
The Best Market for First-Time Homebuyers Is…
“First-time buyers are finally seeing some light at the end of the tunnel,” said Orphe Divounguy, senior economist at Zillow. Continue Reading The Best Market for First-Time Homebuyers Is…
Neal Signature Homes Opens New Florida Community
Tideline offers four luxury semi-custom home floor plans, ranging in size from 2,562 to 3,861 square feet. Continue Reading Neal Signature Homes Opens New Florida Community
Illinois Home Sales Up 7%
January’s median price of $285,000 was up by 10.9% from the previous year. Continue Reading Illinois Home Sales Up 7%
S&P/Case-Shiller Index Hits 19th Straight All-Time High
New York City again reported the highest annual gain among the 20 cities with a 7.2% increase in December. Continue Reading S&P/Case-Shiller Index Hits 19th Straight All-Time High
Buy a House, Get Free Eggs? Viral Video Highlights Unlikely Buyer Incentive
The signs were the work of Raleigh-based Diane Kleckner of eXp Realty. Continue Reading Buy a House, Get Free Eggs? Viral Video Highlights Unlikely Buyer Incentive
Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
The sale was facilitated by Institutional Property Advisors (IPA) Phoenix, who served as the selling broker. Continue Reading Goodman Real Estate Acquires Phoenix Multifamily Community for $131.1 Million
New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
The average loan size for new homes increased from $400,930 in December to $403,416 in January. Continue Reading New Reports Find Mortgage Applications in Decline as Mortgage Affordability Frays
Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
The statewide inventory in January for existing single-family homes was up year-over-year by 31.3% and up 39.3% for condo-townhouse units. Continue Reading Florida Single-Family Home Sales Up While Condo-Townhome Sales Drop
New York State Home Sales Up for Second Straight Month
Median sales prices swelled by 10.5% to $420,000 from $380,000 one year earlier. Continue Reading New York State Home Sales Up for Second Straight Month
Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
The only notable change to occur was an uptick in the listings and buyers for the ultra-luxury real estate markets. Continue Reading Data Study Finds Trump Has Not Disrupted DC-Area Housing Market
Hits and Misses for the Real Estate Week of Feb. 17-21
HUD’s erasure of DEI contracts, builders expressing apprehension and Australia’s first rate cut in more than four years. Continue Reading Hits and Misses for the Real Estate Week of Feb. 17-21
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