Government officials being forced out of their homes by threats of violence, Zohran Mamdani’s silence on contentious housing proposals, and a soccer stadium where you’d least expect it. From the wild and wooly world of real estate, here are our Hits and Misses...
A mere 28 out of every 1,000 homes changed hands this year, which covers 2.77% of the national housing inventory. That is down slightly from last year’s 2.78% share, and it is the lowest turnover rate in at least 30 years. According to a data report from Redfin, the...
The typical luxury home sold for $1.26 million in September, up 4.8% from one year earlier to set a new record high for the month. According to data from Redfin, the sales of luxury homes is occurring at more than twice the pace of price growth for non-luxury homes,...
A total of 11,375 homes, both single-family houses and condominiums, were sold in Illinois last month, a 4.6% rise from the 10,873 sold one year earlier. According to data from Illinois Realtors, 22,845 homes were available for sale statewide last month, down 2.9%...
Realtor.com is planning to offer its users FlyAround, a new feature that leverages 3D Maps from Google Maps Platform that provides a 360-degree view of property listings. According to the company, FlyAround enables users to see lot dimensions, topography, and how a...
Mortgage rates continued their downward slide in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.17% as of Oct. 30, down from last week when it averaged 6.19%. A year ago at this time, it FRM...
