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Real Estate

New home sales tumble in August amid rising mortgage rates

New home sales tumble in August amid rising mortgage rates

New home sales plummet in August amid resurgence in mortgage rates.

5 days ago
Existing home sales fall for 5th month as supply crunch worsens

Existing home sales fall for 5th month as supply crunch worsens

Existing home sales slump in August as supply shortage, high mortgage rates hit consumers.

September 22
Homeowners face rising insurance rates as climate change makes wildfires, storms more common

Homeowners face rising insurance rates as climate change makes wildfires, storms more common

A report released Wednesday says states such as California, Florida and Louisiana, which are prone to wildfires and damaging storms and flooding, are likely to see the most dramatic increases in premiums.

September 21
This 'probably haunted' former funeral home is on the market

This 'probably haunted' former funeral home is on the market

A “stunning property" and historic former funeral home is for sale in Massachusetts, but buyers beware: it’s probably haunted.

September 21
Millennials feel they missed 'golden opportunity' to buy a home

Millennials feel they missed 'golden opportunity' to buy a home

A key mortgage rate reached 7.18% over the past week.

September 18
Monthly home prices hit all-time high, driving pending sales down

Monthly home prices hit all-time high, driving pending sales down

Monthly home prices have hit an all-time high in recent weeks, driving down pending home sales by as much as 28%. 

September 15
Average Manhattan rent remains over $5,500 a month

Average Manhattan rent remains over $5,500 a month

The average rent in Manhattan is now $5,552 a month, while the median rent remains at $4,400 a month.

September 14
Why are home prices so expensive? Blame the boomers, Barclays says

Why are home prices so expensive? Blame the boomers, Barclays says

Would-be homebuyers nationwide are facing a spike in housing costs amid an ongoing affordability crisis - and baby boomers may be to blame, Barclays says.

September 13
You can now own Neil Armstrong's former Texas home

You can now own Neil Armstrong's former Texas home

The mid-century modern home is currently listed for $550,000.

September 7
Mortgage demand plummets as high rates squeeze buyers

Mortgage demand plummets as high rates squeeze buyers

High mortgage rates are rapidly cooling housing demand.

September 7
Expert says ‘some kind of miracles’ needed in 'world of real estate' to reverse trends

Expert says ‘some kind of miracles’ needed in 'world of real estate' to reverse trends

The housing market continues to leave homebuyers struggling to find affordable options as mortgage rates surge and inventory remains scarce.

September 1
Survey: Half of homeowners want to move but feel stuck

Survey: Half of homeowners want to move but feel stuck

Even a small shift in mortgage rates could make a big difference to home affordability.

September 1
Home affordability is the worst it has been in nearly 40 years, study shows

Home affordability is the worst it has been in nearly 40 years, study shows

U.S. home prices recently faced their sharpest rise since November.

August 29
Mortgage rates reach highest level in over 20 years

Mortgage rates reach highest level in over 20 years

Rates for a 30-year fixed mortgage now average 7.09%, the highest since 2002, putting further pressure on the cooling housing market amid high prices.

August 18
Real estate brokerage giant predicts 'tough' market for remainder of 2023

Real estate brokerage giant predicts 'tough' market for remainder of 2023

Redfin CEO Glenn Kelman said the real estate market is at a 'standstill.'

August 17
Homebuilder sentiment plummets as mortgage rates surge again

Homebuilder sentiment plummets as mortgage rates surge again

Builder confidence unexpectedly dropped for first time this year.

August 16
These four US cities face the biggest housing shortages

These four US cities face the biggest housing shortages

The U.S. housing shortage is worse in several cities that have experienced a booming labor market, strong population growth, and low housing inventory.

August 10
This may have just become the most expensive home in Connecticut – again

This may have just become the most expensive home in Connecticut – again

Copper Beech Farm, with 50 acres of waterfront property in the tony New York suburb of Greenwich, has sold for just under $139 million, believed to be a record home sale in Connecticut, Sotheby’s International Realty said.

August 3
Gwyneth Paltrow lists Montecito guesthouse on Airbnb, will be there to greet guests

Gwyneth Paltrow lists Montecito guesthouse on Airbnb, will be there to greet guests

The one-night stay in September includes a meditation session, spa day and chef's dinner.

August 2
Home prices see sharpest rise since November even with lackluster demand

Home prices see sharpest rise since November even with lackluster demand

A typical home sold for about $382,000 during the four weeks ending on July 23.

July 28
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Rupert Murdoch announces transition to new role of Chairman Emeritus of FOX Corp and News Corp

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