Slightly more than one-quarter of homebuyers (26%) are looking to move to a different part of the country, according to new data from Redfin (NASDAQ:RDFN). This share is up from 24% one year ago and roughly 19% from the pre-pandemic era, and it also represents a...
The total value of the U.S. housing market is now 49% higher than the level at February 2020, the period before the start of the Covid-19 pandemic. According to data from Zillow Group (NASDAQ:Z, ZG), the housing market’s total value is slightly less than $52 trillion,...
Two new housing data reports issued this morning determined there were fewer new single-family homes being sold while the residential properties being purchased were priced higher. Sales of new single‐family houses during August were at a seasonally adjusted annual...
Mortgage Machine Services, an Addison, Texas-based provider of digital origination technology to residential mortgage lenders, has named Dan McGrew as director of sales. In his new role, McGrew will be responsible for bringing the company’s digital mortgage...
A Phil Hall Op-Ed: It would be kind to say that Eric Adams’ tenure as mayor of New York City has been something of a mess. Indeed, Adams’ failings since becoming mayor in January 2022 have been so severe that even President Biden didn’t want to be seen with him last...
The ongoing saga of the fate of the Los Angeles property that was Marilyn Monroe’s final home and the scene of her untimely death in 1962 has taken on a new twist as the identity of the property’s owner has been revealed. The property was acquired in August for $8.4...
Hits and Misses for the Real Estate Week of June 29-July 3
