Surging mortgage rates gain momentum on new inflation data
Mortgage rates rise for the fourth day in a row, pushing back through 7% as more worrisome inflation data puts to rest any lingering hopes for a Federal Reserve rate cut this spring
by Matt Carter Mar 14
Hilton heads back to campus with $210M Graduate Hotels acquisition
Hilton Worldwide Holdings has agreed to pay $210M for the Graduate Hotels brand, a 10-year-old company that operates hotels in some of the nations biggest college towns
by Ben Verde Mar 14
Illinois Supreme Court says Chicago tax hike can move ahead
A fiscal watchdog also released a report warning that Chicago leaders may not have studied the issue thoroughly before putting it on the March 19 ballot
by Taylor Anderson Mar 13
Homebuyers made hay while mortgage rates were down
Purchase loan applications surged for the second week in a row last week, but now rates are headed back up as worrisome inflation data casts doubts on timing of Fed rate cuts
by Matt Carter Mar 13
PureWest Christie's International Real Estate expands to Idaho
The Kalispell, Montana-based affiliate is adding an office of 8 agents to Sandpoint, Idaho, as the town's luxury market grows
by Lillian Dickerson Mar 12
Zillow economist identifies 11 cities primed for real estate investors
Zillow Chief Economist Skylar Olsen said these markets are ideal cities for real estate investors to purchase properties in the coming years
by Ben Verde Mar 12
Inflation rises to 3.2% in February, raising doubts about soft landing
Inflation rose 0.4% in February to an annual rate of 3.2%, with shelter and gas costs contributing substantially to the uptick, according to the the Bureau of Labor Statistics' Consumer Price Index
by Ben Verde Mar 12
Housing affordability will influence vote in 2024 presidential race: Poll
In a new survey released Monday, Redfin revealed more than half of US homeowners and renters 'feel negatively' about housing affordability and want a 2024 presidential candidate who can fix it
by Marian McPherson Mar 11
Negotiating short sales is a crucial skill for real estate agents
With some areas seeing rising prices and low supply, Clever's Luke Babich writes, many would-be homeowners are looking into unconventional routes to homeownership, including short sales
by Luke Babich Mar 11
Matt Beall: Hawaii's market is 'extraordinarily strained'
The Hawaii Life CEO said after pandemic demand and the Maui fires, inventory has been sparse. But he also said the market is returning to seasonality, and community involvement is at a high
Talking money is 'a form of protest,' financial expert Tori Dunlap says
With 1.9M Instagram followers and a best-selling book, financial expert Tori Dunlap sits down with Rachael Hite to share how she’s educating women on talking about money — out loud
by Rachael Hite Mar 8
Biden proposes $5K tax credit for first-time buyers in SOTU address
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
Pacaso, Serena & Lily offer luxury listing along Florida's '30A'
With ⅛ shares available for $840K, the latest opportunity also marks Pacaso's first venture alongside a dedicated homegoods partner
by Craig C. Rowe Mar 7
Best time to list a home? With high mortgage rates, it's tough to tell
The peak of the spring homebuying season may have shifted to later in the year, at least in some markets, according to new analysis by Zillow
by Ben Verde Mar 7
Why inland California housing is so exposed to downturn risk: Report
Data provider Attom tracks the 50 US communities most at risk of further housing decline. Half of them are located in 1 of 3 places
by Daniel Houston Mar 6
Appeals court rules Chicago transfer tax hike can move ahead
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
by Taylor Anderson Mar 6