Home sales in California totaled a seasonally adjusted annualized rate of 279,810 in July, a 3.6% increase from June and a 4.1% boost from one year ago, according to new data from the California Association of Realtors (CAR). July’s total marked a five-month high...
The housing market recorded its first month-over-month decline in the median sales price this year, according to data published by RE/MAX LLC, a subsidiary of RE/MAX Holdings (NYSE: RMAX). Across the 51 metro areas surveyed for its report, RE/MAX found the median...
New data from the National Association of Realtors (NAR) determined that 199 out of 223 metro markets, or 89%, recorded home price gains in the second quarter as the 30-year fixed mortgage rate ranged from 6.82% to 7.22%. NAR added that 13% of the 223 tracked metro...
Amid complaints that wealthy expatriates taking up tax residency have caused real estate prices to soar, the Italian government has doubled the flat tax on the foreign income of new residents to €200,000 (roughly $218,000). The Financial Times reported Prime Minister...
The Las Vegas market reported a total of 2,764 existing local homes, condos and townhomes were sold in July, according to data from Las Vegas Realtors (LVR). Compared to one year earlier, home sales were up 5.1% while condo and townhome sales were up 1.5%. By the end...
Long Beach Red-Tags Eight Buildings as Storm Surf Damages Waterfront Homes
First-Time Buyers Want Price Cuts, but 7% Mortgage Rates Keep Deals Fragile
