Seattle is more affordable than Detroit? How’s that even possible?

New York City clocked in as the least affordable city, with rent accounting for 121 percent of each paycheck, according to a new study released on Friday. Continue reading

The 5 most important findings from Zillow’s consumer trends report

Eighty-four percent of all sellers said they rely on agents to provide guidance from the beginning to the end of the transaction, but Millennials are the most likely to take on a DIY approach… Continue reading

Pending home sales decrease in August, marking 8-month decline

Pending home sales dropped 2.3 percent in August — the eighth consecutive month of annualized declines, according to the National Association of Realtors. Continue reading

Sotheby’s International Realty expands in China with new office

Sotheby’s International Realty is working to expand its footprint in China with the addition of a new affiliate in the nation’s largest city, Shanghai. Continue reading

New residential home sales rise in August, reversing 2-month decline

New residential home sales increased 3.5 percent in August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. Continue reading

Home price growth slows to 6 percent in July

Annual home price growth was 6.0 percent in July, according to the latest S&P CoreLogic Case-Shiller National Home Price NSA Index, released Tuesday. While that would seem to bode well for homeowners, annual appreciation actually was higher the mon… Continue reading

New legislation aims to make mortgages easier for gig workers

Self-employed workers have a hard time qualifying for a mortgage. A new bill called the Self-Employed Mortgage Access Act could change that. Continue reading

Design-focused indie brokerage Deasy/Penner acquires Podley Properties

SoCal-based luxury real estate brokerage Deasy/Penner has acquired Podley Properties, an independently-owned brokerage with a team of 175 agents and 20 support staff spread across six offices in Altadena, Glendora, La Canada, Monrovia, Pasadena, and Si… Continue reading