Compass snags high-performing Rhode Island Sotheby's team
The Blackstone Team is based in Providence and closed more than $95M in sales volume last year. The team's move to Compass comes amid intense competition for top talent
by Jim Dalrymple II Nov 9
Bidding wars dip for first time in 2022 — but competition still fierce
New data from Redfin shows the market in March was slightly less brutal than one month prior
by Jim Dalrymple II Apr 25
The 10 hottest housing markets to watch in 2022
The top US housing markets for 2022 are mostly affordable tech hubs with outdoor recreational opportunities that have become attractive alternatives to pricier coastal markets of late
Next year to be a 'mixed bag' for real estate: realtor.com report
Recent inventory shortages may ease somewhat in 2022, but demand will probably still exceed supply and affordability will be challenging
by Jim Dalrymple II Dec 1
Annual apartment rent growth, occupancy hit new highs in July
The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the US hit $1,549
Investor home purchases exceed pre-pandemic levels, hit record high
Investors purchased 67,943 US homes during the second quarter, for a total value of $48.5B, the highest figure on record, according to data released Thursday by Redfin
by Lillian Dickerson Jul 22
Love that pre-war architectural charm? Head to the East Coast
Buyers can get pretty opinionated when it comes to a home's age and architectural style. Here's a breakdown of where the country's oldest and newest homes are located, and everything in between
by Lillian Dickerson Apr 28
Inventory insanity: Why are there no homes for sale in America?
Inventory has been tight for a long time now, but this spring agents across the country are seeing something different — and more difficult
by Jim Dalrymple II Apr 12
Rents rise in suburban and rural areas, remain flat in urban centers
Recent data from Zumper shows that suburban and rural rents grew 5 to 7 percent more than urban rents over the last year. However, some secondary cities that thrived during the pandemic are now starting to see rent declines
by Lillian Dickerson Mar 29
US home sale profits rise to new post-recession high
The typical home sale profit of $75,971 in the second quarter of 2020 reflected a 36.3% return on investment, a new high in raw profits since the housing market started its recovery from the Great Recession in 2012
by Lillian Dickerson Jul 22
Expensive U.S. cities see rents fall amid coronavirus pandemic
San Francisco in particular has experienced a historic drop in rent amid the pandemic, though rents are also down in New York, Boston and other cities
by Jim Dalrymple II Jun 1
Average APRs see significant declines during COVID-19 pandemic
The coronavirus pandemic has resulted in lenders offering significantly lower average annual percentage rates to homebuyers and refinance borrowers
Colorado Springs ranked hottest housing market in March
The city was ranked the hottest housing market for the second consecutive month by Realtor.com with half of all homes selling in under 28 days
Strict zoning laws are exacerbating the affordability crisis: Study
A working paper published by Harvard and the University of Pennsylvania draws a connection between booming home price growth and zoning
by Marian McPherson Dec 26
5 real estate trends that will be all the rage in 2016
Homebuyers' tastes and needs are evolving, and it shows
by Tim Swindle Dec 28