Australia’s opposition leader has pledged to ban foreign purchases of residential real estate for two years if he is elected as the nation’s next leader. Daily Mail reported Peter Dutton, the Liberal Party of Australia leader, announced his proposed ban on social...
Only 25 out of every 1,000 homes, or 2.5%, changed hands in the first eight months of 2024, the lowest turnover rate in the past 30 years, according to a new data report from Redfin (NASDAQ: RDFN). The new data analysis determined that existing home sales were similar...
Zillow (NASDAQ: Z, ZG) is rolling out climate risk data provided by First Street on its listings for US properties for sale. According to the Seattle-headquartered company, home shoppers will have new information on five key risks – flood, wildfire, wind, heat and air...
A Phil Hall Op-Ed: Last week, I used this column to offer my opinion on Vice President Kamala Harris’ plans for fixing the challenges facing the housing market if she was elected president. This week, the column is devoted to the plans from former President Donald...
A new data report from Redfin (NASDAQ: RDFN) has determined homebuyers need an annual income of $115,454 to afford a $433,101 median priced home – a 1.4% decline from one year earlier and the first annual decline since June 2020, when mortgage rates were at a record...