Buying a starter home in the top 50 metros cost $1,111 (60.3%) more per month than renting in August, as median U.S. rents recorded their fourth consecutive month of year-over-year declines, according to data from Realtor.com. The median asking rent in the 50 largest...
A total of 84,350 single-family homes and condominiums in the were flipped during the second quarter, according to data from ATTOM. These transactions represented 8% the quarter’s home sales and was close to the lowest level of flipping activity since 2021. The second...
Existing home sales in August were down 0.7% from July to a seasonally adjusted annual rate of 4.04 million, according to data from the National Association of Realtors (NAR). Year-over-year, sales dropped by 15.3% from the 4.77 million recorded in August 2022. While...
The Federal Reserve has opted to hit the pause button on its rate setting activity. The central bank’s policymaking Federal Open Market Committee voted unanimously to maintain the target range for the federal funds rate at 5.25% to 5.5%. While claiming recent...
“Million Dollar Listing Los Angeles” star Josh Flagg is part of the leadership team of a new media company focused on the real estate industry. According to a Wall Street Journal report, Flagg has teamed with Griff O’Brien, a former content acquisition officer at...
Las Vegas-headquartered Alterra Home Loans has promoted Fernando Ospina to president. Ospina has worked for the company since 2018 and served as senior vice president of national production for the last year. Before joining Alterra, he was a sales manager at Paramount...
Real Completes RE/MAX Acquisition, Creating Real REMAX Group
