Author Archives: Daniel Houston

Number of affordable places to live hits lowest point in 2 years

By Daniel Houston | June 30, 2021 - 9:52 pm |June 30, 2021 Uncategorized

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Home prices in most counties in a recent study were less affordable than their historical averages as price growth outpaced rising wages. Continue reading →

Saudi retail tycoon plans to list Manhattan condo for $170M

By Daniel Houston | June 29, 2021 - 10:06 pm |June 29, 2021 Uncategorized

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Fawaz Al Hokair’s Manhattan apartment could soon hit the market for nearly double what the real-estate mogul paid for it in 2016. Continue reading →

After year of lower rent, landlords steer back to pre-pandemic prices

By Daniel Houston | June 29, 2021 - 4:36 pm |June 29, 2021 Uncategorized

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Rents nationwide have recovered fully from their pandemic-induced declines, according to a new report from Apartment List. Continue reading →

Travelers rush to book thin rental inventory in hot US vacation spots

By Daniel Houston | June 29, 2021 - 2:00 pm |June 29, 2021 Uncategorized

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Demand for vacation rental homes has outpaced supply in the Gulf Coast, Southeast and Midwest, Vrbo’s president said in a recent interview. Continue reading →

Second-home startup Pacaso to add markets in North America, Europe

By Daniel Houston | June 29, 2021 - 1:00 pm |June 29, 2021 Uncategorized

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The company, which offers co-ownership of second homes in 20 U.S. markets, announced plans to expand into Europe, Mexico and Canada. Continue reading →

Offerpad draws from big companies as iBuyer prepares to go public

By Daniel Houston | June 28, 2021 - 2:24 pm |June 28, 2021 Uncategorized

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Four new members will join the iBuyer’s board later this year, including a Zillow executive and the former chief executive officer of Move, Inc. Continue reading →

Home sales off instant cash offers grow 20% in first quarter: Redfin

By Daniel Houston | June 25, 2021 - 4:52 pm |June 25, 2021 Uncategorized

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Purchases by iBuyers rose 20% in the first quarter of 2021, but remained down year over year, according to a Redfin analysis. Continue reading →

Renters were already feeling better. Then the eviction ban was extended

By Daniel Houston | June 25, 2021 - 2:22 pm |June 25, 2021 Uncategorized

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A new Zillow analysis found renters were growing more confident even before the government extended its moratorium on evictions through July. Continue reading →

Mortgage rates tick back above 3% as economic recovery continues

By Daniel Houston | June 24, 2021 - 4:16 pm |June 24, 2021 Uncategorized

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Freddie Mac’s chief economist said rates could continue to rise during the second half of the year after reaching historic lows in January. Continue reading →

‘I’ve never seen anything like this’: 580 Seattle homes have sold for $300K above ask this year

By Daniel Houston | June 23, 2021 - 10:35 pm |June 23, 2021 Uncategorized

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A new Redfin report found that homes in some of America’s largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend. Continue reading →