Image source: Getty Images Of all the homes my husband and I have sold over the years, my biggest regret involves house No. 6. We worked with the wrong real estate agent. She was gregarious and personable, and entirely too willing to fudge the truth if it meant earning a paycheck.
Housing demand is pulling back—fast—and the chief economist for Moody's Analytics has seen enough: "The housing market has peaked."
- The Hill
Home prices are up all over the country, but some states have seen particularly severe jumps. The typical U.S. home value is currently $344,141, according to Zillow’s home value index, which only includes the middle price tier of homes. That figure marks more than a 20 percent jump in the past year. But looking at…
With housing prices on the rise, it might seem like a tall order to find a place to live that has both affordable housing and good weather -- but such places do exist. PropertyShark analyzed U.S....
- Raleigh News and Observer
New estimates from the US Census Bureau track population growth to a new frontier.
The housing boom is transitioning into a new phase: the Great Deceleration.
Don't make the same mistake as Zillow when you try to price a home.
- Miami Herald
Billionaire developer Moishe Mana continues to add to his commercial real estate portfolio of 70 properties in downtown Miami, with his acquisition of the vacant retail property at 118 East Flagler Street.
There are signs that the Federal Reserve's interest hike campaign is beginning to force the U.S. housing market to cool off, a little. According to the latest market report from real estate brokerage Redfin , 19.1% of those selling their homes dropped their asking price in the four weeks ending on May 22. "The picture of a softening housing market is becoming more clear, especially to home sellers who are increasingly turning to price drops as buyers become more cost-conscious under higher mortgage rates," Daryl Fairweather, Redfin's chief economist, said in a statement.
- Business Insider
What's next for the US housing bubble? Industry experts break down the bull and bear cases for home prices in the months ahead.
Where are home prices headed the rest of this year? Here's a look at both sides of the argument from some of the most renowned experts in real estate.
My husband and I bought a retirement home in 2008, and he died two years later. The condo unit is worth $50,000 more than we paid. Should I sell it now or wait?
'While I still have a mortgage on my primary residence, I am wondering if I should sell the condo since it has now recouped the original selling price.'
The pandemic-driven shift to remote work freed millions of Americans to move wherever they wanted, but soon after, soaring inflation put the brakes on many of those dreams. So what's left out there...
Comedian and actress Amy Schumer is selling a seriously swanky penthouse apartment for $15 million, according to the Wall Street Journal.
Can I still do a Section 1031 exchange for my greatly appreciated property investment? ‘I don’t say this very often, but thank you IRS’
If you’re a serious real estate investor, you probably know about tax-deferred Section 1031 exchanges, AKA like-kind exchanges. While real estate values are still surging in many areas, you may hold appreciated property that you think has topped out and are now looking at what you think are greener pastures. President Biden’s menu of proposed tax increases would have greatly limited the Section 1031 exchange privilege, but it now appears that unfavorable change will not happen anytime soon.
- American City Business Journals
In a recent poll of nearly 3,000 Coloradans, 88% of respondents said the rising cost of living is a serious problem in the state.
- Naples Daily News
Southwest Florida has seen some mind-blowing home sales this year, from Naples, to Marco Island, to Captiva.
An index of pending U.S. home sales slumped 3.9% in April and fell for the sixth month in a row, signaling a sharp slowdown in the real estate market due to record home prices and rising mortgage rates.
- Miami Herald
The sprawling home is located in “the world’s most famous aviation community,” the listing says.
- Motley Fool
A combination of rising interest rates and fears of a recession has made investors skeptical of many growth stories. In this environment, real estate investment trusts (REITs) often hold up better than the erstwhile highfliers, given their steady dividend income. Realty Income (NYSE: O) is a classic dividend stock that works in almost every economic environment.
A mansion owned by the Trump family in Palm Beach, FL, is now on the luxury lease market. Located right across the street from Donald Trump‘s stately Florida residence, this luxe beach house is going for a hefty $208,000 per month—or just under $2.5 million per year. “This iconic and prestigious home on Billionaires Row offers a rare opportunity for people who want to try out the Palm Beach lifestyle,” says listing agent Margit Brandt, of Premier Estate Properties.
- CBS News Videos
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to discuss the housing affordability crisis, as home prices are up more than 34% over the last two years and rent has increased almost 17% from last year. Schlesinger offers advice for renters who may have a lease coming up soon and for home buyers who are trying to figure out what they can afford.