U.S. Housing Market
Ritz-Carlton Residences Coming to Houston
Sales and marketing for the property are handled through private appointment by Redeavor Group. Continue Reading Ritz-Carlton Residences Coming to Houston
Las Vegas Home Sales and Prices Down Amid Expanded Listings
The median price of existing single-family homes was $481,995, a 0.6% drop from one year ago. Continue Reading Las Vegas Home Sales and Prices Down Amid Expanded Listings
Homeowners Face 73% Spike in Mortgage Payments If They Move
“The lock-in effect isn’t just theoretical; it’s a significant factor weighing on the decisions of American homeowners,” said Realtor.com Chief Economist Danielle Hale. Continue Reading Homeowners Face 73% Spike in Mortgage Payments If They Move
Mortgage Credit Availability Increases for Fifth Straight Month
“Mortgage credit availability increased for the fifth consecutive month to its highest level since 2022,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Increases for Fifth Straight Month
North Carolina House Leader Creates Committee to Devise Property Tax Reforms
A recent study from the Tax Foundation ranked North Carolina 36th highest property taxes in the nation. Continue Reading North Carolina House Leader Creates Committee to Devise Property Tax Reforms
Michael Dell Lists Second Boston Penthouse for $10.9 Million
The tech mogul acquired the property in 2016. Continue Reading Michael Dell Lists Second Boston Penthouse for $10.9 Million
Justice Department Objects to Settlement in Real Estate Commission Case
The judge is not obligated to reject the settlement because of the DOJ’s concerns. Continue Reading Justice Department Objects to Settlement in Real Estate Commission Case
Hits and Misses for the Real Estate Week of Feb. 12-16
This week’s Hits and Misses considers the MBA chief’s take on Biden housing policies, Toronto mayor’s defense of a massive residential property tax and an unlikely setting for weddings. Continue Reading Hits and Misses for the Real Estate Week of Feb. 12-16
Clever Real Estate Debuts Title and Escrow Subsidiary
Clever Title’s online portal offers real-time tracking, online document storage, and full digital encryption. Continue Reading Clever Real Estate Debuts Title and Escrow Subsidiary
California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months
January marked the first time in 10 months the median price was below $800,000. Continue Reading California Records First Year-Over-Year Uptick in Existing-Home Sales in 31 Months
Housing Starts Down for January
Single‐family housing completions were 16.3% below the revised December rate of 1.02 million. Continue Reading Housing Starts Down for January
Rod Stewart Discounts His Beverly Hills Estate from $80 Million to $74 Million
Stewart acquired the nearly three-acre property in 1991 for $12 million. Continue Reading Rod Stewart Discounts His Beverly Hills Estate from $80 Million to $74 Million
Christopher Todd Communities to Open Three New Regional Offices
“The time is right for this kind of expansion,” said CEO Todd Wood. Continue Reading Christopher Todd Communities to Open Three New Regional Offices
Mortgage Rates Rise Again
“The economy has been performing well so far this year and rates may stay higher for longer,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Rise Again
The Top Market for Real Estate Investing in Short-Term Rentals Is…
Columbus, Georgia, topped the list, with AirDNA citing “its affordable typical home value of $160,600.” Continue Reading The Top Market for Real Estate Investing in Short-Term Rentals Is…
