News / Features
Millennials are purchasing houses — finally. Over the past year, millennials made up the largest share of homebuyers: 37% according to Barron’s.
As more house hunters are opting to live in socially, racially and culturally diverse communities, developers are formulating strategies to list more inclusive properties on the market, according to a report by The Wall Street Journal. Developers’ strategies include
Florida real estate was a hot commodity for international buyers in 2021, and it’s about to get even hotter — especially the luxury condominium market, according to Rishi Kapoor, CEO of Location Ventures. Earlier this year, the National Association
Entertainment is a top priority of the “Royale Reunion” in Kissimmee, FL. This luxury villa is equipped with a home theater room, arcade game rooms and… a private casino.
Boston and Raleigh had the highest bidding-war rates, as the rate fell to a 2021 low.
Palm Beach Realtor Julie Ann Giachetti of JAG Luxury Homes Group has joined ONE Sotheby’s International Realty. Giachetti’s real estate career spans three decades with over $1 billion in closed sales, according to a press release. She specializes in
What was your most interesting job before going into real estate? Throughout my early professional years, I worked for the finest names in Luxury: Prada, Valentino and Gucci. As I look back, I think that was such an
“Contract transactions slowed a bit in September and are showing signs of a calmer home price trend, as the market is running comfortably ahead of pre-pandemic activity.” — NAR chief economist Lawrence Yun
A Florida billionaire has purchased a pair of multifamily apartment complexes in the Heights, according to a press release. Grant Cardone, known to Discovery Channel fans as the “Undercover Billionaire,” purchased the recently built apartment mid-rises through his real
The iconic home from “A Nightmare on Elm Street” is prime Hollywood real estate. And it’s currently for sale.
Home-price gains were once again broadly distributed, as all 20 cities in the S&P CoreLogic Case-Shiller Home Price Index rose, although in most cases at a slower rate than a month ago.
It’s been a more than a year and a half of technological innovation in real estate in response to the COVID-19 pandemic, and the Federal Housing Finance Agency has decided to make one tool — desktop appraisals — permanent.
At the same time, the increase in interest rates drove fewer borrowers to refinance their loans, according to the Mortgage Bankers Association.
The month also saw a slight shift in inventory, even though shortages continued.
Pet ownership increased dramatically during the pandemic. 73% of homeowners report at least one pet in the home.
“There simply aren’t enough homes for sale relative to the demand fueled by millennials armed with low mortgage rate-driven house-buying power.” — First American Deputy Chief Economist Odeta Kushi
