U.S. Housing Market
Groundbreaking for $36 Million Mixed-Use Development in South Carolina
The community will include over 650 multifamily units and encompass more than 95 acres of commercial property. Continue Reading Groundbreaking for $36 Million Mixed-Use Development in South Carolina
New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
Pre-leasing is set to begin in fall 2026 with apartments ready for residents by late 2026. Continue Reading New 135-Unit Apartment Community Being Built in Twin Cities Metro Area
New Partnership Seeks to Educate Prospective Homebuyers
The Future Homebuyer Initiative will consist of 10 events across the country. Continue Reading New Partnership Seeks to Educate Prospective Homebuyers
Hits and Misses for the Real Estate Week of June 30-July 4
Property tax reform in Missouri, the future of Pope Leo’s childhood home, and Kim Jong Un’s beachfront resort. Continue Reading Hits and Misses for the Real Estate Week of June 30-July 4
Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
Lopez and Affleck, who married in July 2022, acquired the 38,000-square-foot estate in May 2023 for $60.8 million. Continue Reading Who Wants to Buy Jennifer Lopez and Ben Affleck’s Beverly Hills Mansion? Answer: No One
Active Listings Fall Below Pre-Pandemic Levels
Last month, the active housing inventory was 47.8% below the July 2019 level. Continue Reading Active Listings Fall Below Pre-Pandemic Levels
Zillow Acquires Real Estate Photography Software Platform Aryeo
Aryeo was founded in 2019 by three former real estate photographers. Continue Reading Zillow Acquires Real Estate Photography Software Platform Aryeo
Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Cher bought the property in 1991 for $1.5 million and sold it five years later for $4.35 million. Continue Reading Cher’s Former Miami Beach Mansion Listed at $42.5 Million
Mortgage Rates Inch Closer to the 7% Mark
Freddie Mac’s Sam Khater attributed the rising rates to “upbeat economic data and the U.S. government credit rating downgrade.” Continue Reading Mortgage Rates Inch Closer to the 7% Mark
Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts
The enhancement is designed to expandaccess to homeownership by qualified self-employed borrowers. Continue Reading Freddie Mac Expands Income Data Sourcing to Include Tax Transcripts
Guest Opinion: A Possible Plan to Increase the Housing Stock While Improving Affordability
At each four-month interval during the two years, the program would be re-assessed for its efficacy. Continue Reading Guest Opinion: A Possible Plan to Increase the Housing Stock While Improving Affordability
Capital Square Launches LLC Offering to Fund Single-Family BFR Development Near Phoenix
“This is an exciting opportunity to invest in a high growth Southwest market,” said Capital Square Co-CEO Louis Rogers. Continue Reading Capital Square Launches LLC Offering to Fund Single-Family BFR Development Near Phoenix
Mortgage Application Activity Slows Again
The refinance share of mortgage activity inched up to 28.9% of total applications from 28.7% in the previous week. Continue Reading Mortgage Application Activity Slows Again
Zillow and Redfin Partner on New-Construction Listings Endeavor
“This is a win-win-win for our customers, agents and the builders who advertise with Zillow, who will now reach the homebuyers on Redfin,” said Redfin’s Adam Wiener. Continue Reading Zillow and Redfin Partner on New-Construction Listings Endeavor
FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million
The program provides $15,000 in down payment assistance to those who are first-time nonwhite homebuyers in Indiana and Michigan. Continue Reading FHLBank Indianapolis Increases HomeBoost Allocation to $2.5 Million
