U.S. Housing Market
Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million
The Washington, DC-based Penzance plans to make new investments across the Mid-Atlantic, from New Jersey to South Carolina, during 2026. Continue Reading Real Estate Fund Manager Penzance Acquires Four Multifamily Properties for $200 Million
Hulk Hogan’s Florida Estate Listed at $10.9 Million
The three-story, 5,400-square-foot residence in Clearwater Beach was Hogan’s home since 2012. Continue Reading Hulk Hogan’s Florida Estate Listed at $10.9 Million
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
$21.5 Million Sale of Charleston Mansion Breaks City Record
The property at 51 East Bay Street encompasses four structures totaling over 15,700 square feet. Continue Reading $21.5 Million Sale of Charleston Mansion Breaks City Record
Report: More Californians Can Afford to Buy a Home
The statewide median price of existing single-family homes in California fell by 2% from the second quarter to the third quarter. Continue Reading Report: More Californians Can Afford to Buy a Home
Investors Bought 26% of Affordable Homes During Q4 2023
Single-family homes represented 68.6% of investor purchases in the fourth quarter. Continue Reading Investors Bought 26% of Affordable Homes During Q4 2023
Guild Mortgage Acquires Academy Mortgage Corp.
This transaction is Guild’s sixth acquisition since 2021. Continue Reading Guild Mortgage Acquires Academy Mortgage Corp.
Mortgage Application Activity Down 2.3%
The Refinance Index decreased 2% from the previous week and was 12% higher than the same week one year ago. Continue Reading Mortgage Application Activity Down 2.3%
Foreclosure Activity is On the Rise
Monthly increases in foreclosure completions were recorded in 19 states. Continue Reading Foreclosure Activity is On the Rise
Homeowners Staying Longer in Their Houses
The typical U.S. homeowner has spent 11.9 years in their home. Continue Reading Homeowners Staying Longer in Their Houses
Regent Properties Previews Plans for New California Community
Construction is set to start in 2025, and homes are expected to be move-in ready by 2026. Continue Reading Regent Properties Previews Plans for New California Community
Florida and Texas Lead the Nation for Master-Planned Community Sales
Florida MPCs accounted for 40% of new home sales in the top 50 list while developments in Texas followed closely with 34%. Continue Reading Florida and Texas Lead the Nation for Master-Planned Community Sales
Mattamy Homes Purchases 49 Acres for North Carolina Community
The Orlando-headquartered homebuilder Mattamy Homes announced the expansion of its presence in Harnett County, North Carolina, with the purchase of 49 acres that will become the site of the upcoming Cardinal Landing community. The new community will consist of 140...
A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?
Editor Phil Hall considers why some brokers feel the “impact of commission lawsuits” will challenge how they do business this year. Continue Reading A Phil Hall Op-Ed: Who’s Afraid of the Sitzer/Burnett Verdict?
New Study Finds Poor Air Quality Powers Outbound Migration
If there is a theme song for some of today’s outbound migration trends, it could be The Hollies’ “All I Need is the Air That I Breathe” – a new data report by Redfin (NASDAQ:RDFN) found that 1.2 million more people moved out of than into metros facing high risk from...
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