Developers Build on Home Rental Success With Whole Communities
Property developers are pouncing on sustained demand for stand-alone home rentals by taking a big step: Building entire single-family neighborhoods designed for renters. When the housing market crashed, investors took advantage by buying low-price homes in foreclosure in order to rent them out to tenants.
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Existing Home Sales Dip
The National Association of Realtors reported that the pace of existing home sales fell in April to an annualized rate of 5.04 million, a drop of 3.3% from the month
PulteGroup Reports Miss; Stock Takes a Beating
PulteGroup, Inc. reported 1Q 2015 earnings of $55 million or 15 cents a share. Earnings were down from the year-ago period level of $74.8 million, or 19 cents per share,
The GOP Tax Plan Has The Real Estate Industry In Panic
Two powerful trade associations slammed the GOP’s tax plan on Thursday, saying the reduction of a key benefit for homeowners could hurt the market.
