Redfin agents in areas affected by inclement weather report slow homebuying activity, but agents in warmer locales say buyers and sellers are active as mortgage rates stay in the high-6% range, down from 8% a few months ago The median U.S. home-sale price rose 5.1% during the four weeks ending...
Haddad Will Focus Association Efforts on Wholesale Channel Growth The Association of Independent Mortgage Experts (AIME), the leading membership organization representing the independent mortgage broker industry, announced the appointment of Jonathon Haddad as Chairman and Chief Executive Officer....
Profits on Home Sales Across U.S. Decrease for First Time Since 2011;Typical Seller Gains Remain Strong, But Decline from 60 Percent to 57 Percent;National Median Home Price Rises at Slowest Pace in 12 Years ATTOM, a leading curator of land, property and real estate data, released its Year-End...
In December, U.S. median rents dropped (-0.4%) for the eighth month in a row and across all-sized homes The U.S. rental market experienced a noticeable shift in momentum in 2023 and closed out the year with eight straight months of year-over-year price declines, according to the...
New data reveals property and financing options prospective homebuyers are willing to consider. From purchasing multi-family properties to co-owning with friends and family, prospective buyers are willing to get creative to become homeowners in the next 12 months, new data reveals. In a consumer...
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...
