Source: The World Property Journal — National property broker Redfin is reporting that in May 2021 over 70% of home offers written by Redfin agents faced competition, down from a revised rate of 73.6% in April 2021. That’s still up significantly from...
Source: MPA — Existing-home sales, weighed down by rising prices and low inventory, fell for the fourth consecutive month in May. According to the National Association of Realtors, total existing-home sales were down 0.9% to an annual pace of 5.80 million – the...
Source: Chicago Tribune — From sawmills to store shelves to your own hammer swings, lumber can tell you a lot about what is going on in the economy right now. Lumber prices soared over the last year, frustrating would-be pandemic do-it-yourselfers, jacking up...
Source: Tech Crunch — Side, a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that more than doubles its valuation to $2.5 billion. The...
Source: Market Watch — Eric Rosengren, the president of the Boston Fed, expressed concern over the housing market in an interview with the Financial Times, and it comes as data shows house prices soaring. The median price for an existing home sale skyrocketed...
Source: Yahoo News— Everyone on the streets knows “Sir Charles,” the skinny guy with the saxophone, sunglasses, felt hat and megawatt smile. At a gig this week at the iconic Elbo Room beach bar, he danced with a soda in his hand as the bouncers teased...
