U.S. Housing Market
Alabama Home Sales and Prices Rise in April
April’s median home price of $263,518 marked a 15.2% year-over-year upswing. Continue Reading Alabama Home Sales and Prices Rise in April
Judge Orders MRED to Restore Zillow Listings
Thousands of Chicago-area home listings on the Zillow and Trulia abruptly disappeared as a result of the MRED action. Continue Reading Judge Orders MRED to Restore Zillow Listings
Fannie Mae to Back New Crypto-Backed Mortgages
The new mortgages will be originated and serviced by Better, with Bitcoin and USDC pledges powered by Coinbase. Continue Reading Fannie Mae to Back New Crypto-Backed Mortgages
DC Office Building Sold for $24 Million, Will Become Rental Housing
“The entire thing needs to be gutted on the inside,” said Hossein Fateh, Dalian Development’s founder and CEO. Continue Reading DC Office Building Sold for $24 Million, Will Become Rental Housing
Landmark Properties Expands into Senior Housing Sector
Landmark will pursue both ground-up development and acquisition opportunities through partnerships. Continue Reading Landmark Properties Expands into Senior Housing Sector
Case-Shiller: Home Price Index Up 3.8%
The FHFA recorded a 0.3% uptick in home prices during November. Continue Reading Case-Shiller: Home Price Index Up 3.8%
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
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