News / Features
@properties has officially rebranded to become @properties Christie’s International Real Estate. The Chicago-based brokerage acquired the luxury real estate arm of the art auction house in December 2021.
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.
Rent growth also slowed in December, posting the lowest monthly increase since February 2020.
New homes and existing homes are appreciating at similar rates, according to a new report from CoreLogic.
StorageCafe surveyed 11,000 Americans to determine what, exactly, makes a friendly community — and where those communities are.
The financial service provider IPX1031 has conducted a study to determine the overall best states in which to own a tiny home.
“December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing.” — NAR chief economist Lawrence Yun
December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.
Despite fierce competition in the housing market, nationwide, potential homebuyers still have dealbreakers — and they’re revealed in a new study by HomeAdvisor.
While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke
Black applicants were 84% more likely to be denied a mortgage than white applicants, the data showed, an increase from the 74% disparity in 2019.
Home Partners of America has launched Choice Lease: a first-of-its-kind program offering below-market rents to qualified applicants.
“MBA expects solid growth in purchase activity this year, as demographic drivers and the strong economy support housing demand,. However, the strength in growth will be dependent on housing inventory growing more rapidly to meet demand.” — Mortgage Bankers Association associate vice president of economic and industry forecasting Joel Kan
The San Francisco Bay-area mortgage lender is licensed in 42 states.