U.S. property taxes increased twice as fast in 2023 compared to prior year

U.S. property taxes increased twice as fast in 2023 compared to prior year

U.S. property taxes on single-family homes rose twice as fast in 2023 as they did in 2022, with a total of $363.3 billion levied compared to $339.8 billion one year earlier. This... Read more »
Advisory firm CEO discusses outlook for U.S. housing prices

Advisory firm CEO discusses outlook for U.S. housing prices

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Meredith Whitney, founder and CEO of Meredith Whitney Advisory Group, says supply-demand dynamics will probably “invert,” with supply set... Read more »
Rent prices across the U.S. grew in March, with one exception

Rent prices across the U.S. grew in March, with one exception

  Ascentxmedia | E+ | Getty Images Rent prices for one- and two-bedroom apartments grew in March for the first time in six months. The monthly cost for a one-bedroom apartment across... Read more »
Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com

Renters gain financial edge over homebuyers in key U.S. markets: Realtor.com

As first-time homebuyers contemplate their housing options, the financial calculus between renting and owning is essential. Against the backdrop of elevated mortgage rates and soaring home prices, discerning the evolving financial dynamics... Read more »
Montebello Warehouse Will Serve as Tenant’s First U.S. “Last Mile” Facility

Montebello Warehouse Will Serve as Tenant’s First U.S. “Last Mile” Facility

DAUM Commercial Real Estate Services completed the lease of a 2.2-acre industrial property with a 54,648 square-foot freestanding Class A logistics facility at 1215 E. Washington Blvd. in Montebello. The total consideration for... Read more »
Homebuilding Drops in California, but Falls Faster in U.S.

Homebuilding Drops in California, but Falls Faster in U.S.

Homebuilding permits across the Golden State fell last year, but not as fast as across the U.S. California developers filed permits for 111,221 homes last year, 6 percent fewer than in 2022,... Read more »
RE/MAX looks to teams to boost its U.S. agent count

RE/MAX looks to teams to boost its U.S. agent count

These results came as the number of existing home sales dropped 18.7% year over year in 2023 to a near 30-year low of 4.09 million. RE/MAX’s U.S. agent count, meanwhile, fell from... Read more »
U.S. foreclosure activity ticked up significantly in January: Attom

U.S. foreclosure activity ticked up significantly in January: Attom

In January, the number of properties with a foreclosure filing inched up on both a monthly and a yearly basis, according to a report released Tuesday by Attom Data. In total, 33,270... Read more »
RE/MAX looks to teams to boost its U.S. agent count

U.S. inflation hotter than expected in January

The Consumer Price Index rose more than forecasted in January, highlighting again the bumpy road to disinflation. Consumer prices were up 3.1% in January from a year earlier, down from 3.4% in... Read more »
How RealPage influences rent prices across the U.S.

How RealPage influences rent prices across the U.S.

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email RealPage software is used to set rental prices on 4.5 million housing units in the U.S. A series of... Read more »