Luxury home sale prices reached a median of $1.28 million, a record high for the month of October, according to new data from Redfin. Last month’s price was a 5.5% year-over-year increase. Luxury home prices increased by roughly three times faster than non-luxury...
A total of 9,006 closed home sales were recorded in Virginia in October, more than 274 sales or a 3.1% increase from one year earlier. According to data from Virginia Realtors, there were 25,196 active listings on the market last month, which represents 5,154 more...
Reston, Virginia-headquartered Stanley Martin Homes is expanding into the Savannah market with the launch of Brunson Station, a master-planned community coming to Guyton, Georgia. The development spans a total of 170 acres, with 104 acres planned for the construction...
Greystar Management Services LLC has reached a $7 million settlement with nine states that sued the property management company for allegedly inflating housing costs by using rent-setting algorithms from software companies including RealPage. As part of...
Florida recorded a total of 21,191 closed sales of existing single-family homes in October, up 13.8% year-over-year, while existing condo-townhouse sales totaled 7,223, up 11.1% over the same period. According to data from Florida Realtors, single-family existing...
A total of 10,265 homes were sold in New York State during October, up 3.2% from the 9,949 homes sold one year earlier. According to data from the New York State Association of Realtors, pending home sales were up 2.9% from the 9,795 accepted offers in October 2024 to...
Hits and Misses for the Real Estate Week of April 6-10
