Weekly Real Estate News
U.S. Housing Market
Hits and Misses for the Real Estate Week of March 16-20
A drop in new home sales, an increase in political trash talking, and a tribute to a multifamily sector leader. Continue Reading Hits and Misses for the Real Estate Week of March 16-20
Virginia Home Sales Up 7.4% in February
The statewide median sales price was $410,000, up 1.6% from February 2025. Continue Reading Virginia Home Sales Up 7.4% in February
Report: Median Asking Rent Down for 28th Straight Month
The new report also warned that rental affordability for minimum wage earners remains a challenge. Continue Reading Report: Median Asking Rent Down for 28th Straight Month
New Home Purchase Mortgage Applications Up 3.1% in November
The average loan size for new homes decreased from $381,404 in October to $378,063 in November. Continue Reading New Home Purchase Mortgage Applications Up 3.1% in November
New Report Names Detroit as America’s Neediest City
“The city has the third-highest share of households lacking complete plumbing facilities and the 10th-highest share lacking complete kitchen facilities,” the report said. Continue Reading New Report Names Detroit as America’s Neediest City
California Home Sales Plummet to 16-Year Low
Nearly two-thirds (31) of the state’s 50 counties registered declines in active listings from last year. Continue Reading California Home Sales Plummet to 16-Year Low
21.8% Increase in New Home Purchase Mortgage Applications
The average loan size for new homes decreased from $390,225 in October to $390,049 in November. Continue Reading 21.8% Increase in New Home Purchase Mortgage Applications
Housing Starts Surged in November
Single‐family authorizations in November were at a rate of 976,000, a 0.7% uptick from the revised October figure of 969,000. Continue Reading Housing Starts Surged in November
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
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