U.S. Housing Market
Pending Home Sales Dipped in January
Month-over-month pending home sales rose in the Midwest and West but declined in the Northeast and South. Continue Reading Pending Home Sales Dipped in January
Report: Vacant Residential Property Rate Held Steady in Q1
In 28 states and the District of Columbia, the number of zombie properties fell quarter-over-quarter. Continue Reading Report: Vacant Residential Property Rate Held Steady in Q1
Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
18W55 is now about 25% leased, with rents ranging from $4,945 for studios to $35,000 for a full-floor three-bedroom penthouse. Continue Reading Leasing Underway at New ‘Ultra-Luxury’ 18W55 in Midtown Manhattan
Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
The Builders Alliance is a collection of 10 homebuilders focused on creating time and cost savings and end-to-end project management. Continue Reading Builders Alliance Debuts Portal to Help LA Wildfire Survivors Rebuild Their Homes
Historic Baltimore Multifamily Community Sells for $5.95 Million
Built in 1927, The Baltimorean offers a mix of studios and one- and two-bedroom apartments with units averaging 385 square feet in size. Continue Reading Historic Baltimore Multifamily Community Sells for $5.95 Million
Thompson Thrift to Launch Multifamily Community in Suburban Atlanta
The company expects to begin construction in December and welcome new residents in the spring of 2025. Continue Reading Thompson Thrift to Launch Multifamily Community in Suburban Atlanta
Sunny Narang Group Joins The Real Brokerage
The team changed its name to The Rise Real Estate Group. Continue Reading Sunny Narang Group Joins The Real Brokerage
A Phil Hall Op-Ed: When President Kennedy Addressed Housing Discrimination
Editor Phil Hall recalls President John F. Kennedy’s executive order on the prevention of housing discrimination, issued on this day in 1962. Continue Reading A Phil Hall Op-Ed: When President Kennedy Addressed Housing Discrimination
NY Fed: Mortgage Rejection Rates Down Year-Over-Year
The average rejection rate of mortgage applications decreased by 2.5 percentage points to 12.1% in 2023, remaining above the 2019 rate of 10.2%. Continue Reading NY Fed: Mortgage Rejection Rates Down Year-Over-Year
NAHB Criticizes Biden for Using Defense Production Act to Boost Electric Heater Usage
“The purpose of the Defense Production Act is to expand the supply of materials and services to protect the American people, not to advance a political agenda,” said Alicia Huey, Continue Reading NAHB Criticizes Biden for Using Defense Production Act to Boost Electric Heater Usage
Sales Flat, Prices Up in California’s Housing Market
Nearly two-thirds of the state’s 31 counties registered declines in active listings from last year. Continue Reading Sales Flat, Prices Up in California’s Housing Market
Rental Housing Properties Seek to Attract Tenants with Increased Concessions
“To differentiate themselves from newer, potentially more amenity-rich apartment buildings, property managers are stepping up their game,” said Zillow’s Anushna Prakash. Continue Reading Rental Housing Properties Seek to Attract Tenants with Increased Concessions
Tredway Acquires Affordable Housing Portfolio in North Carolina
This is Tredway’s first acquisition in the state. Continue Reading Tredway Acquires Affordable Housing Portfolio in North Carolina
Habitat for Humanity Pays Tribute to Rosalynn Carter
“Mrs. Carter has helped change the lives of thousands of homeowners, empowered countless women and inspired millions of people,” said Jonathan Reckford, CEO of Habitat for Humanity International. Continue Reading Habitat for Humanity Pays Tribute to Rosalynn Carter
Hits and Misses of the Real Estate Week of Nov. 13-17
This week’s Hits and Misses looks at Chicago’s newest office property, the state of the FHA’s MMI Fund and a fight against public funding of a $1.5 billion stadium. Continue Reading Hits and Misses of the Real Estate Week of Nov. 13-17
