The WPJ

Tallahassee

Multifamily Property Sector in America Rebounding

CBRE's latest research highlights a strong recovery in the U.S. multifamily market during late 2024, fueled by declining vacancy rates and robust demand.

U.S. Residential Foreclosures Dip 10 Percent Annually in 2024

According to ATTOM's Year-End 2024 U.S. Foreclosure Market Report, foreclosure filings--comprising default notices, scheduled auctions, and bank repossessions--were reported on 322,103 U.S. properties in 2024.

More Americans Opting for Renting Over Homeownership in 2024

According to new research by CBRE, the rising cost of homeownership is prompting more Americans to opt for renting. On average, monthly mortgage payments for new homes are currently 35% higher than apartment rents, creating a significant affordability gap.

Older Americans More Likely to Buy Disaster-Prone Homes

According to a new Redfin report, older Americans are more likely to buy homes in areas with significant climate risk compared to younger Americans.

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