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%.
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.
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.
You can now own Neil Armstrong's former Texas home
The mid-century modern home is currently listed for $550,000.
Mortgage demand plummets as high rates squeeze buyers
High mortgage rates are rapidly cooling housing demand.
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.
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.
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.
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.
Real estate brokerage giant predicts 'tough' market for remainder of 2023
Redfin CEO Glenn Kelman said the real estate market is at a 'standstill.'
Homebuilder sentiment plummets as mortgage rates surge again
Builder confidence unexpectedly dropped for first time this year.
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.
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.
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.
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.
High mortgages rates will weigh on the housing market for years
U.S. property prices face 2.4% decline amid high mortgage rates.
Remote work could wipe out $800B from office building value by 2030
A survey estimates office attendance is about 30% lower than pre-pandemic level in "superstar" cities.
Madison Square Garden secures special permit, sparking debate over Penn Station's future
Madison Square Garden is set to secure another special permit to operate above Penn Station for the next decade. However, not everyone is pleased with the decision.
Monthly mortgage payments reach record highs in US
The median monthly payment for home purchase loans jumped 14.1% in May to an all-time high $2,165.
Homeownership is the new hot wedding gift
Newlyweds are asking for cash to help with buying their first house in lieu of more traditional wedding presents.