When it comes to paying monthly rent for a residence, the U.S. offers four of the world’s 10 most expensive rental markets.   According to a new study of 87 global cities by the British property firm Nested, San Francisco offered the world’s most expensive rental market, where the monthly rent for... Keep Reading....
In one of his final acts as the nation’s housing policy chief, Department of Housing and Urban Development (HUD) Secretary Julián Castro awarded $10 million in so-called “sweat equity” grants to four non-profit self-help housing organizations through HUD’s Self-Help Homeownership Opportunity... more
While President Barack Obama’s political legacy is open to debate, it appears that his real estate legacy is solid. A new data analysis by Zillow determined that the value of the White House has appreciated 15 percent since Obama's inauguration in 2009. Now valued at $397.9 million, the 55,000... more
The Rocky Mountain High that Colorado’s pricey Aspen-area housing market experienced in 2015—with sales breaking the $2 billion barrier—was followed by a significant drop-off. According an analysis by the Aspen Times and Land Title Guarantee Co., Aspen-area home sales totaled $1.4 billion in 2016.... more
When it comes to the markets offering investors the highest yields single-family rental (SFR) properties, the unlikely leader is Cleveland. According to new data from HomeUnion, Cleveland leads the nation, with first-year yields of 10.9 percent for investment housing. Other hot SFR markets for... more