U.S. Housing Market
Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
Aspen was home to four of the 10 most expensive home sales of November. Continue Reading Silicon Valley and Aspen Top November’s List of Most Expensive Home Sales
California Home Sales at 3-Year High
November also saw the statewide median home price drop by 3.9% from $886,960 in October to $852,680 in November. Continue Reading California Home Sales at 3-Year High
Report: 72% More Condo Sellers Than Buyers
This marked the fifth straight month in which there have been at least 70% more condo sellers than buyers. Continue Reading Report: 72% More Condo Sellers Than Buyers
Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
Property tax relief gets slow walked in Ohio, HUD weighs in on the government shutdown, and a familiar face returns to lead NAMB. Continue Reading Hits and Misses for the Real Estate Week of Sept. 29-Oct. 2
One in Six Home Sellers Dropped Their Asking Price
The typical home that sold in August went for 3.8% less than its original asking price—the steepest discount for that month since 2019. Continue Reading One in Six Home Sellers Dropped Their Asking Price
White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’
“My understanding is that this is obviously a local issue,” said Press Secretary Karine Jean-Pierre. Continue Reading White House Press Secretary: Protecting Homeowners Against Squatters is a ‘Local Issue’
Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home
The majority of boomers (54%) own homes with no mortgage. Continue Reading Study: More Than Three-Quarters of Baby Boomers Plan to Stay in Their Current Home
Zillow: US Has 550 Million-Dollar Cities, a New Record High
California led the nation with 210 million-dollar cities, more than the next five states combined. Continue Reading Zillow: US Has 550 Million-Dollar Cities, a New Record High
CoreLogic: Annual Home Price Growth Up 5.5% in February
CoreLogic projected that year-over-year home price gains will continue through 2024, albeit at a slower pace. Continue Reading CoreLogic: Annual Home Price Growth Up 5.5% in February
Capital Square Completes Construction on Single-Family BFR Community Outside Dallas
The 18-acre development includes a mix of one-, two- and three-bedroom single-family homes. Continue Reading Capital Square Completes Construction on Single-Family BFR Community Outside Dallas
Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion
“Z Life is crafting ecosystems for living that meet the needs and aspirations of the younger generation,” said CEO Weina Zhang. Continue Reading Eco-Friendly Real Estate Developer Z Life Plans Nationwide Expansion
A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?
Buyers face a new environment with greater costs at every level of the process. Continue Reading A Phil Hall Op-Ed: Will the NAR Settlement Create a Lose-Lose Scenario for Homebuyers?
NYC Homeowners Sued by Squatters Removed from Their Property
“Somebody broke into my house, and I’m in court getting sued by them,” said Denis Kuryland. Continue Reading NYC Homeowners Sued by Squatters Removed from Their Property
Barbara Corcoran Predicts Lower Rates Will Drive Home Prices ‘Through the Roof’
Real estate investor and “Shark Tank” star Barbara Corcoran has warned that that lower interest rates will results in home prices going “through the roof.” In an interview with Yahoo Finance, Corcoran opined that lower rates would bring more buyers into a housing...
MBA Voices Opposition to Biden’s Rent Cap Proposal
“Rent control has consistently proven to be a failed policy,” said MBA President and CEO Bob Broeksmit. Continue Reading MBA Voices Opposition to Biden’s Rent Cap Proposal
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