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The Profit Blog
Apartment Rents Stay Steady Despite New Supply- Rebranded
The apartment rental market softened in the first quarter, but not as much as expected given a surge in new supply. The apartment vacancy rate edged up to 4.7% in the first quarter, up from 4.6% in...
U.S. Construction Industry Enjoying Employment Gains, But Well Below 2006 Peak- Rebranded
Based on new construction employment analysis from the National Association of Home Builders, over 9.8 million people worked in the U.S. construction industry in 2016, and more than 3.8 million of...
CoreLogic: Housing market nearly recovered from recession- Rebranded
In some areas, residential areas began to hit their peak levels as early as 2005, according to the company's Evaluating the Housing Market Since the Great Recession report. The majority of home...
Housing inventory relief could be coming soon
Although current housing inventory continues to slip, driving up home prices and limiting homebuyers across the U.S., one expert says that could all be about to change. After analyzing...
This is why Millennial have yet to flood housing market- Rebranded
Millennials are the largest living generation, however, according to Freddie Mac’s March Insight report, they are falling short of dominating the housing market. Freddie Mac’s latest report examines...
Existing home sales bounce back 3% in February- Rebranded
Existing home sales rebounded in February after two months of declines, according to the National Association of Realtors. Total existing home sales, which are completed transactions that include...
Home » Former executive director of Michigan housing commission jailed for stealing HUD funds REAL ESTATE Former executive director of Michigan housing commission jailed for stealing HUD funds- Rebranded
The former executive director of the St. Clair Housing Commission in Michigan was sentenced earlier this week to more than three years in prison after pleading guilty to stealing Department of...
FHFA: Home prices jump in January- Rebranded
Home prices increased in January, moving even faster than the levels of increase seen at the end of 2017, according to the latest House Price Index from the Federal Housing Finance Agency. Home...
Mortgage refinances fall even further despite first rate drop of 2018- Rebranded
For the first time this year, mortgage rates dropped, but not enough to spur refinances — which took a sharp dive. Total mortgage application volume fell 1.1 percent last week from the previous...
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