Real Estate Markets & Economy
The set of new housing initiatives also includes a 1-year tax credit of up to $10K to households that sell their starter home. NAR applauded the president's commitment to aiding the industry
Voters are set to decide on March 19 whether they want to quadruple the tax buyers pay on real estate purchases above $1.5M. Realtors say it amounts to a secret tax and rent hike
Purchase loan applications jump by a seasonally adjusted 11% after 5 consecutive weeks of declines as mortgage rates continue to retreat from 2024 highs
56% of consumers surveyed by Coldwell Banker said that price is the most important factor for them when choosing a home, casting doubt on the belief that location is everything
A 160-square-foot backyard residence in the Las Vegas Valley asking $950 a month has received over 100 inquiries from tenants
The New York City-based real estate news site, a resource for buyers, sellers and renters, briefly ceased publication last week before announcing Monday it had been acquired
Don't buy into the commission rhetoric that says the U.S. should do things more like they do in Australia, Cara Ameer writes. Each country has its own dynamics, customs and economics
Cities within the path of totality for the eclipse on April 8 are experiencing a 1,000% increase in searches for the short term rentals
Recent luxury forecasts from Coldwell Banker and Christie's International Real Estate show optimism in the market, and plenty of demand for new technology. Intel examines their findings
In December, a Pulsenomics panel of more than 100 housing experts expected homes to appreciate by 2.4% in 2024. Now they're predicting prices will go up by 3.8%
'Quantitative tightening' — the Federal Reserve's moves to trim $35B in mortgages from its balance sheet each month — could keep mortgage rates from falling dramatically this year
The accessory dwelling unit startup launched in 2022 by an Airbnb cofounder announced this week that it is taking its manufacturing operations in-house
Zillow is diversifying its revenue along the transaction — what it calls its super app — and is outperforming a depressed market, Mike DelPrete writes
A key Fed inflation metric, the PCE price index, continues to drop toward the Fed's 2% inflation target, falling from 2.6% annual growth in December to 2.4% in January
The Berkshire Hathaway CEO said fewer housing starts can lay the foundation for a more balanced market. His company's recent investments in homebuilders show commitment to that principle
Pending home sales dropped off 4.9% between December and January and were down 8.8% year over year
The Boston-headquartered franchise dubbed 'Corcoran Property Advisors' is led by brokers-owners Brian Dougherty and Nick Robert. The firm also has an office in Cohasset
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