Real Estate News & Insights
Private Connecticut Island Sells at a Discount
The 18-acre Hay’s Island includes an 8,684-square-foot, six-bedroom mansion built in 2010. Continue Reading Private Connecticut Island Sells at a Discount
Builder Confidence Remains Flat
41% of builders were cutting prices in November, a record high in the post-Covid period and the first time this measure has passed 40%. Continue Reading Builder Confidence Remains Flat
Who’s still buying real estate in the metaverse?
Source: Fast Company --- Higher mortgage rates have quashed the housing boom of the past few years—and on Tuesday, the National Association of Realtors said that in February, home prices were lower in a year-over-year comparison for the first time in almost 11 years....
This One Rookie Homebuyer Move Drives Real Estate Agents Crazy
Source: Realtor.com --- Most homebuyers understand the perils of making a financial misstep like buying more house than they can afford or ending up with a money pit that requires unexpected, big-budget repairs. After all, buying a home is likely the most important...
New Home Sales in Texas Remain Strong as “Days on Market” Rise
The new home market across Texas is seeing homes stay on the market longer and a moderate softening of average prices as the market “seeks balance,” according to the monthly HomesUSA.com New Home Sales Report released today by HomesUSA.com CEO Ben Caballero. ...
87% of All Real Estate Agents Are Out of The Business in Less Than 5 Years – Redefining the Real Estate Industry: RealEstateAgentBid.com
Source: Yahoo! Finance --- SEATTLE, March 21, 2023 /PRNewswire/ -- Real Estate Agent Bid, Inc. announced the launch of its first-to-market real estate digital platform, which went live on March 1, 2023. RealEstateAgentBid.com ("the platform") was founded by Chad Link,...
U.S. existing home sales rebound; year-over-year house prices fall
Source: Nasdaq --- WASHINGTON, March 21 (Reuters) - U.S. existing home sales increased for the first time in a year in February as a decline in prices on an annual basis pulled buyers back into the market, further evidence that the housing market was stabilizing at...
After banking crisis, the housing market faces even more uncertainty
Source: Marketplace --- New data from the National Association of Realtors showed a 14.5% increase in home sales in February, a huge increase relative to expectations. Existing home sales have gone down consistently every month for an entire year now. Inventory has...
Home prices just broke a decade-long streak
Source: CNN Business --- Washington, DCCNN — The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year increases, the longest on record, according to a National Association of Realtors report...
These Are the 10 Most Overpriced Housing Markets in the U.S. — 5 Are in Florida
Source: Yahoo! Sports --- Although the housing market is finally cooling down, there are some areas across the U.S. where the market remains hot, and buyers are still paying much more than homes are actually worth. Florida Atlantic University determined the most...
Scouting Albania: Is This Europe’s New Trendy Riviera?
Source: International Living --- I’ve never been anywhere as beautiful. It was almost a physical shock. A brass-knuckled punch to the gut that left me grasping for words. After years of scouting for the world’s best-value real estate—first for International Living,...
Dubai prime property prices cheaper by 80% compared to global cities, even after 2-year rise
Source: Zawya --- UAE - Prime property prices in Dubai are cheaper by 20 to 80 per cent when compared to major cities such as Monaco, Hong Kong, New York, London, Geneva, Paris, Beijing, Tokyo etc. despite a massive increase in rates during the post-pandemic period...
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