U.S. Housing Market
The Top Luxury Housing Market Is…Detroit?
Within Detroit, the entry level into the top 10% in that market’s luxury housing sector is $721,625. Continue Reading The Top Luxury Housing Market Is…Detroit?
New Luxury Rental Community Planned for Las Vegas
The property is based 15 minutes south of the Las Vegas Strip and delivery of the first residences is estimated for mid-year 2027. Continue Reading New Luxury Rental Community Planned for Las Vegas
Realtors Sought for New Reality TV Series on Southwest Desert Markets
JS Casting has posted a casting call for “realtors with desert living expertise” for a new unscripted real estate series. Continue Reading Realtors Sought for New Reality TV Series on Southwest Desert Markets
Foreign Purchases of American Homes Up 33%
Florida, California and Texas were the top destinations. Continue Reading Foreign Purchases of American Homes Up 33%
Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
The typical homebuyer’s down payment in 2024 was roughly $63,000, equal to 16.3% of the typical home-purchase price. Continue Reading Report: Family Money Helps One-Quarter of Young Homebuyers with Down Payments
Hits and Misses for the Real Estate Week of Sept. 4-8
This week’s Hits and Misses include rough mortgage data, an effort to improve California’s affordable housing, and a high-rise with unlikely garage spaces. Continue Reading Hits and Misses for the Real Estate Week of Sept. 4-8
Long Island Man Pretending to be a Realtor Arrested in Rental Housing Scam
A man in the Suffolk County section of New York’s Long island who falsely claimed to be a realtor was arrested for scamming people out of tens of thousands of dollars for rental properties. Continue Reading Long Island Man Pretending to be a Realtor Arrested in Rental Housing Scam
New Report Examines the State of Multifamily Construction
“As access to development capital across the country diminishes and rent growth slows, multifamily starts are cooling,” said IPA’s Greg Willett Continue Reading New Report Examines the State of Multifamily Construction
US Recorded 1.7% Decline in Home Equity During Q2
The second quarter also recorded a 4% increase in the total number of homes in negative equity. Continue Reading US Recorded 1.7% Decline in Home Equity During Q2
Marilyn Monroe’s Final Home Slated for Demolition
Monroe purchased the property for $77,500 in February 1962 and died there six months later. Continue Reading Marilyn Monroe’s Final Home Slated for Demolition
West Virginia Housing Development Fund Breaks Record for Affordable Mortgage Issuance
The Fund’s Jon Rogers said “more than 100 West Virginians become first-time homeowners through our Homeownership Program” in July. Continue Reading West Virginia Housing Development Fund Breaks Record for Affordable Mortgage Issuance
Mortgage Rates Drop, But Remain Above 7% Mark
“For the fourth consecutive week, the 30-year fixed-rate mortgage hovered above 7%,” said Sam Khater, Freddie Mac’s chief economist. Continue Reading Mortgage Rates Drop, But Remain Above 7% Mark
Zillow and Realtor.com Add Rental Housing Items to Their Platforms
“Short-term rentals are a great way to help with some of the costs of homeownership,” said Realtor.com’s Mausam Bhatt. Continue Reading Zillow and Realtor.com Add Rental Housing Items to Their Platforms
NYU Acquires Luxury Manhattan High-Rise for $210 Million
NYU’s holdings within New York City now encompasses more than 15 million square feet. Continue Reading NYU Acquires Luxury Manhattan High-Rise for $210 Million
New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans
The Asian American homeownership rates in the middle- and lower-income levels are far below equal-earning non-Hispanic Whites. Continue Reading New Initiative Focuses on Advancing Affordable Homeownership for Asian Americans
