The Promise Homes Company, one of the largest minority-led managers of institutional-quality and CRA-eligible, single-family residential rental homes, announced the appointment of John Ehle as CEO. Ehle will succeed founder John Hope Bryant, who transitioned […]
Three new data reports offer greater insight regarding the state of today’s rental housing market. Rents have outpaced wages in 44 of the 50 largest metros since 2019, according to data from Zillow Group (NASDAQ:Z, […]
When it comes to cities with a surplus number of millionaire residents, the U.S. is the global leader in the 2024 World’s Wealthiest Cities Report published by international wealth migration specialists Henley & Partners in collaboration with […]
National Association of Realtors (NAR) Chief Economist Lawrence Yun is predicting interest rates will fall in the long term, while existing home sales will rise to 4.46 million this year (up 9% from 4.09 million […]
A bill proposed by state lawmakers seeks to prevent skyrocketing rental costs for 25,000 co-op apartment dwellers in buildings with ground leases — including some in Manhattan’s wealthiest neighborhoods. Most co-ops own the building and the land […]
It’s no secret that some Midtown office corridors are doing better than others. Even so, a new Savills survey contains a remarkable finding: Park Avenue’s current availability rate of 8.9% not only compares favorably to […]
AI-powered real estate assistant Sidekick unveiled a partnership with the San Francisco Association of Realtors (SFAR) on Monday. The collaboration will allow the region’s 4,000 agents to leverage Sidekick’s integrated datasets and workflows, making […]
Following an announcement that the U.S. Department of Housing and Urban Development (HUD)’s Office of Policy Development and Research is seeking public comment related to application and origination documents for the Federal Housing Administration […]
Legendary investor Warren Buffett and Greg Abel, the CEO of Berkshire Hathaway Energy, addressed the commission lawsuits and HomeServices of America’s recently announced settlement of the suits, during Berkshire Hathaway’s annual shareholder meeting on […]
U.S. home prices continued to climb in March as a persistent shortage of homes for sale helped to buoy the housing market, according to the Intercontinental Exchange (ICE) Home Price Index. And while prospective […]
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