Real Estate giant NRT LLC, a subsidiary of Realogy Holdings Corp., has opened a national residential property management division and acquired a leading firm with 1,600 rentals on its books.
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Out of 173 metropolitan areas surveyed, 71 percent showed increases in the median price of existing single-family homes, down from 74 percent in the first quarter, according to NAR’s latest quarterly report.
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Carol Galante will depart from her role leading FHA by the end of the year, leaving the agency at a time when it continues to struggle with how to expand access to mortgage credit.
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From 2010 to 2020, immigrants could account for more than one-third of the growth in home owners, according to the Research Institute for Housing America.
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California tech hubs continue to rank at the top among high-income areas of the country, but other states are also seeing wages rise.
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Cities in the central part of the U.S. are now feeling the affects of skyrocketing rents, and the problem is expected to only get worse in every corner of the country.
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