You know the expression….cash is king. A new report from Redfin says cash is on the rise as Americans relocate to more affordable parts of the country. They point out that over 30% of home purchases so far in 2021 have been in cold, hard cash. In 2020 that figure was 25.3% and if the trend holds, 2021 could end up being the highest on record. Continue reading HERE...
Bloomberg Law has reported that a federal judge in Texas has issued a preliminary injunction against the Biden administration’s waters of the US rule (aka WOTUS). However, the injunction only applies
The U.S. government is reporting that privately‐owned housing starts in February were at a seasonally adjusted annual rate of 1,450,000, which is 9.8% higher than January’s revised number but is 18.4%
According to the latest Yardi Matrix Multifamily Report, the average U.S. multifamily rents were $1,702 in February, the same as January’s figure. Yardi says year-over-year growth continued its downw