Source: Yahoo! Finance — Just after mortgage rates spiked to 6%, George Reedy put his South Carolina home on the market in July 2022. He needed to sell for personal reasons. He was also worried that by listing after mortgage rates had spiked, he’d miss...
JLL’s new “Green Leasing 2.0: Bridging the owner-occupier divide to deliver shared ESG value” report outlines the considerations building occupiers and owners should include at all relationship stages to incorporate sustainability and reduce their carbon...
OneKey MLS is a real estate marketplace for monthly statistics for residential real estate transactions from Montauk to Manhattan, north through the Hudson Valley and the Catskill Mountains. For February 2023, OneKey MLS reported a regional closed median sale price of...
Source: CNN Business — US home building jumped higher in February, turning around after five consecutive months of falling. Housing starts, a measure of new home construction, rose by 9.8% in February from January. But that’s still down 18.4% from a year ago,...
Source: USA Today — Multiple bids on Day One might be a thing of the past, but high mortgage rates, limited inventory and eroding affordability are still forcing buyers to make most of the compromises. “They are looking for smaller homes compared to what they...
Source: Fox Business — The U.S. housing market posted the first year-over-year decline in home prices since 2012 as a result of higher mortgage rates. That’s according to a new report from real estate brokerage firm Redfin, which showed that the median...
Hits and Misses for the Real Estate Week of June 15-19
