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RE/MAX: Fewer Homes Selling, and For Less

RE/MAX: Fewer Homes Selling, and For Less

by Phil Hall | Sep 17, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Median sales prices fell for the second consecutive month in the latest housing report published by RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX) In the 49 metro areas surveyed by RE/MAX during August, the median sales price was $440,000, 1.1% below July’s...
Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros

Report: Mortgage Payments Cheaper Than Rent in 22 of Top 50 Metros

by Phil Hall | Sep 16, 2024 | Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A monthly mortgage payment is less expensive than rent in 22 of the nation’s 50 largest metros, according to new data from Zillow (NASDAQ: Z, ZG). The new data determined the typical rent payment nationally is $2,063 a month while the typical mortgage payment is...
Report: Jennifer Lopez in Talks to Buy LA’s Azria Estate

Report: Jennifer Lopez in Talks to Buy LA’s Azria Estate

by Phil Hall | Sep 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Following her separation from Ben Affleck, Jennifer Lopez is house hunting in Los Angeles and has reportedly zeroed in on one of the market’s most famous luxury properties. TMZ, citing its coverage from unnamed “sources with direct knowledge,” reported the...
North Carolina Homeowner Faces Expensive Legal Fees Over Stolen Deed

North Carolina Homeowner Faces Expensive Legal Fees Over Stolen Deed

by Phil Hall | Sep 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The owner of a mansion in Raleigh, North Carolina, has found himself in an expensive legal fight after a stranger stole the deed to his residence. The New York Post reported that Craig Adams, a dentist who owns an 8,300-square-foot home in a gated community,...
New Hampshire Median Home Prices Over $500,000 for Sixth Straight Month

New Hampshire Median Home Prices Over $500,000 for Sixth Straight Month

by Phil Hall | Sep 16, 2024 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

New Hampshire recorded its sixth consecutive month where median home prices exceeded $500,000. According to new data from the New Hampshire Association of Realtors, the median price for a single-family home in August was $515,000, a 9.2% year-over-year increase and a...
Hits and Misses for the Real Estate Week of Sept. 9-13

Hits and Misses for the Real Estate Week of Sept. 9-13

by Phil Hall | Sep 13, 2024 | Hits and Misses, International Real Estate News, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A near-silence on housing in the presidential debate, newly listed homes with sketchy histories and the sad demise of a funnyman’s restaurant chain. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Sept. 9-13. Miss: An...
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