Just one year after announcing its intention to expand presence in premium and luxury apartment-style accommodations, Marriott has opened its first property in Puerto Rico and signed agreements in the United States, Italy, and Saudi Arabia. Marriott International, Inc. announced plans to further...
Regulations Disproportionally Benefit Higher Income Renters As communities across the nation continue to face real housing affordability challenges, too many lawmakers are considering policies to regulate rents instead of those that will increase the supply of housing and, therefore, enhance...
Homebuyers came out of the woodwork as mortgage rates posted the biggest monthly decline since 2008 Pending home sales rose 4.1% month over month in December on a seasonally adjusted basis–the biggest increase since September 2021–to the highest level in more than a year. That’s according to a...
Blackstone Remains Committed to Tricon’s Extensive Housing Development Platform, Including its Pipeline of $1 Billion of New Single-Family Homes in the U.S. and $2.5 Billion of New Apartments in Canada Plans to Improve Quality of Existing U.S. Single-Family Homes through an Additional $1 Billion...
Home Rental and Ownership Still Difficult in 2024 for Average Workers in Most of Nation; But Renting Less of a Burden in Nearly 90 Percent of Local Markets; Trend Continues Despite Rents Growing Faster Than Home Prices ATTOM, a leading curator of land, property and real estate data, released its...
High financing costs, limited inventory continue to be biggest challenges, but insurance costs and coverage are growing concerns. There were significant differences of opinion between fix-and-flip investors and rental property owners about the state of real estate investing, according to the...
By Nikita Biryukov, New Jersey Monitor New Jerseyans facing foreclosure will have a new path back to homeownership under a bill Gov. Phil Murphy signed Friday. The new law creates the community wealth preservation program, which will give homeowners facing foreclosure — plus their families...
GoDocs, the premier commercial lending document automation platform, has announced Adam Craig as its new CEO. This move signals a continued commitment to providing a true enterprise-class solution for banks, credit unions, and private lenders focused on delivering a seamless and consistent closing...
Home prices rise faster than they have in more than a year The median sale price in the Bright MLS service area increased by 8.1% in December. This is the fastest pace of price growth since May 2022. Prices were up strongly across the Mid-Atlantic region. A lack of fresh new listings fueled...
