U.S. Housing Market
New Platform Tracks Remodeling Activity by State
California is the top state for remodeling based on total share, with 8% of the market at a $22.1 billion volume. Continue Reading New Platform Tracks Remodeling Activity by State
Hits and Misses for the Real Estate Week of May 4-8
New listings on the rise, New York City’s mayor shoots his mouth off (twice), and the late Ted Turner’s property portfolio. Continue Reading Hits and Misses for the Real Estate Week of May 4-8
Hits and Misses for the Real Estate Week of February 23-27
A lack of housing policy ideas in the State of the Union, a theater chain weighs closing more locations, and a city loses millions on consulting fees around a failed museum project. Continue Reading Hits and Misses for the Real Estate Week of February 23-27
Deltec Homes Debuts New Line of Affordable Dwelling Units
“These new cottages are our most cost-effective models to date,” said Meg Gore, CEO of Deltec Homes. Continue Reading Deltec Homes Debuts New Line of Affordable Dwelling Units
FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
“He’s the best,” the FHFA director cheered. Continue Reading FHFA’s Pulte: Trump ‘Single-Handedly Lowered Mortgage Rates’
Mortgage Rates Continue to Slide
The 30-year fixed-rate mortgage averaged 6.09% as of Sept. 19, down from last week when it averaged 6.20%. Continue Reading Mortgage Rates Continue to Slide
Existing Home Sales Down 2.5%
First-time buyers were responsible for 26% of sales in August, matching the all-time low last seen in November 2021. Continue Reading Existing Home Sales Down 2.5%
Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
The proposed development will include more than 400 apartment units on the tower’s uppermost floors. Continue Reading Georgia-Pacific Plans to Transform Atlanta HQ Building into Mixed-Use Development
Home Flipping Activity Down in Q2
The second quarter’s total is down by 8.7% in the first quarter and down by 7.9% in the second quarter of 2023. Continue Reading Home Flipping Activity Down in Q2
AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
The Homes Act is Ocasio-Cortez’s second housing bill introduced this year. Continue Reading AOC Calls for New Federal Entity to Build and Sell ‘Social Housing’
Greystar to Open New Build-for-Rent Community in Georgia
Summerwell Bells Ferry consists of 137 townhomes and 16 detached single-family rental homes. Continue Reading Greystar to Open New Build-for-Rent Community in Georgia
Michael Jordan Sells Chicago Mansion After 12 Years on the Market
The property was first listed for $29 million in 2012. Continue Reading Michael Jordan Sells Chicago Mansion After 12 Years on the Market
Mortgage Application Activity Up 14.2%
The MBA also reported mortgage applications for new home purchases in August were up 4.4% year-over-year. Continue Reading Mortgage Application Activity Up 14.2%
Lennar Plans Four Communities in New Jersey
Lennar’s New Jersey expansion follows two recent master-planned community openings in the state. Continue Reading Lennar Plans Four Communities in New Jersey
Housing Starts in a Sharp Upswing
Single-family authorizations in August were at a rate of 967,000, a 2.8% bump-up from the July figure of 941,000. Continue Reading Housing Starts in a Sharp Upswing
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