U.S. Housing Market
Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
“Housing affordability is one of the defining economic challenges of our time, and increasing supply is essential to addressing it,” said Jane Fraser, CEO and board chairwoman of Citi. Continue Reading Citi Debuts $60 Billion Blueprint for Housing Opportunity Initiative
Tech Trends: Digital Tools for the Homebuyer
In the UK, 54% of identity verification checks are done manually. Continue Reading Tech Trends: Digital Tools for the Homebuyer
Wisconsin Home Sales and Prices Up During October
The median price increased to $331,500, which is a 6.9% increase over the last 12 months. Continue Reading Wisconsin Home Sales and Prices Up During October
Median for Luxury Home Sales Prices Hit New Record High for October
Last month’s price was a 5.5% year-over-year increase. Continue Reading Median for Luxury Home Sales Prices Hit New Record High for October
Virginia Home Sales Jumped by 3.1% in October
The statewide median sales price was $430,000, a $15,000 or 3.6% increase from October 2024. Continue Reading Virginia Home Sales Jumped by 3.1% in October
A Phil Hall Op-Ed: What Will 2024 Offer Us?
Editor Phil Hall offers a few predictions on the state of the economy and housing world in 2024. Continue Reading A Phil Hall Op-Ed: What Will 2024 Offer Us?
Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
“The properties represent 11% of the total market-rate housing stock in Thousand Oaks,” said Kevin Green, IPA executive managing director investments. Continue Reading Institutional Property Advisors Brokers $171 Million California Multifamily Portfolio Sale
Builder Confidence Rises for First Time in Four Months
NAHB Chairman Alicia Huey said, “Boosting new home production is the best way to ease the affordability crisis, expand housing inventory and lower inflation.” Continue Reading Builder Confidence Rises for First Time in Four Months
Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds
The report found the asking rates for same-store climate-controlled units fell in all major metros. Continue Reading Study: Self Storage Industry Being Impacted by Housing Market’s Headwinds
Hits and Misses for the Real Estate Week of Dec. 11-15
This week’s Hits and Misses include the Fed’s mixed messaging, Dolly Parton’s embrace of commercial real estate and startling new data on homelessness. Continue Reading Hits and Misses for the Real Estate Week of Dec. 11-15
Rod Stewart Hikes Price on Beverly Hills Mansion to $80 Million
Some of Stewart’s neighbors include Denzel Washington, Justin Bieber and Barry Bonds. Continue Reading Rod Stewart Hikes Price on Beverly Hills Mansion to $80 Million
Construction Starts on New Affordable Housing Community in San Antonio
The first Nova Loft units will be ready for leasing January 2025 and the entire development is slated for completion by April 2025. Continue Reading Construction Starts on New Affordable Housing Community in San Antonio
Los Angeles Affordable Housing Community to Be Built on Former Industrial Site
A new six-story mixed-use apartment complex is now under construction. Continue Reading Los Angeles Affordable Housing Community to Be Built on Former Industrial Site
Median Rents in Manhattan Drop for the First Time in More Than Two Years
Manhattan’s median rents hit a record high of $4,400 in August. Continue Reading Median Rents in Manhattan Drop for the First Time in More Than Two Years
Mortgage Rates Drop Below the 7% Mark
The 30-year fixed-rate mortgage averaged 6.95% as of Dec. 14. Continue Reading Mortgage Rates Drop Below the 7% Mark
