Most expensive home listed in San Francisco takes $5.5M price cut
A mansion in the Presidio Heights neighborhood that had its price slashed to $39.5M is still the most expensive single-family home for sale in the Bay Area city, reports say
by Ben Verde Dec 6
British fashion entrepreneurs sell Beverly Hills home for $35.25M
The 6,230-square-foot property sold by British fashion entrepreneurs Tom and Ruth Chapman was put on the market for $42M in June. It's located in the celebrity hotbed of Trousdale Estates
by Lillian Dickerson Oct 31
In 3 months, spending on new home construction fell by 9%
August numbers show spending on new single-family homes dropped to a seasonally adjusted annual rate of $436B, a 2.9% fall from July, according to US Census Bureau data released Monday
by Daniel Houston Oct 3
New home starts fall sharply: 'The whole housing sector is in retreat'
The number of new construction projects for single-family homes dropped by 10% in July, the steepest decline of the year, according to the US Department of Housing and Urban Development
by Daniel Houston Aug 16
Tenants in rent-controlled California face 10% hike next month
A 2019 law seeks to prevent rent from climbing too much too fast, but prices are set to grow by 10% thanks in part to rampant inflation
by Taylor Anderson Jul 25
The run-up of single-family rental prices paused in May: report
The jump in May was still well above the historical average, but it was the first time in 14 months that it hadn't accelerated over the month before
by Taylor Anderson Jul 19
CoreVest gearing up to make more bridge loans to flippers
Parent company Redwood Trust closes deal to acquire Portland, Oregon-based bridge loan provider Riverbend Funding LLC
by Matt Carter Jul 5
Rent spiked again in April, expected to keep climbing through the year
The pace of rent price growth was more than double what it was a year ago, reaching 14 percent for a single-family home in April, according to a report released Tuesday by CoreLogic
by Taylor Anderson Jun 21
Property tax hikes slowed last year even as home sale prices soared
The average property tax bill rose by 1.8 percent in 2021. That's the lowest increase in years, despite record home price growth, according to a new report from Attom Data Solutions
by Daniel Houston Apr 14
Hurry up or wait: The big question on every buyer's mind this spring
Just as homebuyers have learned to navigate soaring prices, sinking inventory and bidding wars, the housing market has reached a new level of madness. Will it all boil over this spring?
by Marian McPherson Mar 14
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
New-home sales show modest uptick after a sluggish November
The seasonally adjusted annual rate of new single-family home sales in December clocked in at 842,000, 1.6% above the revised November rate of 829,000
by Lillian Dickerson Jan 28
A woman's hand opening a door
A handful of economists shared with Inman their forecasts for home sales and prices, inventory, the impact of a coronavirus vaccine and the risk of another recession
by Andrea V. Brambila Dec 24
Demand is heating up in the Hawaiian luxury market
Hawaii has experienced ups and downs throughout the pandemic, but right now, luxury buyers are craving the aloha lifestyle and a bit of seclusion from the rest of the world
Existing-home sales soar to highest level since 2006
Total existing-home sales climbed 10.5% from the year prior in August, according to data released Tuesday by the National Association of Realtors
by Patrick Kearns Sep 22