Zillow: First-Time Home Buying Jumps to 50%
Zillow, Seattle, found in its 2023 Consumer Housing Trends Report that first-time buyers now make up 50% of all buyers, up from 45% in 2022 and 37% in 2021.
Boxwood Means: Smaller Commercial Assets Still Outperforming Large
Boxwood Means, Stamford, Conn., reported its Small Commercial Price Index and Small Multifamily Price Index have continued to deliver positive results through May, a contrast to the current commercial market.
Dealmaker: Merchants Capital Secures $320 Million for Bronx Public Housing Development
Merchants Capital, Carmel, Ind., provided more than $320 million in financing to support renovations at Edenwald Houses in the Bronx, New York.