Category: Real Estate
-
NAHB: Residential construction spending rises in May thanks to single-family sector
Strong growth of single-family construction spending drove the increase, while spending on multifamily construction was flat, the National Association of Home Builders said. Read More
-
NAR: May pending-home sales jump unexpectedly
“May’s strong increase in transactions — following April’s decline, as well as a sudden erosion in home affordability — was indeed a surprise. The housing market is attracting buyers due to the decline in mortgage rates, which fell below 3%, and from an uptick in listings.” — NAR chief economist Lawrence Yun Read More
-
S&P CoreLogic Case-Shiller: Home-price gains “truly extraordinary”
The 10-city composite index rose 1.9% on a monthly basis and 14.4% on a yearly basis, while the 20-city composite rose 2.1% monthly and 14.9% annually. Read More
-
What’s the median age for construction workers?
The median age of construction workers is 41, the same as a typical worker in the national labor force, according to the National Association of Home Builders’ analysis of the most recent 2019 American Community Survey data. Read More
-
U.S. Supreme Court rejects CDC eviction moratorium
The nationwide eviction moratorium put into place by the Centers for Disease Control last year last year will end sooner than expected, following a ruling by the U.S. Supreme Court. Read More
-
Realtors Relief Foundation launches 20th anniversary campaign
In light of the increasing number of natural disasters in recent years, the foundation commemorated its 20th anniversary by launching Hope Rising, “a campaign designed to ensure the foundation can respond to disasters as quickly and effectively as possible.” Read More
-
Landowning behemoth Walton Global steps into build-to-rent segment with huge land bank
The real estate investment and land asset-management company has identified 17 near-term development opportunities and is in advanced negotiations to develop build-to-rent communities with about 2,500 units across the country. Read More
-
Lenders accused of maternity-leave discrimination
Denying a mortgage to a woman because she is on or plans to be on maternity leave is against the law, but some lenders are accused of doing just that. Read More
-
New gated community breaks ground near Highland Heights
Located at 351 East Parker, Green Park connects to Northline Park and is the first new residential development in the Northside/Northline/East Parker community. Read More
-
Houston’s pending listings slide for the fourth week
New listings also lost their momentum during the week, lowering hopes that the limited supply of homes on the market would be replenished soon. Read More