U.S. Housing Market
Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes
“Today Democrats are introducing legislation to stop Wall Street from snapping up homes in bulk and jacking up rent for families,” said Sen. Elizabeth Warren. Continue Reading Senate Democrats Offer Bill to Discourage Institutional Investors from Buying Single-Family Homes
Nearly 14% of Home Sales Canceled During January
Homebuyers need to earn $111,000 per year to afford the typical home, about $25,000 more than the median household income. Continue Reading Nearly 14% of Home Sales Canceled During January
Home Sales Activity Climbs in New York State
The median sales price was also on the rise, reaching $431,000 last month. Continue Reading Home Sales Activity Climbs in New York State
Pennsylvania Home Sales Up by 6.4%
The median price for the homes sold last month was $300,000. Continue Reading Pennsylvania Home Sales Up by 6.4%
New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
The report observed that corporate ownership exceeds 20% in communities including St. Louis, Missouri; Harrisonburg, Virginia; and Franklin County, Ohio. Continue Reading New Study Finds Nearly 9% of Residences Owned by Corporate Entities and Investors
Thompson Thrift Announces Latest Florida Community
The property will be Thompson Thrift’s 14th residential community in the state. Continue Reading Thompson Thrift Announces Latest Florida Community
A Phil Hall Op-Ed: HUD’s Self-Congratulatory Accolades
Editor Phil Hall considers a HUD press release highlighting the “unprecedented homeownership achievements” of Secretary Marcia L. Fudge. Continue Reading A Phil Hall Op-Ed: HUD’s Self-Congratulatory Accolades
The Bainbridge Companies Opens First Developed Community in Texas
“Bainbridge Creekside marks our first official build in Texas,” said Mario Gonzalez, vice president of development. Continue Reading The Bainbridge Companies Opens First Developed Community in Texas
Hits and Misses for the Real Estate Week of Dec. 4-8
This week’s round-up includes a governor who wants to build a lot of starter homes, an unlikely choice for Person of the Year and Jamie Dimon’s cantankerous slam of cryptocurrency. Continue Reading Hits and Misses for the Real Estate Week of Dec. 4-8
Tech Trends: Using Technology to Take Advantage of Falling Mortgage Rates
“Brokers deserve access to the same quality tools as their enterprise lender colleagues,” said Floify President and General Manager Sofia Rossato. Continue Reading Tech Trends: Using Technology to Take Advantage of Falling Mortgage Rates
MG Properties Acquires Denver Apartment Community for $76 Million
“This investment reflects our confidence in Denver’s economic growth potential,” said Jeff Gleiberman, president of MG Properties. Continue Reading MG Properties Acquires Denver Apartment Community for $76 Million
AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
The lawsuit claims the companies allegedly added unlawful fees for appraisals, inspections, property preservation, and attorneys’ fees or costs. Continue Reading AARP Foundation Joins Class Action Lawsuit Against Reverse Mortgage Companies
Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
For the first year since 2020, Covid was not among the most common reasons for projects not being completed. Continue Reading Study: Americans Spent an Average of $13K on Home Repairs and Renovations This Year
Ashcroft Capital Adds South Florida Community to its Portfolio
The acquisition marks Ashcroft’s 10th apartment community within Florida and its first in the South Florida market. Continue Reading Ashcroft Capital Adds South Florida Community to its Portfolio
New Bill Would Ban Hedge Funds from Owning Single-Family Homes
“The housing in our neighborhoods should be homes for people, not profit centers for Wall Street,” said Sen. Jeff Merkley. Continue Reading New Bill Would Ban Hedge Funds from Owning Single-Family Homes
