Marketing & Statistics

Marketing & Statistics

Illinois home sales climb 5.6 percent; Median price up 8.7 percent in May

The month of May brought strong home sales gains and higher median prices to the Illinois housing market, according to the Illinois Association of REALTORS®. Statewide home sales (including single-family homes and condominiums) in May 2015 totaled 14,...

Council Roundup: Actions aim to boost affordable housing

The council adopted a multifamily tax exemption ordinance to encourage developers to include affordable rental units in their projects, and they approved a comprehensive plan amendment to help St. Luke's Lutheran Church build affordable apartments on ...

Orlando home sales, median price both up 10 percent in May

Orlando’s housing market is riding its traditional summertime wave of home sales — fueled in part by both low interest rates and more inventory — and posted positive numbers for the month of May. Sales of existing homes increased 10 percent while...

With Critical Funds to Repair Ohio Roads and Bridges Set to Expire on July...

More than 6,500 bridges in Ohio are deemed “structurally deficient” or “functionally obsolete” and in need of critical repairs, according to the Federal Highway Administration (FHWA). These bridges rely on funding from the highway bill – set ...

Alaska Sockeye Fire: PCI Urges Residents to Seek Safety and Contact Insurers

Residents impacted by Alaska’s Sockeye and Tanana Slough Fires should seek safety when asked to evacuate. Once evacuated to a safe location, residents should save receipts for expenses and contact their insurance companies through their toll free cla...

2015 Point-In-Time Count Shows Homelessness Numbers Remain

Idaho Housing and Finance Association releases its 2015 findings from the annual Idaho homeless Point-in-Time Count, which took place this past January 28, 2015. The U. S. Department of Housing and Urban Development requires an annual count of sheltere...

As Childhood Poverty Rates Rise, Outpace Poverty 5K Seeks to Reduce Effects in Community

More than one in five school-age children in the U.S. live below the poverty line, according to the latest Department of Education report. In Missouri, that's nearly 22 percent of children under 18

May Housing Trends: Iowa Homes Selling Fast, Sales up 7.3%

Sale prices and number of homes sold continue their upward trend. Homes are selling faster than any point in the last 3 years according to the Iowa Association of REALTORS® (IAR).

The Atlanta Board of REALTORS® Releases May 2015 Statistics on Housing Market

The Atlanta Board of REALTORS® (ABR), the largest association of its kind in Georgia, released its May 2015 Market Brief on residential housing statistics for 11 area counties in metro-Atlanta. Market Brief, now compiled by First Multiple Listing Ser...

California home sales soften in May but spring home-buying season continues momentum

California home sales softened in May, but the housing market momentum continued to be solid as the spring home-buying season marked higher year-over-year home sales and prices for the fourth straight month, the CALIFORNIA ASSOCIATION OF REALTORS® (C....

ASHFORD TRUST ANNOUNCES ACQUISITION OF THE LE PAVILLON HOTEL IN NEW ORLEANS, LOUISIANA

Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) announced today that it has completed the acquisition of the 226-room Le Pavillon Hotel for total consideration of $62.5 million in cash ($277,000 per key). Located...

Governor Abbott Signs Legislation Providing Over $4 Billion In Tax Relief For Businesses And...

Governor Greg Abbott today hosted a bill signing ceremony at Advanced Micro Devices (AMD) in Austin, TX where he ceremonially signed into law HB 32 (D. Bonnen, R-Angleton; Nelson, R-Flower Mound), which will permanently reduce the business franchise ta...

Metro Denver Luxury Home Sales in May Increase Nine Percent Over Last Year with...

Metro Denver’s luxury home market continues strong with million-dollar closed residential sales in May increasing nine percent over May 2014. Closed luxury condominium sales remained unchanged from last year. There were 97 closed million dollar sal...

NC Board of Transportation Approves Transportation Plan for 1,100 Projects Over Next 10 Years

The North Carolina Board of Transportation has approved the 2016-2025 State Transportation Improvement Program (STIP), a 10-year transportation plan that includes nearly 1,100 projects in the state over the next decade. The highway projects alone are e...

Boston Housing Authority awarded $2 Million from HUD and more than $1 Million from...

In an effort to help low-income residents find higher-paying jobs, the U.S. Department of Housing and Urban Development (HUD) announced a $2 million grant for the next four years to the Boston Housing Authority. BHA competed with 57 other applications...

Xenia Property Cleaned Up under Ohio EPA’s Voluntary Action Program

Two local organizations and the city of Xenia have received a covenant not to sue under Ohio EPA’s Voluntary Action Program (VAP) for the former Ohio Veterans’ Children’s Home property located at 690 Home Ave., Xenia.

Tennessee Named Recipient of Area Development’s 2015 Gold Shovel Award

Tennessee has once again ranked among the best states in economic development by Area Development, a leading publication focused on site selection and facility planning.

MBIA Presents Custom Builder Awards

The Maryland Building Industry Association announced the 2015 Custom Builder Awards at a ceremony at the Greenbelt Marriott. The Custom Builder Awards showcase the outstanding work of builders, architects, designers and construction professionals in th...

NYCEDC, Lower East Side BID Recognize the 75th Anniversary of the Historic Essex Street...

Today’s giant block party marked the end of a month-long series of events showcasing the Market vendors and the rich history of one of the city’s premier cultural destinations. Currently, the Market boasts a wide range of culinary products from a d...

Households Remain Optimistic about Housing Market; Most Renters Want to Own

The Federal Reserve Bank of New York today released results from its 2015 SCE Housing Survey. The findings reveal that home price growth expectations were largely unchanged from last year’s survey, with households, on average, expecting a 4.4 percent...

SECOND QUARTER STARTS WITH A ROBUST NUMBERS

Existing homes sales in Maryland surged more than 20 percent in April, compared to April 2014, according to the Maryland Association of REALTORS® (MAR). Pending units, homes under contract, also rose significantly, by almost 20 percent, indicating a c...

VIRGINIA HOME SALES TRENDING UP FOR SPRING SELLING SEASON

The Virginia Association of REALTORS® (VAR) released its April 2015 Home Sales Report, which confirmed that the spring selling season is well underway. Home sales increased by 5.72 percent from March to April and will likely continue to increase throu...

Miami Single-Family Home Sales and Prices Rise in April

Miami’s single-family home market registered its most robust sales month since December, and median sales prices for all housing types rose in April, according to a new report by the 35,000-member MIAMI Association of REALTORS® (MIAMI) and the local...

Central Ohio housing market heating up

There were 3,987 central Ohio homes and condos put on the market during the month of April, a 15.2 percent increase over March and a 7.4 percent gain over April 2014. This increase put the total inventory of homes for sale at 7,003, according the Colum...

Spring sales and price growth continue in the New York State housing market

Home sales and selling prices continued on an upward trend in April, according to the housing market report released today by the New York State Association of REALTORS. The April 2015 sales total of 7,207 units was up 1.3 percent from April 2014.

Iowa Home Prices and Sales Continue to Rise

Home sale prices continue to rise while home sales are up and homes are selling faster than last year according to the Iowa Association of REALTORS® (IAR).

Spring season busy for real estate

South Carolina REALTORS® (SCR) today released its April real estate market data revealing a busy spring for buyers and sellers. New Listings were up three percent to 10,953 while Pending Sales increased almost four percent to 6,661. Inventory shrank b...

The Atlanta Board of REALTORS® Releases April 2015 Statistics on Housing Market

The Atlanta Board of REALTORS® (ABR), the largest association of its kind in Georgia, released its April 2015 Market Brief on residential housing statistics for 11 area counties in metro-Atlanta. Market Brief, now compiled by First Multiple Listing S...

Delinquencies, Foreclosures and Bankruptcies Improve as Household Debt Stays Flat

The Federal Reserve Bank of New York’s Household Debt and Credit Report revealed that aggregate household debt balances were largely flat in the first quarter of 2015. As of the end of March, total household indebtedness was $11.85 trillion, a $24 ...

New Research Shows Too Many in Pittsburgh Paying Too Much of their Income in...

The Building Inclusive Communities Work Group, made up of organizations who love Pittsburgh and value its history and diversity, joined the Housing Alliance of Pennsylvania today for the release of “Building Inclusive Communities: A Review of Local C...

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Mayor London Breed Celebrates Groundbreaking of New Affordable Housing in the...

Mayor London N. Breed today joined community leaders to celebrate the groundbreaking of future affordable housing at 1950 Mission Street. Once completed, the project will offer 155 affordable apartments for families