Trends
The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.
New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.
Data from the RE/MAX National Housing Report suggests the housing market is on its way to rebalancing.
Mortgage applications declined 1.2% during the week ended Sept. 9, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey.
Modern homes are still the most popular interior design style, according to a new study from Confused.com, a financial services comparison website based in the U.K.
On a year-over-year basis, new-home mortgage applications were down 5.9% in May, the Mortgage Bankers Association reported, citing its Builder Application Survey.
Single-family housing starts were up 4.2% from April and 49.8% from May 2020, at 1,098,000, according to the U.S. Census Bureau and Department of Housing and Urban Development.
Rising property values had homeowners cashing out of their existing residences to buy bigger homes in less-expensive areas last year.
The national year-over-year gain is the highest recorded since December 2005, Craig Lazzara, managing director and global head of index investment strategy at S&P Dow Jones Indexes, said in a press release.
Transcendent Electra, a partnership between Transcendent Investment Management and Electra America, has $496 million of properties in contract process and closing and another $1 billion in the pipeline.
The NAHB attributed the monthly increase in its construction spending index to single-family construction and single-family improvements, both of which rose by 2% on a monthly basis. Multifamily construction, meanwhile, declined 0.3% after falling 0.9% in February.
The COVID-19 pandemic is accelerating migration across the country, following moving patterns that began in prior years, according to a new report.
A new report ranks the glamour capitals of America — as well as the glamour deserts.
As the housing market heated up this summer, selling to an iBuyer became a less attractive option for many profit-minded homeowners.
An ongoing shortage of existing homes on the market has made newly constructed homes especially desirable.
A new Redfin report shows condos are selling for a record 17% discount to single-family homes as the coronavirus fuels demand for space.