U.S. Housing Market
National Median Asking Rent Down for 34th Straight Month
Las Vegas led the nation as the metro with the greatest level of renter loyalty. Continue Reading National Median Asking Rent Down for 34th Straight Month
Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
“Million-dollar starter homes are popping up in more Northeast cities because the housing shortage there hasn’t been solved,” said Kara Ng, senior economist at Zillow. Continue Reading Report: 242 Cities Have Starter Homes Valued at $1 Million and Up
Missouri Realtors Oppose Initiative to Replace State Income Tax with Increased Sales Taxes
The organization donated $1.9 million to the campaign opposing Amendment 5. Continue Reading Missouri Realtors Oppose Initiative to Replace State Income Tax with Increased Sales Taxes
Florida CFO to Voters: Don’t Fall for ‘Scare Tactics’ by Opponents of DeSantis Property Tax Proposal
The state’s leading business groups – including Florida Realtors, the Florida Chamber of Commerce, and NFIB of Florida – have yet to take a public position on the subject. Continue Reading Florida CFO to Voters: Don’t Fall for ‘Scare Tactics’ by Opponents of DeSantis Property Tax Proposal
Engel & Völkers Americas in Marketing Partnership with Ring Security Products
“As two brands that greatly value community and safety, we’re incredibly excited to collaborate with Ring,” said Katelyn Castellano, chief marketing and performance officer at Engel & Völkers Americas. Continue Reading Engel & Völkers Americas in Marketing Partnership with Ring Security Products
Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?
“These pure luxury markets are defined by geographic and structural scarcity,” said Anthony Smith, senior economist at Realtor.com. Continue Reading Which Market Boasts 99% of Active Listings Priced at $1 Million or Higher?
META Development Breaks Ground on 14-Unit Luxury Residence in Miami
Pricing starts at around $3 million. Continue Reading META Development Breaks Ground on 14-Unit Luxury Residence in Miami
Mortgage Application Activity Drops by 0.8%
The FHA share of total applications decreased to 19.3% from 19.5% the week prior. Continue Reading Mortgage Application Activity Drops by 0.8%
Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
cMurray listed his property last August for $12 million. Continue Reading Ex-NASCAR Champ Jamie McMurray Cuts $1 Million from Listing Price on Charlotte-Area Estate
Mill Creek Residential Breaks Ground on Seattle-Area Mixed-Use Development
Modera Woodmont Beach will feature 290 homes and 7,500 square feet of retail space. Continue Reading Mill Creek Residential Breaks Ground on Seattle-Area Mixed-Use Development
Hits and Misses for the Real Estate Week of March 30-April 3
Trump takes aim at State Farm, the Justice Department fights for natural gas appliances, and a mural that memorializes a crime victim is denounced as “divisive.” Continue Reading Hits and Misses for the Real Estate Week of March 30-April 3
Toll Brothers Unveils Townhome Community in Charlotte
Toll Brothers at South Park will feature residences encompassing over 2,000 square feet of open-concept living space. Continue Reading Toll Brothers Unveils Townhome Community in Charlotte
Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Davidson has been trying to sell the condo since 2022, when he listed it for $1.3 million. Continue Reading Ex-SNL Comic Pete Davidson Sells Staten Island Condo at Steep Discount
Mortgage Rates Rise for Fifth Straight Week
The 30-year fixed-rate mortgage averaged 6.46% as of April 2, up from last week when it averaged 6.38%. Continue Reading Mortgage Rates Rise for Fifth Straight Week
APW Avenue Group Acquires Reno Apartment Community for $96 Million
“Reno’s transformation is being fueled by world-class employers that are creating thousands of high-paying jobs,” said James R. Parks, founder and principal of APW Avenue Group. Continue Reading APW Avenue Group Acquires Reno Apartment Community for $96 Million
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