NBC News’ Gabe Gutierrez takes us to Atlanta for a closer look at a growing trend— large financial firms buying and renting out single-family homes.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting
Her eponymous talk show may be ending, but it doesn’t appear Ellen DeGeneres has any plans to slow her real estate roll. Two months ago, she paid $8.5 million for a carefully preserved midcentury modern home in Beverly Hills. And last month alone, records reveal DeGeneres and longtime wife Portia de Rossi completed three more […]
- Fort Worth Star-Telegram
And yes, it comes with an entire rooftop all to yourself.
- American City Business Journals
These house hunters will likely have big effects for the housing market in Lake Nona and other parts of Orlando.
The property is described as a "contemporary compound" with a "Tulum-modern" aesthetic
‘It’s not the all-out feeding frenzy seen earlier.’ Economists and real estate pros on what the housing market will look like this fall
Links in this article may result in us earning a commission, but our recommendations are independent of any compensation that we may receive. Mortgage rates remain near historic lows: Some 15-year rates are near 2% and some 30-year rates are below 3%, as you can see here.
- Yahoo Finance Canada
Canadians have been given $10 billion dollars by their parents to help buy homes in the last year, says CIBC economist, and the average amount per buyer is going up.
It's the perfect fit for a bit of family backstabbing.
- USA TODAY
'It's just draining': Homebuyers frustrated by a cutthroat housing market are putting their searches on hold
The share of homebuyers who believe it is a bad time to buy rose to 66% in September, according to a Fannie Mae survey.
Homeownership has its benefits. But be sure you can accept what could be a rather bumpy and disappointing long-term path for home values.
(Bloomberg) -- A traditional real estate brokerage is getting deeper into new approaches to buying and selling homes, and relying on a partnership with a Blackstone Inc. company to do it.Most Read from BloombergCities' Answer to Sprawl? Go Wild.Hamburg Is at the Heart of Germany’s Growing Dilemma Over ChinaWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyOne of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Top Money Maker at Deutsche Bank Reaps Billions
Rising mortgage rates are 'limiting some buyers’ ability to push home prices higher,' one economist reasoned.
- Motley Fool
Today's housing market is a really tough one to navigate. Not surprisingly, millennials remain interested in buying homes, reports Zillow. In fact, Zillow says younger buyers now make up a smaller share of the real estate market than in previous years, which suggests that these buyers are being crowded out by repeat buyers, including boomers.
- Architectural Digest
The 350 year old dwelling still features some gardens designed by the acclaimed horticulturist
The new-home sales report from the U.S. Census Bureau, unlike the existing-home sales report from the National Association of Realtors, reflects sales where the contract is signed but the transaction has not yet closed. The median sales price of new houses sold in September was $408,800, marking a new record high. As Pantheon Macroeconomics chief economist Ian Shepherdson noted, Americans may be seeing “something of a revival in the housing market.”
The St. Petersburg City Council recently moved to make it easier for non-residential lots to be rezoned, in an effort to help provide more land for affordable housing. It's a move local advocates say is a good start, but they're hoping to see more policy changes on the way.
- Yahoo Finance
Standard & Poor’s said Tuesday that its S&P CoreLogic Case-Shiller national home price index posted a 19.8% annual gain in August, the same from July — remaining at an all-time high.
- Associated Press
U.S. home prices jumped in August by a near-record amount from a year earlier, as Americans eager to buy a home drove up prices on a dwindling number of properties. Home prices are now at all-time highs in all 20 cities in the index. Mortgage rates have also been historically low, though they have risen in recent weeks, and many Americans have become wealthier since the pandemic as stock prices have moved steadily higher, enabling them to afford a new home.
- Reuters Videos
The spike in home prices may be losing some of its sizzle but not home sales. The S&P CoreLogic Case Shiller index that monitors prices in 20 U.S. metropolitan areas rose 1.2% in August. That’s the smallest gain since July of 2020, and it was less than what economists had expected. An official at S&P DJI said the data suggest housing price growth may be beginning to decelerate. Growth on a year-on-year basis also slowed, dipping from July’s record level to 19.7%. That was also short of estimates. Sunny cities in the southwest and southeast reported the highest annual price gains: Phoenix, San Diego and Tampa. Those rising prices are not deterring home buyers. Sales of single-family homes surged to a six-month high in September. The Commerce Department reported Tuesday new home sales jumped 14%. Still the buying frenzy has abated from last year as workers return to offices and schools reopened.
- American City Business Journals
One of the nation's largest homebuilders is bringing over 300 new homes to Granville County. The City of Oxford voted earlier this month to annex 129.9 acres into the city. On the land, Texas-based LGI Homes (Nasdaq: LGIH) plans to build a 302-lot subdivision off Highway 96 South called Meadows.
- Miami Herald
Losses from crimes involving real estate have been increasing recently, rising from $36 million in 2019 to $50 million last year.