U.S. Housing Market
Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
Tri Pointe Homes will continue as a wholly owned subsidiary of Sumitomo Forestry America Inc. Continue Reading Japan’s Sumitomo Forestry Acquires Tri Pointe Homes for $4.5 Billion
DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
In his lawsuit, Schwalb alleged the Razjooyans have violated the District’s Consumer Protection Procedures Act, the District’s False Claims Act, and the federal RICO Act. Continue Reading DC Attorney General Files Lawsuit to Dismantle ‘Slumlord Empire’
HUD Directs Public Housing Authorities to Verify Citizenship of Tenants
HUD added that it planned recapture funding for payments made on behalf of ineligible and deceased tenants. Continue Reading HUD Directs Public Housing Authorities to Verify Citizenship of Tenants
Alabama Homes Sales Record Uptick Amid Expanded Active Listings
The median sales price increased by $33,726 compared to a year ago to $245,615, a 15.9% spike. Continue Reading Alabama Homes Sales Record Uptick Amid Expanded Active Listings
Hits and Misses for the Real Estate Week of Jan. 19-23
The Supreme Court considers the Federal Reserve, a once-grand mall faces oblivion, and New York City’s new mayor has a plumbing update. Continue Reading Hits and Misses for the Real Estate Week of Jan. 19-23
Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
The three-story, Tudor-style 5,300-square-foot residence on a 2.02-acre property was built in 1901. Continue Reading Louis CK Cuts Price Nearly in Half on Shelter Island Estate Listing
Hits and Misses for the Real Estate Week of Aug. 4-8
An unwelcome package in the mail, another retailer declaring bankruptcy, and an unlikely new officer at a tenants’ right nonprofit. Continue Reading Hits and Misses for the Real Estate Week of Aug. 4-8
Apartment Rent Growth Continues to Slow
July marked the sixth straight month of flat or negative monthly growth. Continue Reading Apartment Rent Growth Continues to Slow
Price Premium for New Construction Drops to Record Low
New build list prices declined in 30 of the nation’s 100 largest metros, with the steepest declines in the South. Continue Reading Price Premium for New Construction Drops to Record Low
Multifamily Developer Confidence Up Slightly During Q2
“Multifamily developer confidence and sentiment are showing slight signs of improvement when compared to this time last year,” said Debra Guerrero, chairman of NAHB’s Multifamily Council. Continue Reading Multifamily Developer Confidence Up Slightly During Q2
Mortgage Rates Decline to Lowest Level Since April
The 30-year fixed-rate mortgage averaged 6.63% as of Aug. 7, down from last week when it averaged 6.72%, according to the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). A year ago at this time, it averaged 6.47%. The 15-year fixed-rate...
Kolter Homes Unveils New Gated Community in Florida
Scheduled to open in the summer, the homes at The Cove at Park Trace will feature single-story floor plans with two to five bedrooms. Continue Reading Kolter Homes Unveils New Gated Community in Florida
Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
“I now live in Florida because of Elizabeth Warren,” said the “Shark Tank” star. Continue Reading Kevin O’Leary Says He’s Moving From Boston Because of Elizabeth Warren
Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
The community located 20 minutes from Disneyland has a median listing price of more than $1 million. Continue Reading Why Did a Disneyland-Area Suburb Agree to a Property Tax Hike?
Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes
“We can deliver homes to Texas, Oklahoma, Louisiana, Arkansas, and parts of New Mexico,” said the company in a press statement. Continue Reading Oak Creek Homes to Hold ‘Tax-Free Weekend Sale’ on Factory-Built Homes















