Blackstone shells out $6B to re-enter rental market
Blackstone Group Inc. has reached a deal to acquire single-family rental home company Home Partners of America Inc. for $6 billion in cash after a competitive bidding process
by Lillian Dickerson Jun 23
Nearly 90% of metros see double-digit price gains in Q4: NAR
Home price growth was widespread during the fourth quarter of 2020 as mortgage rates and inventory levels both hit record lows, according to the National Association of Realtors
by Lillian Dickerson Feb 11
$1M home searches hit record high in January: Redfin
Homes priced over $1M made up 10.8% of all saved searches on Redfin.com in January, up from 8.5% the previous year, and the highest point this figure has reached since 2017
by Lillian Dickerson Feb 10
Existing-home sales continue to rise for fifth consecutive month: NAR
Existing-home sales in October 2020 were up 4.3% from the previous month and up 26.6% from one year ago, according to a report from the National Association of Realtors
by Lillian Dickerson Nov 19
Home prices rise in opportunity zones, but lag behind nationwide gains
A report by Attom Data Solutions reveals that opportunity zones experienced a strong quarter, but gains still fell below the pace of broader metro areas across the US
by Lillian Dickerson Nov 11
Affordability trumps wildfire risk for homeowners on West Coast
According to Redfin's latest study, homebuyers are choosing affordable areas with higher wildfire risk as demand and home prices heat up in low-risk areas
by Marian McPherson Oct 19
September was a record-breaking month for prices, sales and speed
Rising home prices, increasing sales and fewer days on market characterized a historic September in the United States, according to a report issued Monday by Redfin
by Lillian Dickerson Oct 19
Median home prices see greatest annual growth since 2017
The US median home price stayed near its summer peak of $350,000 and hit record-high, year-over-year growth of 12.9%, according to realtor.com's weekly housing report
'As good as it gets for homesellers': New median US home price record
Amid intense market demand and low inventory, the U.S. median home price hit a record high of $319,769 in the 4 weeks ending September 27, according to data from Redfin
Home price growth stays strong for now — but the future is murky
After forecasting housing price declines of approximately 0.3% this year, experts have adjusted those predictions this quarter to reflect an increase in prices by 3.7%
by Lillian Dickerson Sep 24
11 neighborhoods ripe for opportunity zone investment
A new report by Attom Data Solutions and CityBldr highlights areas with the greatest potential for taking advantage of tax benefits in order to revive densely packed, low-income communities
Rural home prices jump 11% in July: Redfin
Suburban and urban areas also saw home price growth during this period, although not to the extent of rural areas, according to a Redfin report
by Lillian Dickerson Aug 17
Home prices begin to stall
Median home prices stayed the same or decreased in 17 states and half of all analyzable metro areas from April to May 2020, according to new figures from Attom Data Solutions
Prices rose in 64% of opportunity zones during first quarter
Although the first quarter saw an overall increase in median home prices in a majority of opportunity zones, Attom Data Solutions noted that those numbers do not yet reflect the full effect of the COVID-19 pandemic on the market
by Lillian Dickerson May 13
How are home prices still rising during the pandemic?
Although the stock market has been volatile for weeks and unemployment has continued to rise, home prices have been seemingly unaffected