U.S. Housing Market
Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Rourke vehemently denied knowledge of a GoFundMe campaign to fight the eviction. Continue Reading Eviction-Threatened Mickey Rourke Vacates Rented Los Angeles House
Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
The first close marks the beginning of the Impact Fund’s acquisition phase, with Bridge Housing anticipating the purchase of approximately 20 properties totaling an estimated 3,500 units. Continue Reading Bridge Housing Exceeds $90 Million at First Close of New Impact Fund
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
Builder Confidence Inches Up Slightly, But Pessimism Remains
The latest HMI survey also found 40% of builders were cutting prices in December. Continue Reading Builder Confidence Inches Up Slightly, But Pessimism Remains
Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
The multifamily developer Thompson Thrift announced that it will develop Wrenly, a 214-unit community in the Atlanta suburb of Newnan, Georgia. Continue Reading Thompson Thrift to Develop 214-Unit Multifamily Community in Atlanta Suburb
Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Since 1985, incomes have risen 3.2 times while home prices rose 5.6 times during the same period. Continue Reading Study: Home Prices Outpaced Inflation by 2.4x Since 2013
Redfin Expands Sign & Save Program for Homebuyers
The program was piloted in a handful of markets last September and was launched in additional markets in January. Continue Reading Redfin Expands Sign & Save Program for Homebuyers
DR Horton Makes Strategic Investment in 3D Printing Construction Firm
The homebuilder D.R. Horton (NYSE:DHI) has made a strategic investment in Apis Cor, a manufacturer of construction 3D printing robotic technologies. According to the companies, they will collaborate on a multi-unit construction project in South Florida after the...
Pennsylvania Homeowner Assistance Fund to Reopen
PHFA estimated that between $48 million and $50 million in remaining PAHAF funds will be available. Continue Reading Pennsylvania Homeowner Assistance Fund to Reopen
Inflation Up in February – How Will That Impact Fed Rate Cuts?
“The heavyweight component of housing/shelter decelerated to 5.7%,” said NAR Chief Economist Lawrence Yun. Continue Reading Inflation Up in February – How Will That Impact Fed Rate Cuts?
A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?
“What the housing market needs most to address the affordability crisis is more supply,” said Redfin Chief Economist Daryl Fairweather. Continue Reading A Phil Hall Op-Ed: Will the Housing Affordability Shortage Cost Biden the Election?
HUD Secretary Marcia Fudge to Step Down
HUD Deputy Secretary Adrianne Todman will serve as acting secretary after Fudge’s departure. Continue Reading HUD Secretary Marcia Fudge to Step Down
MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs
President Biden has spent several months denouncing “junk fees” and raised the subject in his politically charged State of the Union speech last Thursday. Continue Reading MBA CEO Broeksmit Challenges CFPB Claims of ‘Junk Fees’ in Closing Costs
New Fund Focuses on Discounted Arizona Multifamily Properties
“This is a golden opportunity to invest in multifamily apartment buildings at a discount,” said Neighborhood Ventures CEO Jamison Manwaring. Continue Reading New Fund Focuses on Discounted Arizona Multifamily Properties
The Best Market for Rental Housing Is…
However, there were more than a few markets where renters are paying steep premiums. Continue Reading The Best Market for Rental Housing Is…
