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Home Flipping Activity and Profits Down During Q3
A typical flipped home in the third quarter was purchased by an investor at a national median price of $260,000 and sold at a national median of $320,000. Continue Reading Home Flipping Activity and Profits Down During Q3
Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
Newsom did not publicly comment on the lawsuit. Continue Reading Housing Advocacy Group Sues Newsom Over Suspension of Duplex/ADU Ban in LA Wildfire Areas
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Mortgage Application Activity Tumbles by 5.2%
The FHA share of total applications increased to 19.9% from 19.4% the week prior. Continue Reading Mortgage Application Activity Tumbles by 5.2%
California Home Sales at Highest Level Since February
The statewide median home price ticked up 0.4% from $883,640 in September to $886,960 in October. Continue Reading California Home Sales at Highest Level Since February
REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
New listings were up 0.8% from October 2024 but were down by 0.5% from September. Continue Reading REMAX Finds 3.2% Year-Over-Year Rise in Home Sales
66-Unit Connecticut Multifamily Property Sells for $20.7 Million
The sale of Putnam Green, which was built in 1976, is the largest multifamily transaction in Greenwich since 2012. Continue Reading 66-Unit Connecticut Multifamily Property Sells for $20.7 Million
Vice President Vance Questions Why Powell is Avoiding Rate Cuts
“I’d love to hear an argument for why Powell cut rates 50 points right before an election but can’t do it now with inflation lower,” Vance said. Continue Reading Vice President Vance Questions Why Powell is Avoiding Rate Cuts
DC-Area Real Estate Agents Report DOGE Impacts on Home Selling
The median home price in the DC region was up 3.1% compared to a year ago, hitting a new record high of $659,950. Continue Reading DC-Area Real Estate Agents Report DOGE Impacts on Home Selling
The Best- and Worst-Run Cities of 2025 Are…
WalletHub cited Provo’s 5.2% business growth rate, low violent crime and property crime rates, and a median household income growing at nearly 8.4%. Continue Reading The Best- and Worst-Run Cities of 2025 Are…
Illinois Home Sales Down as Prices Continue to Rise
The state’s median sales price took a 5% year-over-year rise to $315,000. Continue Reading Illinois Home Sales Down as Prices Continue to Rise
Former NFL Player Sentenced in Real Estate Embezzlement Scheme
Chris Harrison played with the Detroit Lions from 1996 to 1998 and was with the Baltimore Ravens in 1999. Continue Reading Former NFL Player Sentenced in Real Estate Embezzlement Scheme
Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
“The longer someone has owned their home, the more likely they are to come out ahead,” said Redfin Senior Economist Asad Khan. Continue Reading Report: 6% of Sellers Risk Offloading Their Homes Below the Purchase Price
Wisconsin Home Sales Down While Listings and Prices Rise
The Wisconsin Housing Affordability Index had a value of 124 in May last month, up 5.1% from the value of 118 set in May 2024. Continue Reading Wisconsin Home Sales Down While Listings and Prices Rise
Case-Shiller Index Records 2.7% Annual Gain in April
Separately, the Federal Housing Finance Agency reported house prices were down 0.4% in April from March. Continue Reading Case-Shiller Index Records 2.7% Annual Gain in April
Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million
The acquired property is the largest mall in North Carolina’s Research Triangle area. Continue Reading Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million
