Initiatives Incentivize Office-to-Housing Conversions
The federal government launched a slate of incentives to transform office space to housing. Billions of dollars are now available to start transactions
Beachfront Homes Where the Tides Don’t Reach
Several Florida developers have opened “beachfront” communities with abundant amenities along manmade lagoons.
Average Long-Term Mortgage Rate Eases to 6.63%
Freddie Mac’s chief economist said rates will continue to go down as inflation decelerates. Mortgage rates are at the lowest level since May.
Home Prices Saw Record Jump in November
CoreLogic Case-Shiller found U.S. home prices are up 45% since March 2020, the biggest gains since December 2022. CoreLogic forecasts home prices will rise by an average of 3% this year.
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