‘Historically’ high lumber prices adding more than $35K on average to new home price tag
While many businesses have slowed during the COVID-19 pandemic, the home-building industry has seen a boom — but it could be at risk due to a lumber shortage that has triggered skyrocketing prices for the material.
US new home sales jump 13.8% in June
The Commerce Department reported Friday that the June gain pushed sales of new homes to a seasonally adjusted annual rate of 776,000. The increase follows a 19.4% jump in May.
US existing home sales plunge 17.8% in April
The National Association of Realtors said Thursday that last month's decline pushed sales down to a seasonally adjusted annual rate of 4.33 million units, the slowest pace since September 2011.
Education on real estate for free
Adonis Lockett is the Director of Operations at Lockett-N-Homes and he created myRE360. The goal is to have real estate education all in one area in several different parts of the country including the DFW Area.
CREW Dallas celebrates women in commercial real estate
CREW Dallas brings women together in commercial real estate. It is not only a professional group, but CREW Dallas also gives grants to the community. The organization will host an awards event on Thursday, February 20 at Gilley's Dallas.
New York town selling mansion for $50K - but there's a catch
The city of Auburn, New York, is selling a massive Victorian home for $50,000 - but only if interested buyers can provide a full restoration plan for the residence.