Real Estate

Pending U.S. home sales edge higher 0.7% in May

Pending U.S. home sales edge higher 0.7% in May

Compared to a year ago, three out of four regions – Northeast, South, and West – posted double-digit pending sales…
Greystar breaks ground on 500,000 SF Whisper 35 industrial project in San Marcos

Greystar breaks ground on 500,000 SF Whisper 35 industrial project in San Marcos

South Carolina-based developer Greystar has broken ground on Phase II of Whisper 35, a 500,000-square-foot...
Existing U.S. home sales fell 3.4% in May; median sales price surpasses $400,000 for the first time

Existing U.S. home sales fell 3.4% in May; median sales price surpasses $400,000 for the first time

Key Highlights Existing-home sales declined for the fourth straight month to a seasonally adjusted annual rate of 5.41 million. Sales…
Central Texas housing inventory improves while closings remain robust in May

Central Texas housing inventory improves while closings remain robust in May

AUSTIN, TX — According to the Austin Board of REALTORS May 2022 Central Texas Housing Market Report, active listings experienced triple-digit percentage…
More than 1 in 4 Texas homes purchased by businesses in 2021, double the U.S. average

More than 1 in 4 Texas homes purchased by businesses in 2021, double the U.S. average

Texas had the highest percentage of homes sold to institutional buyers in 2021, according to a new report by the National Association…
San Marcos rental rates below state median

San Marcos rental rates below state median

The Zumper Austin Metro Area Report analyzed active listings last month across 7 metro cities to show the most and…
Pending home sales descend 3.9% in April

Pending home sales descend 3.9% in April

Pending home sales slipped in April, as contract activity decreased for the sixth consecutive month, the National Association of Realtors…
First-time Texas homebuyers need $10,000 more income to buy $229,000 house

First-time Texas homebuyers need $10,000 more income to buy $229,000 house

Rising mortgage interest rates continue to push potential buyers, particularly first-time buyers, out of the market for homeownership, says the…
Homeowner and rental vacancy rates declined during COVID-19 pandemic

Homeowner and rental vacancy rates declined during COVID-19 pandemic

Housing vacancy rates — both for homeowner and rental housing — are at or near historic lows, according to the…
Existing U.S. home sales retract 2.4% in April

Existing U.S. home sales retract 2.4% in April

Month-over-month sales were split amongst the four major U.S. regions, with two areas posting gains and the other two experiencing…
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