U.S. Housing Market
Lennar Corp. Debuts Single-Family Home Community in Alabama
Pricing begins in the low $200,000s. Continue Reading Lennar Corp. Debuts Single-Family Home Community in Alabama
Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million
The residence was expanded in 1841, restored in 1979, and had a new wing added in 2003. Continue Reading Colonial Era New Jersey Estate That Hosted George Washington Listed for $4 Million
Fewer Homebuyers Have Post-Purchase Regret
60% of boomers reported no regrets at all, compared to 45% of Gen X, 34% of millennials and 27% of Gen Zers. Continue Reading Fewer Homebuyers Have Post-Purchase Regret
Kentucky Home Sales Plummet in October
October’s median sales price of $270,000 held steady from the previous month and was up 1.9% from one year earlier. Continue Reading Kentucky Home Sales Plummet in October
JPMorgan Chase Allocates $40 Million for Affordable Housing Development
“We know that housing is at the root of local economic growth and homeownership is key to building generational wealth,” said JPMorgan Chase’s Tim Berry. Continue Reading JPMorgan Chase Allocates $40 Million for Affordable Housing Development
Former NYC Prison to be Repurposed as Affordable Homeownership Complex
New York Gov. Kathy Hochul said the project is part of the state’s goal to “reimagine what’s possible at underutilized jails and prisons.” Continue Reading Former NYC Prison to be Repurposed as Affordable Homeownership Complex
The Top Second Home Market for 2023 Is…
Rhode Island’s Newport County recorded a 64% year-over-year increase in second home transactions, Continue Reading The Top Second Home Market for 2023 Is…
CBC Mortgage Agency Introduces Temporary Rate Buydowns
The new feature functions as either a 2-1 buydown or a 1-0 buydown, lowering the interest in the first years of homeownership. Continue Reading CBC Mortgage Agency Introduces Temporary Rate Buydowns
Study: Mobile Home Values Increased More Than Site-Built Single-Family Homes
The average sales price of new mobile homes sold in the U.S. rose by 77.1% between 2017 and 2022. Continue Reading Study: Mobile Home Values Increased More Than Site-Built Single-Family Homes
Publix Super Markets Charities Donates $10 Million to Southeast Housing Nonprofits
Since 2015, PSMC has donated more than $43 million to nonprofits that build homes and provide emergency shelter and transitional housing. Continue Reading Publix Super Markets Charities Donates $10 Million to Southeast Housing Nonprofits
Jeremy Edmiston Named US Lead for BTR/SFR at Cushman & Wakefield
Based in Dallas, Edmiston and his team oversee a property management portfolio of 9,500 homes and a pipeline of more than 2,500 homes. Continue Reading Jeremy Edmiston Named US Lead for BTR/SFR at Cushman & Wakefield
CoreLogic: Home Prices Up 4.7% in October
CoreLogic projects that annual home price growth will relax to 2.9% by October 2024. Continue Reading CoreLogic: Home Prices Up 4.7% in October
Florida’s Priciest Property Gets Discounted
10 Tarpon Isle is now listed at $187.5 million, down from last year’s $218 million. Continue Reading Florida’s Priciest Property Gets Discounted
Leap Analytics Launches Credit Scoring Model to Improve Risk Assessment
“Traditional credit scoring models were developed decades ago to assess historical patterns in a homeowner’s ability to pay,” said Ashley Bete, Leap’s founder and CEO. Continue Reading Leap Analytics Launches Credit Scoring Model to Improve Risk Assessment
Faes & Co. Launches Private Credit Fund for Real Estate Bridging Finance
The Faes & Co Income Fund will invest in loans originated by Faes & Co.’s own group company, F2 Finance, which was launched earlier this year. Continue Reading Faes & Co. Launches Private Credit Fund for Real Estate Bridging Finance
