As expected, Redfin reports asking prices down from the all-time high

A record-high share of home sellers are dropping their prices after this month’s historic mortgage-rate hike put a damper on homebuyer activity More and more, home sellers are ceding to the mounting pressure on affordability posed by this month's rapid mortgage-rate hike, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. The median … Continue reading As expected, Redfin reports asking prices down from the all-time high

Redfin reports typical U.S. asking rent surpassed $2,000 for the first time in May

Asking rents were up over 30% in Cincinnati, Seattle, and Nashville and nearly 50% in Austin The median monthly asking rent in the U.S. surpassed $2,000 for the first time in May, rising 15% year over year to a record high of $2,002, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. That’s … Continue reading Redfin reports typical U.S. asking rent surpassed $2,000 for the first time in May

RE/MAX National Housing Report for April 2022

Competitive Spring Market Greets Buyers and Sellers with More Listings, Higher Prices Signaling a flattening of the seasonal spring ramp-up, April 2022 home sales increased less than 1% over March – and dropped 12.8% year over year – across the report's 53 metro areas. That, coupled with an 11.5% increase in new listings from March to April, … Continue reading RE/MAX National Housing Report for April 2022

HGTV unveils the HGTV Smart Home 2022 in Wilmington, North Carolina

The Winner Will Receive a Prize Package Valued at Over $1.2 Million  HGTV, a member of the Discovery, Inc. family of brands, today unveiled the newly built HGTV® Smart Home 2022 in Wilmington, NC. The winner will receive the fully furnished home, a 2021 Mercedes-Benz GLC 300 and $100,000 from LendingTree, a prize package valued at over $1.2 million. Video Tours Below! … Continue reading HGTV unveils the HGTV Smart Home 2022 in Wilmington, North Carolina

Redfin reports demand slips, pushing more sellers to drop asking prices

Early indicators of homebuyer activity falter further as mortgage rates shoot up. by Tim Ellis for Redfin Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. At the same time, the average 30-year fixed mortgage rate … Continue reading Redfin reports demand slips, pushing more sellers to drop asking prices

Property taxes on single-family homes rise across U.S. in 2021, to $328 billion

Average property tax also up 2 percent, to $3,785 as effective rate declines slightly; Highest effective tax rates in Illinois, New Jersey, Connecticut, Vermont, Pennsylvania ATTOM, a leading curator of real estate data nationwide for land and property data, today released its 2021 property tax analysis for almost 87 million U.S. single family homes, which shows that $328 … Continue reading Property taxes on single-family homes rise across U.S. in 2021, to $328 billion

Take the guesswork out of home maintenance with this handy new app

Manage your home like a pro. There was a surge of first-time homeowners in 2020 and whether they purchased a home to escape a city, gain a remote work space or a yard for their kids, these new homeowners all have one thing in common: they must navigate the complexities of home maintenance. With this in … Continue reading Take the guesswork out of home maintenance with this handy new app

Disney Launches New Business to Develop Residential Communities

Storyliving by Disney will feature distinctively designed spaces, unique amenities and world-renowned service Do you want to feel Disney magic every day? As more and more fans look for new ways to make Disney a bigger part of their lives, the company today announced plans to introduce Storyliving by Disney, vibrant new neighborhoods that are … Continue reading Disney Launches New Business to Develop Residential Communities

Modern Mountainside Retreat Captures Palm Springs Panorama

Stunning "Norton House" Listed at $3.495M With uninterrupted and unrivaled views of Palm Springs, the eye-catching and architecturally-significant "Norton House" has just been listed for sale at $3.495 million. The 2,596-square-foot Araby Cove home blends Eastern inspiration with Western influence, integrating seamlessly into its surrounding desert landscape while leaning into unique design traits that create a truly … Continue reading Modern Mountainside Retreat Captures Palm Springs Panorama

Knock 2022 Housing Forecast Reveals the Best Markets for Each Stage of Life

Austin is the best market for millennials, Miami rises to the top for Gen X and Pittsburgh ranks No. 1 for baby boomers With affordability and limited supply expected to keep the housing market competitive and remote work and the desire for more space influencing decisions on where to live, Knock, the fast-growing homeownership platform … Continue reading Knock 2022 Housing Forecast Reveals the Best Markets for Each Stage of Life