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Housing Market Cooling Fastest in West Coast Markets

Housing Market Cooling Fastest in West Coast Markets

by Rick Grant | Mar 27, 2023 | Real Estate News, U.S. Housing Market, WRE News Exclusive

Housing markets in tech hubs and pandemic migration hotspots are cooling more rapidly than other parts of the U.S as the tech sector falters and mortgage rates remain elevated, according to a new report from Redfin, the technology-powered real estate brokerage.  ...
Slow Start to the Spring Homebuying Season

Slow Start to the Spring Homebuying Season

by Rick Grant | Mar 25, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

This week’s news that the Fed is modestly hiking interest rates and may pause them sooner than anticipated brought mortgage rates down for the second week in a row, according to a new report from Redfin, the technology-based real estate brokerage.   Overall, the...
Rate of Single Women Buying Homes Declined in 2022

Rate of Single Women Buying Homes Declined in 2022

by Rick Grant | Mar 25, 2023 | News/Current Events, U.S. Housing Market, WRE News Exclusive

Single men have been historically more likely than single women to own a home, but that gap narrowed sharply in recent years, nearly closing in 2021. However, a new Zillow analysis shows that it widened again last year, highlighting single women’s homebuying...
Global Investors seek Citizenship in Saint Lucia through Special Program

Global Investors seek Citizenship in Saint Lucia through Special Program

by Rick Grant | Mar 25, 2023 | International Real Estate News, WRE News Exclusive

According to a report released by CS Global Partners, Saint Lucia’s Citizenship by Investment Program is fast becoming a firm favorite for global investors looking for a destination with attractive investment options and the opportunity to gain second citizenship. ...
New “Mansion Tax” to affect Luxury Homes in Los Angeles

New “Mansion Tax” to affect Luxury Homes in Los Angeles

by Rick Grant | Mar 25, 2023 | Real Estate News, U.S. Housing Market, WRE News Exclusive

The City of Los Angeles will begin charging a ‘Mansion Tax’ on commercial and residential real estate transactions over $5 million effective April 1, 2023. The existing documentary transfer taxes in Los Angeles will not be repealed or altered by the mansion tax....
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