U.S. Housing Market
Singapore’s Banyan Group Enters US Luxury Residential Market
Banyan Tree Residences West Palm Beach features 88 private residences ranging from one- to four-bedroom layouts, along with a limited collection of penthouses. Continue Reading Singapore’s Banyan Group Enters US Luxury Residential Market
Paul Anka Relists LA-Area Estate for $8.9 Million
The 5.75-acre property is located within the gates of Sherwood Country Club. Continue Reading Paul Anka Relists LA-Area Estate for $8.9 Million
Existing Home Sales Up 5.8% in December
The $405,400 median existing home price for all housing types marked a 0.4% uptick from the $403,700 price set one year before. Continue Reading Existing Home Sales Up 5.8% in December
FHFA’s Pulte Threatens Builders Over Stock Repurchasing
“Our preference is to use carrots, but sticks are on the table,” Pulte said. Continue Reading FHFA’s Pulte Threatens Builders Over Stock Repurchasing
Alec Baldwin Shoots Down the Price on Hamptons Mansion
The property is now being offered at $19.9 million. Continue Reading Alec Baldwin Shoots Down the Price on Hamptons Mansion
Hedge Fund Executive Lists Private Connecticut Island for $35 Million
Bridgewater Associates’ Greg Jensen acquired the property in 2018 for roughly $22 million. Continue Reading Hedge Fund Executive Lists Private Connecticut Island for $35 Million
National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing
“It’s far past time to remove politics from housing and help America’s renters,” the group said. Continue Reading National Apartment Association Pushes Back on Biden’s Remarks About Rental Housing
Hits and Misses for the Real Estate Week of May 27-31
This week’s Hits and Misses includes a new scholarship program for aspiring teen real estate professionals and a housing finance agency in turmoil. Continue Reading Hits and Misses for the Real Estate Week of May 27-31
More Renters Are Staying Put Longer
“The uptick in tenure is beneficial for renters and their landlords,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading More Renters Are Staying Put Longer
Most Homebuyers Are Not Shopping Around for a Mortgage
Baby boomers were the least likely to comparison shop (28%) while millennials were most likely. Continue Reading Most Homebuyers Are Not Shopping Around for a Mortgage
Groundbreaking at Austin-Area Micro-Home Rental Community
Residents in the new development will be able to rent one- or two-bedroom units. Continue Reading Groundbreaking at Austin-Area Micro-Home Rental Community
Maui County Donates 7 Lots to Nonprofit for Affordable Housing
The nonprofit plans will develop 50 homes on the lots for sale as residential homes to low- and moderate-income households. Continue Reading Maui County Donates 7 Lots to Nonprofit for Affordable Housing
Katharine Hepburn’s Former NYC Home Listed for $7.2 Million
Hepburn’s estate sold the property in 2004 for $3.9 million. Continue Reading Katharine Hepburn’s Former NYC Home Listed for $7.2 Million
CoreLogic: 32.7 Million Homes Face Damage Risk in 2024 Atlantic Hurricane Season
The depth and scope of at-risk properties equates to a combined reconstruction cost of $10.8 trillion. Continue Reading CoreLogic: 32.7 Million Homes Face Damage Risk in 2024 Atlantic Hurricane Season
Mortgage Application Payments Increased 2.5%
The national median mortgage payment for conventional loan applicants was $2,271. Continue Reading Mortgage Application Payments Increased 2.5%
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