Housing construction falls in January — but new permits soar

Residential housing starts fell 3.6 percent, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading

Everything is bigger in Texas — including the rent

Over the past decade, the median rent has increased by more than 80 percent in Austin, Texas, according to a new Zillow study released Friday. Continue reading

‘Redemption month’: New home sales exploded in August

Sales of new, single-family homes rose an astounding 18 percent year-over-year in August, according to the U.S. Census Bureau. Continue reading

Commercial real estate firm JLL pulls out of summit over lack of diversity

International commercial real estate firm Jones Lang LaSalle revealed Friday that it is pulling its support the upcoming New York Multifamily Summit due to a lack of diversity among the event’s speakers. Continue reading

New-home sales dropped in July but rose year-over-year: Census

The median sales prices of all new homes sold in July hovered at $312,800, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Continue reading

Spanish language clients? This new free glossary should help

The free, 94-page e-book includes includes English-Spanish and Español-Inglés translations for common terms such as appraisal report (informe de tasación), buyer’s agent (agente del comprador), and closing costs (costos de cierre). In addition to techn… Continue reading