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Home Sellers Dropping Asking Price in Most Metros
Price drops have become a common feature of the cooling housing market, particularly in places that were popular with homebuyers earlier in the pandemic, reported Redfin, Seattle.
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CBRE: Tight Labor Market, Remote Work Changing Growth Patterns
The U.S. added 136,000 new high-tech jobs last year in hubs including the Bay Area, New York and Seattle as well as Nashville, Cleveland and other smaller markets, reported CBRE, Dallas.
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Fannie Mae: 2Q Home Prices Down from Record High
Fannie Mae, Washington, D.C., said single-family home prices increased at the annualized rate of 19.4 percent in the second quarter--down slightly from the previous quarter’s upwardly revised 20.5 percent, but still at a highly elevated pace.
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HUD Updates Steps in Boosting Housing Supply
HUD yesterday announced a series of steps aimed at boosting housing supply, particularly in areas with minority borrowers.
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People in the News July 15, 2022: Akerman Adds Nailah Tatum as Partner in Tallahassee
Akerman LLP announced expansion of its Real Estate Practice Group with partner Nailah Tatum in Tallahassee, Fla.