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Suburban homes gaining value faster than urban counterparts, Zillow finds
Source: Scotsman Guide --- A new Zillow study found that homes in U.S. suburbs have recently been appreciating faster than urban homes, reversing historic norms and highlighting buyers’ preferences away from urban areas even as the COVID-19 pandemic continues to ease....
Are Reluctant Home Sellers Too Attached to Their Low Rates?
Source: Nerdwallet --- You’ve heard of golden handcuffs. That’s when a company compensates you generously to discourage you from taking a job elsewhere. Some of us restrain ourselves with another type of golden handcuffs: low mortgage rates. Economists dub the...
Hits and Misses for the Real Estate Week of June 10-14
An update to the VA home loan program, the CFPB trying to help mortgage originators and Jack in the Box marching into Georgia top this week’s Hits and Misses. Continue Reading Hits and Misses for the Real Estate Week of June 10-14
Listing Recommends Buyers Bring a Hazmat Suit for House Tour
There is honesty, and then there is brutal honesty, and then there is Ash Swarts, a sales consultant with Australia’s O’Neil Real Estate who authored a listing for a home in the Perth suburb of Kelmscott. According to the Daily Mail, Swarts’ listing acknowledged the...
Upstate NY Island with Celebrity Past Listed for Nearly $3 Million
The property was once owned by actress/model Brooke Shields. Continue Reading Upstate NY Island with Celebrity Past Listed for Nearly $3 Million
Hotel Void to Be Filled in Connecticut’s Largest City
Bridgeport’s last hotel, a Holiday Inn, closed in January 2022. Continue Reading Hotel Void to Be Filled in Connecticut’s Largest City
RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales
The number of newly listed homes was up 5.3% from April and was 15.1% compared to May 2023. Continue Reading RE/MAX: Increased Inventory and New Listings Help Fuel Rising Home Sales
San Jose to Allow Homeowners to Sell ADUs
San Jose’s ADU sales will begin on July 18. Continue Reading San Jose to Allow Homeowners to Sell ADUs
Douglas Elliman Released from Batton 2 Lawsuit
Howard Hanna and HomeServices of America were previously voluntarily dismissed from the two Batton homebuyer commission lawsuits. Continue Reading Douglas Elliman Released from Batton 2 Lawsuit
Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts
Mester is stepping down from the Cleveland Fed on June 30. Continue Reading Cleveland Fed’s Mester Wants More Good Inflation Data Before Rate Cuts
MBA: Mortgage Applications for New Home Purchases Up 13.8% in May
The average loan size for new homes decreased from $405,490 in April to $400,150 in May. Continue Reading MBA: Mortgage Applications for New Home Purchases Up 13.8% in May
Chris Black Named CFO at Inside Real Estate
Black has more than two decades of CFO experience. Continue Reading Chris Black Named CFO at Inside Real Estate
Recent Posts
Hits and Misses for the Real Estate Week of June 22-26- HUD and VA Announce $33 Million Funding to Support Over 2,500 Homeless Vete…
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