U.S. Housing Market
FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
FCP has retained Greystar to manage the property. Continue Reading FCP Acquires 151-Unit Charlotte-Area Apartment Community for $41 Million
Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
The residence, which was custom-built in 2002 for Jones, features five bedrooms, 12 bathrooms, and five half-bathrooms. Continue Reading Listing Price Cut for Second Time on Quincy Jones’ Bel Air Estate
Apartment Rents Up by Scant 0.1% in December
This mild uptick reversed the previous five consecutive month trend of flat or negative monthly rent change. Continue Reading Apartment Rents Up by Scant 0.1% in December
Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
“This will drive Mortgage Rates DOWN, monthly payments DOWN, and make the cost of owning a home more affordable,” he posted on Truth Social. Continue Reading Trump Announces His ‘Representatives’ Will Buy $200 Billion in Mortgage Bonds
Mortgage Rates Record Slight Increase
A new data report from Redfin found the median monthly housing payment fell to $2,365 during the four weeks ending Jan. 4. Continue Reading Mortgage Rates Record Slight Increase
Mortgage Application Activity Up 12.5%
The Refinance Index increased 16% from the previous week and was 28% higher than the same week one year ago. Continue Reading Mortgage Application Activity Up 12.5%
Canada’s RARE Real Estate Expands Into US Market
The company became a household name through the Amazon Prime series “Luxe Listings Toronto.” Continue Reading Canada’s RARE Real Estate Expands Into US Market
Mortgage Credit Availability at Highest Level in Nearly 3 Years
“Credit supply increased to its highest level since August 2022,” said MBA’s Joel Kan Continue Reading Mortgage Credit Availability at Highest Level in Nearly 3 Years
Tech Trends: Efficiency Improving Platforms
This week, Tech Trends highlights four platforms designed to improve the lives of homebuyers, real estate agents and roofing professionals. Continue Reading Tech Trends: Efficiency Improving Platforms
Foreclosure Activity Down Slightly in May
Nationwide, one in every 4,009 housing units had a foreclosure filing last month. Continue Reading Foreclosure Activity Down Slightly in May
California Program to Offer Mortgage Relief to Disaster Victims
Eligible homeowners will be able to apply for grants covering up to three months of mortgage payments, up to $20,000 total. Continue Reading California Program to Offer Mortgage Relief to Disaster Victims
Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Simmons acquired the property for $670,000 in the early 1980s when his celebrity status began to rise. Continue Reading Richard Simmons’ Hollywood Hills Estate Listed for $6.9 Million
Hits and Misses for the Real Estate Week of June 2-6
Different strategies for financing new stadiums, problematic approaches to cutting property taxes, and a misguided attempt to generate five-star online reviews. Continue Reading Hits and Misses for the Real Estate Week of June 2-6
Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Office space will be preserved on the fourth and fifth floors. Continue Reading Philadelphia’s Historic Wanamaker Building to Undergo Office-to-Residential Conversion
Las Vegas Home Sales Decline Amid Wider Listings
The median price for existing single-family homes in this market was $480,000, unchanged from one year earlier. Continue Reading Las Vegas Home Sales Decline Amid Wider Listings
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