U.S. Housing Market
California Home Sales and Prices Up in February
California’s median home price in February was $830,370, up by less than 1% from 23-month low of $823,180 in January. Continue Reading California Home Sales and Prices Up in February
Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
The acquisition further expands Neighborhood Ventures’ portfolio of Phoenix-area multifamily properties. Continue Reading Neighborhood Ventures Acquires 86-Unit Phoenix Multifamily Community for $19.5 Million
HUD Targets Minneapolis for Alleged Race-Based Housing Plans
The “Minneapolis 2040” plan was faulted for prioritizing housing resources to serve nonwhite residents. Continue Reading HUD Targets Minneapolis for Alleged Race-Based Housing Plans
Pending Home Sales Plummeted During December
On a regional basis, pending home sales were down in all four regions on a month-over-month measurement. Continue Reading Pending Home Sales Plummeted During December
Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
“My Administration will take decisive action to stop Wall Street from treating America’s neighborhoods like a trading floor and empower American families to own their homes,” said the president. Continue Reading Trump Issues Executive Order to Curb Institutional Investor Purchasing of Single-Family Homes
Arizona Blocks Wildcat Development in Water-Challenged Community
Morning Vista Homes LLC, 2PHDS LLC and Andrei Polukhtin were accused of selling parcels without obtaining a public report. Continue Reading Arizona Blocks Wildcat Development in Water-Challenged Community
Report: 3 in 5 Gen Zers are Rent Burdened
Zillow noted that while 58.6% of today’s Gen Zers are rent burdened. Continue Reading Report: 3 in 5 Gen Zers are Rent Burdened
Alabama Home Sales and Median Sales Price Down in September
The 435 foreclosures in September represented a 1.4% drop from the previous month and a 6% decrease from the previous year. Continue Reading Alabama Home Sales and Median Sales Price Down in September
Lake Michigan Credit Union Unveils Down Payment Assistance Program
The program has been initially funded with $1 million for its launch. Continue Reading Lake Michigan Credit Union Unveils Down Payment Assistance Program
New Hampshire Median Price for Single-Family Homes at Record High
The state recorded a median cost of single-family homes at $520,000, up 6.5% year-over-year. Continue Reading New Hampshire Median Price for Single-Family Homes at Record High
Hits and Misses for the Real Estate Week of Oct. 14-18
This week’s Hits and Misses features dinosaurs selling homes, climate change’s impact on football stadiums and the real estate developer friend from hell. Continue Reading Hits and Misses for the Real Estate Week of Oct. 14-18
Sun Title Debuts Program to Promote Hispanic Homeownership
The new program provides a suite of services, including bilingual support, educational workshops and a free AI resource in Spanish. Continue Reading Sun Title Debuts Program to Promote Hispanic Homeownership
California Home Sales at Lowest Level for the Year
September’s statewide median home price in California, was $868,150, down 2.3% from August. Continue Reading California Home Sales at Lowest Level for the Year
Single-Family Housing Starts Up in September
Single-family housing completions in September were at a rate of 1 million, down 2.7% from the revised August rate of 1.02 million. Continue Reading Single-Family Housing Starts Up in September
Christopher Todd Capital Acquires First Texas BTR Community
The company purchased The Cottage Green in Conroe, a recently completed 314-home community spanning 40 acres. Continue Reading Christopher Todd Capital Acquires First Texas BTR Community
