New Jersey home sells for $620K over asking price in bidding war
A home in Millburn, New Jersey's Short Hills community has made a big splash in the market, sparking a bidding war before selling for $1.72M — $620K over its asking price
by Richelle Hammiel Feb 13
Airbnb focused on expanding beyond 'just a place to stay' in 2025
Airbnb said it would spend over $200M on unspecified investments this year as it looks to continue its post-pandemic boom. The company reported revenue has tripled since it went public
by Taylor Anderson Feb 13
Median price up in 49% of Opportunity Zones: Attom
Prices increased in 61% and median prices were up by 10% annually in half of the Zones studied, tracking at a similar pace as typical properties outside of areas benefitting from tax subsidies
by Craig C. Rowe Feb 13
$32M Beverly Hills property hits the market, but it's just a basement
The luxury listing just hit the market, but there's no mansion yet. In fact, it's just a basement. This is a 'rare opportunity to complete an iconic estate'
by Richelle Hammiel Feb 13
Homebuyers gain leverage as sellers cut prices: Zillow
In January, almost 23% of sellers reduced their listing price — the highest percentage for any January since 2018, according to a new analysis by Zillow
by Richelle Hammiel Feb 12
Mortgage rates climbing again on hot CPI report, Powell testimony
Trump calls for lower interest rates after release of January CPI report. Powell says Fed is in no hurry to cut rates, and bond market investors who fund mortgages are taking him at his word
by Matt Carter Feb 12
Trump wants Greenland. The Danes say they’ll trade it for California
As President Trump ups the ante on his plan to force Denmark into selling Greenland, the Danes are pushing back with a satirical offer to purchase California
by Marian McPherson Feb 12
Zillow eyes rental dominance as segment revenue grows 25% in Q4
Zillow's Q4 revenues rose 17% annually to $544M while its rental segment generated $116M, according to an earnings release Tuesday that included news of a rental partnership with Redfin
by Marian McPherson Feb 11
DOGE cost-cutting exposes risk to cities with federal office space
Impact on certain markets may be ‘profound,’ attorneys warn, as federal agencies look to cut the size of their real estate footprint by as much as 50% under the Trump administration
by Taylor Anderson Feb 10
Housing market challenges aren't over yet, Barbara Corcoran warns
In an appearance Thursday on 'Mornings with Maria' on Fox Business, Barbara Corcoran warned that buyers and sellers aren't out of the woods when it comes to the challenges of today's market
by Richelle Hammiel Feb 10
Vacant, foreign-owned homes draw criticism in LA post-wildfires
Wildfire victims and other residents are wondering what good vacant properties owned by individuals who live thousands of miles away serve while so many struggle to find housing
by Lillian Dickerson Feb 10
Steel and aluminum are President Trump's latest tariff targets
Homebuilders already sounding the alarm on the potential impact on housing costs if Trump follows through on threats to impose duties on Canadian wood and Mexican gypsum
by Matt Carter Feb 10
CFPB is latest target of Trump's downsizing government campaign
Congressional Democrats vow to fight moves to 'unlawfully delete this popular consumer watchdog that enjoys the broad bipartisan support of 4 out of 5 Americans'
by Matt Carter Feb 10
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
by Matt Carter Feb 10
Luxury sales surge near Mar-a-Lago as Trump settles into 2nd term
Luxury home sales have taken off since Donald Trump's re-election, and Palm Beach, Florida, home to his Mar-a-Lago resort, is at the center of the boom, Mansion Global reported Thursday
by Richelle Hammiel Feb 7
Name change, budget cuts at top of HUD secretary’s list
Scott Turner put budget cuts and a department name change at the top of his list, while fair housing and diversity, equity, and inclusion programs were noticeably absent
by Marian McPherson Feb 6