News / Features
Treasure awaits … floating on the Potomac River in Virginia. This unique pirate ship home is listed by owner Daniel Corder for $49,000.
Homebuyers nationwide had more time to make decisions in August with the first year-over-year increase in median days on the market since June 2020.
Though home prices are still increasing across the United States, the rate of growth is slowing, according to the latest S&P CoreLogic Case-Shiller Indices.
Coral Gables has been named one of the 15 most family-friendly cities in the nation, according to iBuyer platform Opendoor.
More borrowers are turning to adjustable-rate mortgages to save money as interest rates climb.
Selene Oceanfront Residences will include two towers at 26 stories each at 151 N. Seabreeze Boulevard.
The modest 1% decline could indicate the current housing cycle is reaching a bottom as mortgage rates recede from their recent high, the National Association of REALTORS® said.
The median price of a new home sold during the month was up 5.9%, however, according to figures from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Nationally, the median sales price slid 2.9% from June but rose 8.1% from July 2021, while closed transactions were down 16.6% on a monthly basis and 26.3% on a yearly one, RE/MAX said in its National Housing Report.
The analysis, published this month, assessed every U.S. state in five categories: affordability, economy, education and health, quality of life and safety.
Homes continued to sell quickly, a median of 13 days to contract, even as inventory increased.
A recent decline in mortgage rates could return some purchasing power to buyers going forward, National Association of REALTORS® chief economist Lawrence Yun said.
Compass revealed big losses — to the tune of $100 million — in its second quarter report. And as a result, the firm will no longer offer equity or cash incentives to new agents.
Meltzer has more than 30 years of construction experience and previously led a top national construction firm.
The pace of housing starts for both single-family and multifamily residences was down on a month over month basis, the U.S. Department of Housing and Urban Development reported.
Agent and designer Katie Blineau has joined the Jupiter office of Illustrated Properties, a member of The Keyes Company.
