News / Features
“Production disruptions are so severe that many builders are waiting months to receive cabinets, garage doors, countertops and appliances.” — NAHB Chairman Jerry Konter
The sales pace of existing homes surged 6.7% in January after falling in December, as buyers got off the fence and went shopping ahead of rising interest rates, the National Association of Realtors reported.
A Houston household earning the median annual salary of $57,800 would need to spend 37% of that salary to afford the median-priced home of $334,000.
Single-family housing starts fell 5.6% from December’s revised estimate to 1,116,000, while multifamily starts slid 2.1% to 510,000, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.
January foreclosure filings were the highest since the start of the pandemic, according to a new report.
The average contract interest rate for 30-year fixed-rate mortgages backed by the Federal Housing Administration increased to 3.93% from 3.86%, the Mortgage Bankers Association said.
Across the country, 10% of ZIP codes with the largest share of children had an average home value growth of 21.3% from October 2020 to October 2021.
Pathway Homes was formed by ResiLabs, a partnership between real estate private equity investor Regis Group, single-family rental landlord Invitation Homes Inc. and venture-capital firm Fifth Wall.
A converted church in South Central Kansas city of Winfield, is for sale, offering a unique sanctuary to potential buyers.
Once upon a time in upstate New York … an enchanting tower stands. And the unique piece of real estate is up for sale.
Home-price growth is expected to average about 5% this year, far below the record-breaking pace set in 2021, RCLCO reported.
Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand.
Rising prices and rates are driving up mortgage payments which are pushing up demand for rentals.
The properties are part of a 42-community portfolio belonging to Philadelphia-based landlord Resource REIT Inc.
New homes and existing homes are appreciating at similar rates, according to a new report from CoreLogic.
Rent growth also slowed in December, posting the lowest monthly increase since February 2020.