Tag Archives: Birmingham

Build-to-rent operators are trading rent cuts for perks and experience

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As rent concessions decline, build-to-rent operators are turning to smarter pricing strategies, bundled services and fee transparency to attract renters. Continue reading →

Lake Homes Realty branches out with new firm for mountain homes

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The standalone brokerage will service clients across 21 states to start, with a focus on homes at elevation, with a mountain view, or those within a community shaped by the mountains. Continue reading →

Fairway Independent Mortgage buys itself a new Midwest division

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Fort Wayne, Indiana-based Hallmark Home Mortgage is licensed in 18 states. Company founder and CEO Deborah Sturges is joining Fairway as a division manager. Continue reading →

Traverse City luxury condos poised to set new price threshold

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The turnkey penthouses would be ideal for second-home buyers, developer Andrew McCarthy said. They will be completed in late summer 2025 and are asking $2.95 million and $3.25 million, respectively. Continue reading →

Renting becomes sign of wealth as many opt against homebuying

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A recent Redfin analysis of U.S. Census Bureau, MLS and county records from 2019 to 2023 found that in 35 of the 50 largest U.S. metro areas, wealthy renters are taking over the rental market. Certain cities, including San Jose, California; Raleigh, No… Continue reading →

Black households led first-time homebuyer market in 2024

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Despite a nationwide dip in first-time homeownership, Black buyers have bucked the trend in 2024, leading the market with 62 percent purchasing their first home, according to new data released by Zillow Thursday. This continues a growing trend, with Bl… Continue reading →

Fairway blasts federal regulators in $10M redlining settlement

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Nation’s third biggest lender casts itself as a victim of politics, noting CFPB launched its investigation the day after Biden Administration took office. Continue reading →

Sotheby’s brings on LAH Real Estate for newest Alabama affiliate

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LAH Real Estate Inc. was originally founded in 1992. The new affiliate brings its four offices to Sotheby’s, ticking the brand’s total office count in Alabama up to seven. Continue reading →

Frontline workers are at greatest risk of housing shortage

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A new study from the Urban Land Institute shows that middle-income households of frontline workers are being impacted most significantly by exacerbated housing shortages as a result of the pandemic. Continue reading →

How far $1,200 will go for renters and homeowners in 50 US cities

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Over 75 percent of U.S. renters and almost 50 percent of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according to data from Redfin Continue reading →