Residential

Kentucky Home Prices Up Despite Inventory Shortage
The sun shines bright on both old and new Kentucky homes, with prices on the rise despite lower sales due to limited inventory
The sun shines bright on both old and new Kentucky homes, with prices on the rise despite lower sales due to limited inventory.   According to data from Kentucky Realtors, the median price for a home in the Bluegrass State rose 5 percent year-over-year to $119,523 in February compared to $113,833... Keep Reading....
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Detroit Mayor Mike Duggan has announced plans to establish a $250 million multifamily affordable housing fund that is designed to preserve 10,000 existing affordable housing units while developing 2,000 new units
 Detroit Mayor Mike Duggan has announced plans to establish a $250 million multifamily affordable housing fund that is designed to preserve 10,000 existing affordable housing units while developing 2,000 new units.   During his annual State of the City speech, Duggan debuted the Affordable Housing... more
When it comes to home insurance, homeowners in Florida are paying much, much more than residents in the other states
 When it comes to home insurance, homeowners in Florida are paying much, much more than residents in the other states.   According to a new study from Insurance.com, Florida homeowners pay an average of $3,575, which is 191 percent higher than the national average of $1,228. Other states with higher... more
Newcomers to the housing market have their best chances to find affordable homeownership in the Sunshine State or Lone Star State, according to new data from Zillow
 Newcomers to the housing market have their best chances to find affordable homeownership in the Sunshine State or Lone Star State, according to new data from Zillow.   In a ranking of the 35 largest U.S. housing markets based on where first-time buyers have the best chance to find an affordable... more
Median one-bedroom rents are down by 0.8 percent this month to $1,038
 Median one-bedroom rents are down by 0.8 percent this month to $1,038, according to new data from ABODO. However, March marks the seventh consecutive month of higher rents for two-bedroom units, which are up by 0.2 percent to a national median of $1,257.   Syracuse, N.Y., saw the greatest decrease... more

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