Housing inventory growth doesn't guarantee greater affordability
In June, 5 of the top US markets showed improvement in housing affordability and supply, according to First American, while other markets with more inventory still saw rising costs
by Richelle Hammiel Jul 30
Graceland fraudster goes public: 'I am the one who creates trouble'
Without revealing his identity, the 'ring leader' of a fraud operation that tried to auction off Graceland presented himself in emails to The NYT, saying his network preys on gullible Americans
by Lillian Dickerson May 29
10 cities where these experienced property investors won't buy
Investors Christian Gore and Itay Simchi shared 10 US cities where they would never choose to invest in real estate
by Ben Verde May 20
Rent is now more affordable than buying in every major US market
Austin and Seattle were the friendliest cities for renters as the monthly mortgage payment on a starter home in each of the top 50 cities soared above the average rent by more than $1,000
by Ben Verde Mar 26
Rising rates and home prices stifle January market: Redfin
The Federal Reserve's policy shift depressed homebuyer and homeseller activity in January, according to Redfin. New and active listings both fell from December levels
by Marian McPherson Feb 16
Patriot Bank denies DOJ redlining allegations, settles for $1.9M
Government alleges competitors in the community bank's peer group made home loans in minority areas of Memphis at almost three times the rate of Patriot from 2015 to at least 2020
by Matt Carter Jan 19
'Voluntary moves are gone': Why today's buyer looks so different
More buyers today are moving because they have to. Here's what they look like — and how agents are courting their business in a down market
by Jim Dalrymple II Jun 28
Homebuyer dollar stretching further as rates drop: Zillow
As mortgage rates have dropped from a roughly 7% peak, buyers can now buy homes about 84 square feet larger than those they could purchase in October with a $3K monthly payment
Mortgage lenders innovate to help homebuyers cope with higher rates
Rocket, Guild and UWM are among lenders providing homebuyers with options, such as temporary rate buydowns and reduced fees on refis if rates come down from 2022 peaks
by Matt Carter Dec 27
Dolly Parton retires tour bus, lists as vacation rental
The country music superstar is charging $10,000 to spend two nights in the tour bus, which is chock-full of Parton's personal belongings including a bedazzled guitar and wig cabinet
by Ben Verde Jun 29
Elvis Presley's childhood home in Mississippi hits the auction block
In addition to the house, the auction in August will include items from the 'Suspicious Minds' singer's life and career including clothing, jewelry, concert memorabilia and autographs
by Ben Verde Jun 29
How to skirt the bidding war: Agents share their strategies
In today’s competitive market, houses in all price ranges are drawing multiple offers, leaving many buyers in the lurch and exhausting agents. Here’s how some pros are getting by
by Ben Verde Apr 1
Renters pay 300% of landlords' mortgages in Memphis: Study
The extent to which tenants' rent covers a landlord's mortgage can vary widely, according to a city-by-city breakdown of how much rent goes into paying property owners' own mortgages
by Lillian Dickerson Jan 25
Zillow sharpens Rent Zestimate for homeowners
The refreshed Rent Zestimate has a 5% greater accuracy rate than its previous rendition, according to Zillow
by Lillian Dickerson Aug 23
Rents see national growth after 8-month stretch of declines
The US median rent increased 1.1% year over year in March after 8 consecutive months of declines, according to a new report from realtor.com released on Tuesday
by Lillian Dickerson Apr 13