National News

Who made up the National Association of Home Builders in 2020?

The National Association of Home Builders published the results of its Special Study for Housing Economics, highlighting the 2020 annual census of who makes up its members.

Redfin closes $608 million takeover of RentPath early

RentPath’s sites, which include ApartmentGuide.com, Lovely, Rent.com, and Rentals.com, will continue to operate as normal while their listings are integrated with Redfin.com, a process that is expected to wrap up in 2022.

Home prices hit 15-year high nationwide

Prices in the Miami metro area were up 7.0% over February 2020. CoreLogic classified Houston’s market as “overvalued.”

Interest in tiny homes grows as popularity rises

While pandemic headlines had many leaving cities and moving to the suburbs or looking for additional space in their current home, interest in tiny homes was little remarked upon.

Ending 1031s hurts land conservation, farmers

The land conservation and farming communities need to come together and let Congress know how vital the like-kind exchange is to the future of our land and that it must continue.

Miami home price increase more than triples national average

The median price of a home in the U.S. reached its highest point in 13 years last month as inventory continued to fall.

Millennials dominate homebuyer market as Gen Z enters

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

New residential mortgages hit 14-year high

Lenders issued $1.06 trillion worth of mortgages in the fourth quarter of 2020 with refis contributing to the boost.

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