Home prices climbed in February — but the momentum is cooling
The FHFA HPI and S&P CoreLogic Case-Shiller Indices posted a 3.9% annual increase in February. While that marks another year of gains, the data shows that price growth has moderated
by Richelle Hammiel Apr 29
Patrick Carroll evades prosecution with mental health counseling
The multifamily investor has agreed to undergo mental health counseling and, in doing so, will not be prosecuted on felony charges by the LA County District Attorney's Office
by Lillian Dickerson Apr 28
Concessions surge as homesellers offer sweeter deals in sour markets
In the first quarter of the year, 44.4% of homesellers included concessions in their deals, just shy of the record 45.1% seen at the start of 2023, according to new data released Monday by Redfin
by Richelle Hammiel Apr 22
Home price appreciation seen as cooling as inventories grow
Experts surveyed by Fannie Mae expect national home prices to slow to 3.4% this year. Median list prices are down by 10% or more from a year ago in 69 markets
by Matt Carter Apr 15
US home prices rose modestly in January, led by NYC and Chicago
The FHFA Housing Price Index posted a 4.8% annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1%, according to new data released Tuesday
by Richelle Hammiel Mar 25
Renting becomes sign of wealth as many opt against homebuying
Cities in California, North Carolina, Florida and New York have seen a surge in wealthy renters compared to pandemic numbers
by Richelle Hammiel Mar 11
Home values have surged at 2X the normal rate since pandemic
Since 2020, US home values have risen by 45.3%, meaning more than 10 years of typical home value growth has been packed into a 5-year period, a new report from Zillow shows
by Lillian Dickerson Feb 27
Anxiety over mortgage rates, rent and home prices begins to mount
Inflation expectations surged after President Donald Trump announced plans to impose tariffs on goods from China, Canada and Mexico, a new University of Michigan survey of consumers finds
by Matt Carter Feb 10
Homebuyers remain sidelined despite more listing options
Over the 4 weeks ending Feb. 2, new listings across the US have jumped 7.9% from last year to 76,194, the largest increase since late 2024, according to Redfin's analysis
by Richelle Hammiel Feb 6
Inventories on track to normalize in 40% of US markets this year
After growing by 22% last year, inventory is 'a bright spot for a market that’s been dealing with deep deficits in recent years,' according to ICE Mortgage Monitor report for February
by Matt Carter Feb 4
Climate change reshapes real estate, putting $1.5T in value at risk
Climate change has shaken up the US real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases
by Richelle Hammiel Feb 4
Why most Realtors are failing at social media (and how to improve)
Whether you're a seasoned real estate agent or just starting out, Rick Guerrero's video will equip you with the knowledge to stand out online and convert your audience into clients
by Rick Guerrero Jan 29
Home prices hit record high in November despite cooling demand
In November, the Federal Housing Finance Agency and the CoreLogic Case-Shiller Indexes recorded annual gains of 4.2% and 3.8%, respectively, according to new data released Tuesday
by Richelle Hammiel Jan 28
Century 21 announces inaugural '30 under 30' honorees list
The brokerage chose the honorees based on sales volume, customer satisfaction, community involvement and social media presence. California had the greatest number of honorees
by Marian McPherson Jan 8
Housing inventory hits post-2020 high as unsold homes linger
In November, active listings rose 0.5% month over month and 12.1% year over year, according to Redfin's analysis
by Richelle Hammiel Jan 2