Condo developer seeing new buyers from California, New York and south Florida.

Transcendent Electra, a partnership between Transcendent Investment Management and Electra America, has $496 million of properties in contract process and closing and another $1 billion in the pipeline.

In 40% of metro areas analyzed, home prices in the first quarter hit or tied new peaks according to the report, including Miami. 

Landsea Homes Corporation, a residential homebuilder based in Newport Beach, California, has entered into an agreement to acquire Vintage Estate Homes, a Florida-based homebuilder, for $54.6 million. Vintage Estate Homes employees are expected to transition and become part of

Homes stayed on the market for 19 days less than they did last year, at an average of 72 days.

The boost in inventory shows signs of seasonal norms as supply starts to catch up with demand.

Year over year, the pace of sales was up 66.8% nationwide.

The DHS announcement comes in response to businesses reporting an immediate need for supplemental, temporary guest workers for this fiscal year.

As the economy slowly recovers from the early days of the pandemic, the share of loans in forbearance dropped for the seventh consecutive week, signifying a 40-basis-point decrease in the last two weeks.

Rent rates nationwide have been decreasing since the onset of the pandemic, but new data shows that in some cities, this could be changing in the near future.

Housing secretary reaffirms U.S. commitment to closing the racial homeownership gap at a forum with NAR president and top housing officials.

“Staging a home helps consumers see the full potential of a given space or property. It features the home in its best light and helps would-be buyers envision its various possibilities.” — Jessica Lautz, NAR vice president of demographics and behavioral insights

Forty-three percent of respondents to the first-quarter Zillow Home Price Expectations survey expect inventory to improve in the second half of the year, followed by 26% who expect it in the first half of 2022.

William Raveis Real Estate has launched a new service for home owners looking to sell their property quickly.

Brokers may use their cell phones to make marketing calls and send marketing texts, if the cell phone does not have an app that will automate the dialing system.

The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.