U.S. Housing Market
Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Prices at Brunson Station will start from the low $300,000s for townhomes and the mid $300,000s for single-family homes. Continue Reading Stanley Martin Homes to Launch Master-Planned Community in Savannah Area
Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
“Colluding to drive up prices is illegal,” said California Attorney General Rob Bonta. Continue Reading Greystar in $7 Million Settlement with 9 States Over Use of Rent-Setting Algorithmic Software
National Average for Apartment Rents Down Slightly in August
This marks the second consecutive month of flat or negative monthly rent change. Continue Reading National Average for Apartment Rents Down Slightly in August
Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
First Cathedral in Bloomfield offered an informal presentation to the town’s planning and zoning commission. Continue Reading Connecticut Mega-Church Proposes Affordable Housing Complex On Its Property
Hits and Misses for the Real Estate Week of Sept. 1-5
A decades-old crime is solved, an emergency without urgency is declared, and bizarre happenings in the UK and Canada. Continue Reading Hits and Misses for the Real Estate Week of Sept. 1-5
HUD Offers New Initiatives for Manufactured Housing
The $225 million competitive grant program will provide resources to support residents of manufactured housing through repairs and rehabilitation. Continue Reading HUD Offers New Initiatives for Manufactured Housing
Mortgage Rates Up for Fourth Straight Week
“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Up for Fourth Straight Week
Pending Home Sales, Buyer Affordability Down in January
The national median payment applied for by purchase applicants increased to $2,134 from $2,055 in December. Continue Reading Pending Home Sales, Buyer Affordability Down in January
Home Mortgage Lending Activity Sank During Q4 2023
The fourth quarter total was also a 16.5% decline from the same period in 2022. Continue Reading Home Mortgage Lending Activity Sank During Q4 2023
Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
The monthly mortgage payment on a typical home has nearly doubled since January 2020. Continue Reading Zillow: You Need to Make $106,000 to ‘Comfortably Afford’ to Buy a Home
US Housing Market Gained $2 Trillion in Value in 2023
The total value of homes in urban areas rose 3.6% year over year to $10.1 trillion in December. Continue Reading US Housing Market Gained $2 Trillion in Value in 2023
Mortgage Application Activity Down By 5.6%
U.S. home prices were up 6.5% year-over-year during the fourth quarter of 2023. Continue Reading Mortgage Application Activity Down By 5.6%
Wanted: 7.2 Million Homes to Fill Housing Market Void
Realtor.com’s Danielle Hale warned of a “long-term housing shortage with the construction of new homes failing to keep pace with a growing population.” Continue Reading Wanted: 7.2 Million Homes to Fill Housing Market Void
Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
The project will include retail, lodging and a master-planned community. Continue Reading Whole Foods to Anchor New Mixed-Use Development in Central Connecticut
Case-Shiller: Home Prices Ended 2023 on the Rise
San Diego reported the highest year-over-year gain among the 20 cities with an 8.8% increase in December. Continue Reading Case-Shiller: Home Prices Ended 2023 on the Rise
