Multifamily Construction Surges 76% in June as Single-Family Homes Trail Behind

Construction of new single-family homes across the U.S. stalled in June as builders continued pulling back due to high mortgage rates, but the multifamily sector roared back to life, the U.S. Census Bureau reported Friday. Single-family housing starts last month were at a seasonally adjusted annual

Affordability Is Improving in a Surprising Twist—Even as Home Prices Hit Record Highs

Median home sale prices surged to a new record high in June, yet housing affordability actually improved compared to a year ago, creating what at first might seem like a paradox.  To explain this contradiction, economists point beyond the raw price to a set of shifting economic factors affecting the

5 Years After the Passive Income Craze, Rental Properties Have Proved To Be Anything But

In 2021, William and Josh Lemmon started buying single-family homes in Akron, OH, for as little as $60,000 and renting them out for as much as $1,000 per month. “The rents [we could charge compared] to the cost of buying it were insane,” William tells Realtor.com®. “So we jumped in on it.” It was th

Beshara Real Estate Team joins Compass Atlanta

The Beshara Real Estate Team, a RealTrends Verified-ranked team in Marrietta, Georgia, led by principal agent Brenda Beshara, has joined Compass Atlanta after 19 years with Keller Williams, the company announced on Wednesday. Based in East Cobb, the seven-person team serves buyers and sellers across