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  • U.S. Bank invests $4.8 million in affordable housing Nov. 22nd 2019
    U.S. Bank announced this week that it is investing $4.8 million with the goal of advancing affordable housing. The investment comes from the bank’s Community Possible grants as well as corporate contributions. The post U.S. Bank invests $4.8 million in affordable housing appeared first on HousingWire.

  • Millennials want a single-family house, even if it means a long commute Nov. 22nd 2019
    When it comes to affordability, Millennials are willing to go the extra mile, literally. Nearly 90% of Millennial homebuyers told Redfin that they would choose a single-family home over an equally priced unit in a triplex with a shorter commute. The post Millennials want a single-family house, even if it means a long commute appeared first on HousingWire.

  • First American: People are staying in their houses longer, and it’s hurting home sales Nov. 22nd 2019
    A new report from First American shows that homeowners are staying in their houses longer than they used to, and it's causing a decline home sales. The post First American: People are staying in their houses longer, and it’s hurting home sales appeared first on HousingWire.

  • Blackstone cashes out on Invitation Homes Nov. 22nd 2019
    Blackstone’s bet on the single-family rental market is now complete, as it was revealed this week that Blackstone is selling off its remaining shares in Invitation Homes for more than $1.7 billion. The post Blackstone cashes out on Invitation Homes appeared first on HousingWire.

  • Americans are staying put in record numbers, worsening housing shortage Nov. 21st 2019
    The share of people who moved in the 12 months through March fell to the lowest level on record, adding to the woes of a housing market plagued by supply shortages. The post Americans are staying put in record numbers, worsening housing shortage appeared first on HousingWire.

  • Everyone’s building in Texas: Houston, DFW lap field in residential building permits Nov. 21st 2019
    A recent study by Apartmentguide.com revealed that, as of July this year, the Houston and Dallas-Fort Worth metros were the top two metropolitan areas in the nation in terms of issuing the most residential building permits. The post Everyone’s building in Texas: Houston, DFW lap field in residential building permits appeared first on HousingWire.

  • Existing home sales climb 1.9% on low mortgage rates Nov. 21st 2019
    Despite lingering regional variances, the nation’s existing home sales increased 1.9% in October, according to the National Association of Realtors. This means sales are now 4.6% above October 2018’s rate. The post Existing home sales climb 1.9% on low mortgage rates appeared first on HousingWire.

  • Seller’s market: Prices are still going up, housing inventory keeps falling Nov. 20th 2019
    As mortgage rates remain low, homebuyer demand has risen and that's leading to fewer and fewer houses being on the market. The post Seller’s market: Prices are still going up, housing inventory keeps falling appeared first on HousingWire.

  • U.S. housing market experiences largest inventory decline since 2018 Nov. 20th 2019
    In October, America’s home sales rose by 3.9%, marking the fourth month of the past six to post a year-over-year increase in sales, according to the RE/MAX National Housing Report. The post U.S. housing market experiences largest inventory decline since 2018 appeared first on HousingWire.

  • CoreLogic: Lower single-family rental inventory is pushing prices up Nov. 19th 2019
    Apartment rental occupancy rates hit an all-time low this year, meanwhile, single-family rental prices have also surged. According to a new report from CoreLogic, U.S. single-family rent prices rose 3% in September over August. The post CoreLogic: Lower single-family rental inventory is pushing prices up appeared first on HousingWire.