2 of Every 25 U.S. Homes Worth at Least $1M
While $1M signified luxury property a short while ago, it’s now 8% of the nation’s housing stock – but a large percentage of those homes are still in Pacific Coast states.
Coalition to FHFA: Rent Control Won’t Work
An 18-association group that includes NAR sent a letter to federal housing regulators, saying that rent control makes affordable housing issues worse – not better.
Next Commercial Challenge? Multifamily Loans
Investors bid up prices for multifamily properties during the pandemic, and that debt will soon cost even more after higher interest rates affect loan rates.
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