U.S. Housing Market
Mark Zuckerberg Drops $170 Million on Florida Estate
The property, which is still under construction, was launched in 2025 and was originally listed at $200 million. Continue Reading Mark Zuckerberg Drops $170 Million on Florida Estate
Fairfield Debuts 297-Unit Apartment Community in Denver Suburb
The development encompasses studio, one-, two-, and three-bedroom apartment homes, including 70 income-aligned residences. Continue Reading Fairfield Debuts 297-Unit Apartment Community in Denver Suburb
New York State Raises Property Tax Exemption for Seniors to 65%
Legislation S5175A/A3698A replaces the previous 50% maximum percentage of exemption local governments have been able to offer income-eligible seniors. Continue Reading New York State Raises Property Tax Exemption for Seniors to 65%
Report: Refinance Retention at 3.5-Year High
Non-banks retained refinancing borrowers at roughly three times the rate of banks (35% versus 13%). Continue Reading Report: Refinance Retention at 3.5-Year High
Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
The ban follows complaints about a rented-out residence where wild parties disrupted a neighborhood. Continue Reading Connecticut Town Bans Short-Term Airbnb Rentals After Neighbors Complain
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...
NYC Recorded Lopsided Housing Construction Filings in Q4 2023
There were only nine filings for buildings with 100 or more proposed units during this period. Continue Reading NYC Recorded Lopsided Housing Construction Filings in Q4 2023
The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
The 41-unit development offers a mix of one-, two- and three-bedroom apartments. Continue Reading The Arthur @ Blackstone, a New Affordable Housing Development, Opens in Fresno
Hits and Misses for the Real Estate Week of Feb. 5-9
This week’s Hits and Misses include an XXL-large listing price, Janet Yellen’s not-calming words and an unlikely exodus of Gen Zers into California. Continue Reading Hits and Misses for the Real Estate Week of Feb. 5-9
NAR: ‘Cooperative Compensation is Good for Consumers’
NAR Graham Wood said the organization “believes this outcome was unsupported and was largely driven by legally erroneous rulings by the judge.” Continue Reading NAR: ‘Cooperative Compensation is Good for Consumers’
Redfin: Asking Rents Flattened in January
Redfin Chief Economist Daryl Fairweather expected apartment completions to peak this year. Continue Reading Redfin: Asking Rents Flattened in January
Why Are So Many Gen Zers Moving to California?
Nearly 215,000 movers left California in 2022, but the state also recorded a net positive gain of nearly 44,000 Gen Z adults. Continue Reading Why Are So Many Gen Zers Moving to California?
Affordable Homeownership in California Remains at Historic Low
A minimum annual income of $222,800 was needed to make monthly payments of $5,570. Continue Reading Affordable Homeownership in California Remains at Historic Low
Mortgage Credit Availability Inched Up in January
“Overall credit availability remained close to 2012 lows,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Inched Up in January
Mortgage Rates Remain Stagnant
The 30-year fixed-rate mortgage averaged 6.64%, recording a scant uptick from last week when it averaged 6.63% Continue Reading Mortgage Rates Remain Stagnant
