Apr 8, 2024 | News
Blackstone and Apartment Income REIT Corp. (AIR Communities) said Monday that Blackstone Real Estate Partners X will acquire all outstanding common shares of AIR Communities. The all-cash transaction is valued at approximately $10 billion, including the assumption of...
Apr 5, 2024 | News
Employment growth was strong in March, which ultimately means mortgage rates are likely to stay higher for longer. But next week’s inflation data is the main factor the Fed will take into consideration. The March jobs report came in hot. Strong growth in U.S....
Apr 5, 2024 | News
Half of homeowners and renters struggle to afford their housing payments, a recent Redfin survey found. Roughly 1 in 5 people who struggle to afford housing have skipped meals and/or worked extra hours to help cover costs, while about 1 in 6 have delayed medical care....
Apr 4, 2024 | News
Growth in new listings slowed this week as some sellers pressed pause over Easter. Housing costs remain stubbornly high, deterring some buyers–but Redfin economists say costs could come down soon. What sellers are doing: New listings of U.S. homes for sale rose 8.4%...