Housing markets

Stephen Scherr starts this week as co-president at Pretium, a major landlord of U.S. single-family homes founded by his former Goldman colleague Don Mullen.

The top five cities have an average rate of housing units that were owner-occupied in 2022 of 70.32%.

Most of the investment community overall showed more favorable sentiment toward one presidential candidate than the other, but a subset of it begs to differ.

National issues such as the economy are prominent. But so are local concerns like a $10,000 limit on deductions for state and local taxes and high housing costs.

Buyers aren't necessarily responding to greater inventory and lower mortgage rates.

Mortgage applications were up and rates were down in the wake of the Federal Reserve's interest rate cut, but experts wonder will that be enough to counteract higher housing prices.

Homes are 4.4% more affordable, the first annual improvement in years, while first-time buyers with lower incomes can qualify for a median priced house.

The top five states have more than 403,000 housing units approved to begin construction in 2024, according to LendingTree.

Some recipients of the new multimillion-dollar funding announced this week include several organizations partnering with historically Black colleges and universities.

New single-family home sales decreased 4.7% last month to an annualized rate of 716,000 after rising at the fastest pace since early 2022, government data showed Wednesday.