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Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year
Source: Yahoo! Life --- Builders and real estate agents alike are celebrating signs of life in the U.S. housing market. That'll happen when a mild home price correction coupled with mortgage rates falling from 7.37% in early November to 5.99% in February improves...
Some buyers find deals in shifting Southern California housing market
Source: Los Angeles Times --- Stephen Jackson lost out on more than a dozen properties as home prices surged during the pandemic housing boom. He finally called off his search in 2021 when someone outbid him for a Tarzana condo by $25,000 — and paid in cash. “I was...
With Home Prices Stabilizing, Realtors Looking Forward to Good Spring Home Buying Season
Home sales nationwide in January were up 6% from a year ago and are 39% higher than in 2020, according to Zillow’s first monthly market report of 2023. Buyers took advantage of slightly lower mortgage rates in January, but sellers have yet to join the fray. The number...
Coldwell Banker Celebrates the Company’s Leading Real Estate Sales People
Luxury Ambassador Jade Mills of Beverly Hills has been recognized by Coldwell Banker as the company’s 2022 No. 1 agent worldwide. Mills achieved a total sales volume of $661,233,080 in closed residential real estate for 2022. “Jade continues to exceed her previous...
Luxury Real Estate Market Insulated From Rising Rates and Inflation Performs Well
A five-year review of markets included in the Forbes Global Properties curated consumer marketplace of luxury homes has revealed a 34% increase in sales price within the top 20% of 2022 transactions. Furthermore, numerous markets, including the domestic and...
New Real Estate Alliance will Put $1 Billion into Vertical Farm Development
The Monthly Dividend Company and Plenty Unlimited Inc. have entered into a strategic real estate alliance to support the development of Plenty's indoor vertical farms. Under the terms of the agreement, Realty Income will acquire and provide development funding for...
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