U.S. Housing Market
Luxury Home Sales Rise While Sales Activity Declines
“Sales have slowed across all price tiers, and luxury homes are no exception,” said Redfin Senior Economist Sheharyar Bokhari. Continue Reading Luxury Home Sales Rise While Sales Activity Declines
FCP Expands into Las Vegas with Apartment Community Acquisition
The financial terms of the deal were not disclosed. Continue Reading FCP Expands into Las Vegas with Apartment Community Acquisition
Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Belwood Investments said it was raising $250,000 from investors to complete the renovations, with an estimated ROI of 45%. Continue Reading Belwood Investments Offers Fractional Real Estate Investment in Palm Springs
Bethenny Frankel Sells Connecticut Estate for $7.83 Million
The estate, known as Applejack Farm, was originally built in 1743 and was once the home for Connecticut’s governor Lowell Weicker. Continue Reading Bethenny Frankel Sells Connecticut Estate for $7.83 Million
Real Estate Investor Selling Hit Record High in 2024
Regionally, Missouri (21.2%), Oklahoma (18.7%), and Kansas (18.4%) had the highest investor buyer share in 2024. Continue Reading Real Estate Investor Selling Hit Record High in 2024
Q1 Household Debt Tops the $17 Trillion Level
Mortgage originations (including refinances), dropped in the first quarter to $324 billion, the lowest level seen since 2014. Continue Reading Q1 Household Debt Tops the $17 Trillion Level
Rhode Island Has 10 Realtors for Every Home for Sale
Non-residents accounted for 23.7% of Rhode Island’s residential home sales in the first quarter. Continue Reading Rhode Island Has 10 Realtors for Every Home for Sale
Billy Joel Lists Long Island Mansion for $49 Million
The property includes a helipad and inground pool. Continue Reading Billy Joel Lists Long Island Mansion for $49 Million
Hits and Misses for the Real Estate Week of May 8-12
There’s 74,582,671 square feet of vacant office space in the city – which is enough to fill more than 26 Empire State Buildings. Continue Reading Hits and Misses for the Real Estate Week of May 8-12
Fewer Listings, But Faster Home Sales
The median home sale price was $370,625, down 2.7% from a year earlier. Continue Reading Fewer Listings, But Faster Home Sales
Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb
If paying for quality photography is not part of your marketing budget, it should be. Continue Reading Guest Opinion: How to Help Your Client Close the Deal When Mortgage Rates Climb
Mortgage Rates Inch Lower
“This week’s decrease continues a recent sideways trend in mortgage rates,” said Freddie Mac’s Sam Khater. Continue Reading Mortgage Rates Inch Lower
Mortgage Delinquency Rate Drops to Historic Lows
“The mortgage delinquency rate fell to its lowest level for any first quarter since MBA’s survey began in 1979,” said MBA’s Marina Walsh. Continue Reading Mortgage Delinquency Rate Drops to Historic Lows
Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Mortgage payments on a typical home could be 22% higher by September. Continue Reading Zillow: Mortgage Rates Could Hit 8.4% if US Debt Default Occurs
Toll Brothers Unveils New Luxury Community for Utah
Construction of the sales center and model homes is now under way and sales will begin this fall. Continue Reading Toll Brothers Unveils New Luxury Community for Utah
