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At the same time, the inventory of new homes for sale rose 10.7%, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
The pace of new multifamily construction, however, jumped, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
Real Estate Consulting ranks the top-selling master-planned communities in the first half of 2022, and Westlake in West Palm Beach is No. 31.
At the same time, the median existing-home price rose 13.4% year over year to $416,000.
Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX said.
Nelson Gonzalez of Berkshire Hathaway HomeServices WEM Realty in Miami Beach was the No. 1 individual agent by volume.
July saw the NAHB/Wells Fargo Housing Market Index post its second-largest monthly drop ever, as worries about housing affordability dampened builder sentiment.
Talk about a detached home. Floating out in the United Kingdom’s Humber Estuary is Bull Sands Fort: a military sanctuary designed during the first World War.
Elliman Showroom is a personal assistant platform that aims to streamline the move-in process for homebuyers.
About 14.9% of home-purchase agreements nationwide fell through in June, the highest percentage in more than two years.
Actor Christian Slater is selling his Coconut Grove home which features a rooftop terrace and detached suite for hosting family or friends.
According to the annual survey, the typical Realtor saw their transaction sides rise from 10 to 12 and their sales volume increase from $2.1 million to $2.6 million.
The tool takes the guesswork out of the home-shopping process by highlighting condos eligible for Veterans Affairs (VA) financing.
The residential-brokerage franchisor announced a host of company-wide steps it is taking to grow its business.
A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.
Florida registered the nation’s highest year-over-year home price growth, up 33.2%. Tampa led the country on a metropolitan level, with home prices up 33.4%. Miami also saw a significant surge in price growth, up 24.3%.
