U.S. Housing Market
$37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
The three-acre estate features a 15,000-square-foot residence with seven bedrooms. Continue Reading $37.5 Million Sale Breaks Record for Residential Transaction in Martha’s Vineyard
Apartment Rents Record Greatest October Decline in Over 15 Years
On an annual measurement, rent growth slowed to 0.8%. Continue Reading Apartment Rents Record Greatest October Decline in Over 15 Years
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
Hochul allocated $25 billion in state investments to this initiative, which ends in 2027. Continue Reading New Report Finds NY Gov. Hochul Falling Short in 5-Year Affordable Housing Plan
NY Fed: Mortgage Rejection Rates Down Year-Over-Year
The average rejection rate of mortgage applications decreased by 2.5 percentage points to 12.1% in 2023, remaining above the 2019 rate of 10.2%. Continue Reading NY Fed: Mortgage Rejection Rates Down Year-Over-Year
NAHB Criticizes Biden for Using Defense Production Act to Boost Electric Heater Usage
“The purpose of the Defense Production Act is to expand the supply of materials and services to protect the American people, not to advance a political agenda,” said Alicia Huey, Continue Reading NAHB Criticizes Biden for Using Defense Production Act to Boost Electric Heater Usage
Sales Flat, Prices Up in California’s Housing Market
Nearly two-thirds of the state’s 31 counties registered declines in active listings from last year. Continue Reading Sales Flat, Prices Up in California’s Housing Market
Rental Housing Properties Seek to Attract Tenants with Increased Concessions
“To differentiate themselves from newer, potentially more amenity-rich apartment buildings, property managers are stepping up their game,” said Zillow’s Anushna Prakash. Continue Reading Rental Housing Properties Seek to Attract Tenants with Increased Concessions
Tredway Acquires Affordable Housing Portfolio in North Carolina
This is Tredway’s first acquisition in the state. Continue Reading Tredway Acquires Affordable Housing Portfolio in North Carolina
Habitat for Humanity Pays Tribute to Rosalynn Carter
“Mrs. Carter has helped change the lives of thousands of homeowners, empowered countless women and inspired millions of people,” said Jonathan Reckford, CEO of Habitat for Humanity International. Continue Reading Habitat for Humanity Pays Tribute to Rosalynn Carter
Hits and Misses of the Real Estate Week of Nov. 13-17
This week’s Hits and Misses looks at Chicago’s newest office property, the state of the FHA’s MMI Fund and a fight against public funding of a $1.5 billion stadium. Continue Reading Hits and Misses of the Real Estate Week of Nov. 13-17
Tech Trends: Partnership Enables the User to Become the Trusted Agent
The days of business just coming in the door with you having to do nothing are gone. Continue Reading Tech Trends: Partnership Enables the User to Become the Trusted Agent
The Most Expensive Listing Just Got Discounted – to $195 Million
The most expensive residential real estate listing just had its price slashed after five months on the market. According to a Barron's report, the Bel Air, California-based Casa Encantada, which was listed for a record-high of $250 million in June, was discounted by...
EAH Housing to Develop Affordable Housing Complex in Maui
“We are thrilled to be moving forward on this much-needed housing community in Kahului,” said Laura Hall, CEO of EAH Housing. Continue Reading EAH Housing to Develop Affordable Housing Complex in Maui
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