August 2024

Image The U.S. Green Building Council’s Heather Payson and Wes Sullens share their perspectives on the building sector’s sustainability journey and the path forward for decarbonizing commercial real...

Image The U.S. Green Building Council’s Heather Payson and Wes Sullens share their perspectives on the building sector’s sustainability journey and the path forward for decarbonizing commercial real...

Based on ATTOM's newly released third-quarter 2024 Vacant Property and Zombie Foreclosure Report, almost 1.4 million (1,357,423) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 76 homes, across the nation - roughly the same as in the second quarter of this year. The report also reveals that 222,934 residential properties in the U.S. are in the process...

The baby boomer generation is “slipping through the cracks” of the U.S. retirement system due to the rising prices of home insurance across the country, according to an analysis from online insurance marketplace Insurify. “A new source of financial strain on retiree budgets is homeowners insurance premiums, which have skyrocketed by 20% between 2021 and 2023,” the report stated, citing data...

By maintaining a consistent posture that is informed by the dynamics of the traditional forward mortgage business, Rate’s reverse mortgage division has seen notable growth in the year after the appointment of new leadership. Ryan Ogata, Rate’s executive vice president of reverse mortgage lending, previously described how his experience in the forward lending business helped to inform the way he...

Unsold inventory in the two biggest housing markets in the country, Texas and Florida, declined this week. There are fewer homes for sale now than a week ago. Inventory seems to have peaked for the season and is slowly inching down. There appears to be two reasons we’re seeing a seasonal peak in unsold inventory now, when last year inventory in these states didn’t peak until the end of...

Affordable homes have long been in short supply for lower-income households, but data released Monday by Redfin showed positive signs for the starter-home segment. According to Redfin, pending sales of starter homes grew 10.2% year over year in July to reach their highest level since October 2022. This was in stark contrast to three other market segments that posted declines in the number of pending...

Since Aug. 13, the U.S. Department of Housing and Urban Development (HUD) has announced disaster relief efforts across six states due to presidentially declared major disasters resulting from a hurricane, flooding, tornadoes and landslides. A few days after President Joe Biden issued a major disaster declaration in Florida stemming from Hurricane Denby, HUD announced the implementation of federal...

Back in April, we reported on this newly listed Manhattan Beach property that was aiming for the crown. Landing hot on the market with a $25 million asking price, the 5-bedroom oceanfront house with a coveted address on The Strand was looking to set a new real estate record. Fast forward to July, and the 2000-built home had already found a buyer; and not just any buyer, but one that paid nearly the full...

Mid-tone blues, warm grays, and colorful trim are creating serene and sophisticated home exteriors this year. Courtesy of Benjamin Moore Although neutrals remain popular for home exteriors, you’ve likely noticed more color coming into your neighborhood. “We have always seen a strong presence of classic neutrals on exteriors, but during the past few years we’ve also seen an interesting...