SEATTLE, Aug. 18, 2021 The share of homes with price drops has now passed the 5% mark, according to a new report from Redfin, the technology-powered real estate brokerage. That said, home prices are still rising and homes are selling very quickly, just slightly slower than before. "The housing market is less hectic than it was in early spring, but it's still far from typical.
NEW YORK, Aug. 17, 2021 SeeCares, the world's premier AI technology platform for streamlining commercial real estate workflows, announced today that the Company has closed over $1.2 billion in transactions since the platform was first introduced to the marketplace in April 2021. These transactions were all executed in the U.S. and covered all property grades.
GREENVILLE, S.C., Aug. 16, 2021 Duke Energy (DUK) has selected two properties in South Carolina for participation in its 2021 Site Readiness Program to enhance the readiness of the sites for business and industrial development.
SEATTLE, Aug. 16, 2021 In July, 60.1% of home offers written by Redfin agents faced competition, down from a revised rate of 66.5% in June and a pandemic peak of 74.1% in April, according to a new report from Redfin, the technology-powered real estate brokerage.
BEIJING--China's new construction starts contracted for the first time this year, signaling that Beijing's resolve to further tighten financing for the property sector and curb housing speculation have yielded results. New construction starts measured by floor area dropped 0.9% in January to July compared with a 3.8% increase in the first half of the year. Real-estate investment rose 12.7% in the first seven months of the year, compared with a 15% gain in the first half,...
* July new home prices growth slows. * Fewer cities report price gains. * Property investment growth slows. China's new home prices rose at the slowest clip in six months in July, as authorities further tightened rules in the red-hot property sector, including limits on some categories of purchases.
SEATTLE, Aug. 13, 2021 The share of homes for sale with a price drop rose for the fifteenth consecutive week to 4.9%, according to a new report from Redfin, the technology-powered real estate brokerage. Key housing market takeaways for 400+ U.S. metro areas: Unless otherwise noted, this data covers the four-week period ending August 8. Redfin's housing market data goes back through 2012.
HOUSTON, Aug. 12, 2021 A Harris County jury has found that regulatory violations and negligence in the construction of a 1.2 million square foot facility used to manufacture oilfield pipe directly led to the flooding of homes in the community of Van Vleck, Texas during Hurricane Harvey in August 2017.
Key Highlights . Continued low levels of housing inventory, combined with record-low mortgage rates spurring housing demand, have caused an increase in median sales prices for existing single-family homes in all but one of 183 measured markets during the second quarter of 2021. The median sales price of single-family existing homes rose 22.9% to $357,900, an increase of $66,800 from one year ago.
SEATTLE, Aug. 12, 2021 Housing affordability improvements brought on by historically low mortgage rates and dampened rent growth are quickly evaporating as housing costs rise faster than incomes. Interest rates play a major role in determining monthly payments, a key component of affordability.
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