In June, pending home sales fell 8.6% from the previous month, according to the National Association of Realtors. That’s the latest sign that the frenzied housing market we’ve come to know during the pandemic is finally cooling off. So what’s it like to be buying or selling a home right now? “We were finding that […]
Continue Reading
The housing slowdown we’ve been anticipating for months is here. The big picture: Home sales are slowing down, and some of the pandemic era’s hottest “Zoomtowns” — sleepy areas where remote workers pushed up real-estate prices — are already seeing price drops. Why it matters: The idea of a real estate downturn might seem scary, especially […]
Continue Reading
The U.S. housing sector is finally cooling off. For those looking to buy, there are homes in several parts of the country that are on sale right now, according to new data. Sellers slashed home prices in June in areas that saw red-hot price appreciation earlier in the pandemic, including Reno, Nev., Austin, Texas, and […]
Continue Reading
The real estate investment platform backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos has continued ramping up its acquisitions of single-family rental homes in several U.S. markets. Arrived Homes acquires single-family homes to use as rental properties, then sells shares of these properties to investors through its online platform. The demand for rental property […]
Continue Reading
The pandemic spurred millions of Americans to abandon city life, fleeing to the ‘burbs. A new report highlights a novel destination for would-be homeowners to consider: The R.V. capital of the world. The Wall Street Journal/Realtor.com Emerging Housing Markets Index, released Tuesday, ranked Elkhart-Goshen, Ind., as the top housing market. (Realtor.com is owned by the same […]
Continue Reading
Over the past dozen years, Sanford Solny has built a New York real estate empire, snatching up small residential buildings across the city that churn out hundreds of thousands of dollars in rent. His portfolio would be enviable but for one thing — much of it, prosecutors and homeowners contend, was stolen. In criminal charges […]
Continue Reading
As the blazing-hot housing market continues to cool across most of California, the Bay Area communities maintaining the strongest growth in home values appear increasingly concentrated in affluent North Bay communities, especially on the Marin County coast, according to the latest data. The Chronicle analyzed data from real estate listings company Zillow to see which […]
Continue Reading
As the real estate market boom continues across the country, demand isn’t expected to slow down in the Upstate any time soon.At the beginning of 2022, realtors told WYFF News 4 that it was tough to keep houses on the market.“It may slow down everywhere else, but not here,” Palmetto State Home Mortgage owner Shawn […]
Continue Reading
Real estate investment platform Fundrise recently acquired Sunset Village, a community of 233 detached, single-family rental homes in Panama City, Florida. The purchase was made by a joint venture between two Fundrise-sponsored funds: the Flagship Real Estate Fund, which was backed by Goldman Sachs Group Inc. (NYSE: GS) last year with a $300 million credit […]
Continue Reading
Katrina Campins weighs in on the recent slowdown in the real estate market and explains what’s behind it. Luxury real estate agent Katrina Campins argued Wednesday that “the stock market is going to be an indicator of what happens in the real estate market.” The Campins Company founder stressed clients have been impacted by the stock market, which, […]
Continue Reading