Michigan cities and a bipartisan group of state lawmakers are backing a $160 million annual budget proposal aimed at increasing housing construction and rehabilitation through local zoning changes and financial incentives. Officials say it could spur 10,000 new homes over five years — or about 2,000 a year — at a total cost of $800 […]
Michigan cities, lawmakers seek $800M for housing incentives Read More »
New York-based Greystone Real Estate Capital has closed its first affordable housing fund, raising $103 million to finance nearly 1,000 rental units across six states. The fund — called Greystone Affordable Housing Fund I LP — will support a total of 11 developments in Louisiana, Massachusetts, Mississippi, New Jersey, Ohio and Pennsylvania. In total, the
Greystone’s $103M affordable housing fund to support rental units in six states Read More »
Businessman and investment icon Warren Buffett is making waves in the housing industry. Documents filed last week with the Securities and Exchange Commission (SEC) revealed that Buffett’s Berkshire Hathaway has made major investments in homebuilders Lennar and D.R. Horton. According to the filing, during the first half of 2025, Berkshire Hathaway has purchased over 7
Berkshire Hathaway’s Warren Buffett bets big on homebuilders Read More »
Permits for new multifamily housing construction have declined from the pace set during the COVID-19 pandemic, according to a Redfin analysis of U.S. Census Bureau data. Developers secured an average of 12.8 permits for buildings with at least five units per 10,000 people from July 2024 through June 2025. That is down 23.1% from the
Redfin: Multifamily housing permits fall from pandemic highs Read More »
As Hurricane Erin becomes the first hurricane of the 2025 season, homeowners in many parts of the U.S. are already facing double-digit insurance rate hikes, and insurers in some areas continue to pull out altogether. In high-risk, catastrophe-prone regions, homeowners’ premiums are projected to rise more than 15% this year, according to Hub International’s 2025
Hurricane season arrives amid homeowners insurance hikes Read More »
There’s a silent struggle unfolding across the real estate industry. Property managers are pushing harder than ever for operational efficiency, yet a nagging question remains: why isn’t this translating into true performance? What’s going on, and why are so many falling short? The culprit, I believe, is the “efficiency trap.” It’s an intense, often myopic,
The great paradox of property management: Why efficiency isn’t enough Read More »
Mortgage rates reached a new 2025 low today, despite core inflation running at 3.1% year over year, according to the CPI report this week. The softening labor data and improved mortgage spreads currently overshadow any concerns about inflation. If the jobs data were exceeding estimates, the situation would be different. According to Mortgage News Daily,
Mortgage rates drop to another new low for 2025 Read More »
New Western and PadSplit have entered a partnership aimed at increasing affordable co-living housing, effective last week. New Western cofounder and President Kurt Carlton told HousingWire the collaboration will allow investors to access PadSplit’s model for converting single-family homes into shared living spaces — while leveraging New Western’s large property inventory. “(PadSplit) will help you
New Western president speaks on PadSplit partnership Read More »
The fix-and-flip market is showing signs of weakening, according to a Q2 2025 Fix-and-Flip market survey from Kiavi and John Burns Research & Consulting, released on August 7. The Burns and Kiavi Fix and Flip Market Index (FFMI) is based on a quarterly survey of about 400 fix-and-flippers nationwide. The index scale ranges from 0
Fix-and-flip market struggles in Q2 due to labor, material challenges Read More »
Housing inventory growth has been slowing down since the last two weeks of June, as mortgage rates have been trending lower. However, last week we saw an actual decline week to week, which is rare for this time of year compared to recent years. What does this mean? Has active inventory peaked? Our new listings
Did lower mortgage rates already lower housing inventory? Read More »