Real estate
from24/7 Wall St.
20 minutes ago4.4 Months of Housing Supply: Why That's Still Leaving Buyers Behind
Inventory rose in April, increasing months of supply to 4.4, but the market remains below balance and pricing power persists.
The builder specialises in delivering communities that are targeted towards or restricted to the active adult, 55+ segment. Those buyers, who are typically more established and have built up equity, tend to be more resilient to broader economic uncertainty and mortgage rate volatility. Our buyers are not immune to what's going on in the market, but they are resilient. Many of them are existing homeowners who have built a lot of equity over time in their homes.
Ireland's development land market recorded a strong start to 2026, with €197.7m transacting across 22 deals, according to the latest report from Savills Ireland. This represents a 55pc increase in combined value while the number of deals is up 5pc compared with the same period a year ago and the best first-quarter performance since 2019.
Finally, as announced yesterday, in Q4 we broke ground on a new, state-of the art production facility in El Mirage, Arizona. This expansion reflects our consistent capital allocation approach focused on the long-term need for factory-built solutions to the worsening housing crisis in America.
Equity Residential and AvalonBay Communities agreed to an all-stock merger of equals that will create a $69 billion multifamily giant controlling more than 180,000 apartments across the country, the companies announced Thursday. The combined real estate investment trust will have a pro forma equity market capitalization of about $52 billion and an enterprise value of roughly $69 billion, according to the company announcement. The new entity will be headquartered in both Chicago and Arlington, Virginia, operate under a new name to be announced at closing, and maintain dual listings on the NYSE.
Under the agreement, NEXA said it will provide support across marketing, information technology, licensing, loan processing, human resources, compliance and operational infrastructure. In turn, Copper Ridge Ventures and its affiliates will integrate NEXA's systems and strategic partnerships as part of the arrangement. The move marks another growth initiative since NEXA's rebrand in October 2025 from NEXA Mortgage to NEXA Lending.
The main purpose of this scheme and especially for its current extension, is to increase the availability of residential property and to revitalise certain city/town centres around the country that have high levels of vacancy, dereliction and under use. This scheme when originally introduced provided tax relief for certain commercial property, as well as for residential owner-occupiers on refurbishment and conversion works (extended on 1st January 2017 to certain residential landlords) located in the historic city centres of Cork, Dublin, Galway, Kilkenny, Limerick and Waterford.
Accepting a sales position on the REALTOR.com inside sales team. This position paid a salary of $60K, less than what I was making running a regionally based shoe company, but had variable compensation of triple what I was making. Sometimes in life, you have to take a step back to go forward. Bet on yourself and use fear as fuel. My grandfather told me to never take a job for money. If it gets you excited, it's something you believe in, and it's not illegal, then go for it.
The latest Daft report found that the average market rent for a two-bedroom apartment in Galway city is now nearly €2,300. According to the report, market rents rose sharply in the first quarter of 2026, with the national average increasing by 4.4pc between December and March. This is the largest quarterly increase in rents in a series extending back to 2002. Galway city market rents are up 18.4pc year-on-year with average market rent of a two-bedroom apartment at €2,290.
Cash Now, More Later is designed to give sellers immediate liquidity while allowing them to participate in potential upside when the home later resells on the open market. Agents participating in Cash Now, More Later transactions can earn two commissions: a bonus commission between 1% and 2% when Opendoor initially purchases the home, followed by their standard commission when the property is resold. Agents also remain the listing agent of record throughout the process.
A villa, apartment, or townhouse in Southern Europe may look affordable compared with prime London property, but the asking price is not the full cost of ownership. In Greece, buyers should usually allow around 7-10% of the property price for transaction costs, depending on the deal. The main cost is the property transfer tax. Greece's tax authority states that the standard real estate transfer tax is 3% of the taxable value, plus a small municipal levy.