Author Archives: Ben Verde

NYC Douglas Elliman agent Tom Cooper dies at 56

By Ben Verde | December 27, 2023 - 7:01 pm |December 27, 2023 Uncategorized

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A California native, Cooper was a highly successful luxury agent who fell in love with the “chaos” of Manhattan’s architecture before embarking on his real estate career. Continue reading →

Get packing: 10 places that will pay you to live there in 2024

By Ben Verde | December 27, 2023 - 5:11 pm |December 27, 2023 Uncategorized

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More and more places are turning to cash incentives or free land to lure new residents. Here are 10 to consider if you or your clients are thinking of making a change in the new year. Continue reading →

US home prices tally biggest uptick of 2023 amid steep mortgage rates

By Ben Verde | December 26, 2023 - 5:29 pm |December 26, 2023 Uncategorized

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The S&P CoreLogic Case-Shiller National Home Price Index posted a yearly increase of 4.8 percent during October, their fastest annual rate increase of 2023. Continue reading →

Dava Davin on running the No. 1 indie brokerage in Maine

By Ben Verde | December 26, 2023 - 10:00 am |December 26, 2023 Uncategorized

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The brokerage owner sat down with Inman ahead of her appearance at Inman Connect New York in January to discuss career shifts, the market and what’s ahead in 2024. Continue reading →

New-home sales fell in November, but brighter days may lie ahead

By Ben Verde | December 22, 2023 - 7:12 pm |December 22, 2023 Uncategorized

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Sales of newly built single-family homes fell 12.2 percent between October and November to an annual rate of 590,000, but lower interest rates may bring relief. Continue reading →

Sprawling waterfront Miami mansion lists for $36M

By Ben Verde | December 21, 2023 - 8:39 pm |December 21, 2023 Uncategorized

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The mansion was the home of Fanny and Charles Dascal, a prominent Miami couple who came to the United States from Cuba and founded Continental National Bank. Continue reading →

Existing-home sales inch up in November after 5-month decline

By Ben Verde | December 20, 2023 - 5:24 pm |December 20, 2023 Uncategorized

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Sales of existing single-family homes edged up 0.8 percent between October and November, and more gains are expected as interest rates settle. Continue reading →

Housing starts defy expectations, surge to highest point since May

By Ben Verde | December 19, 2023 - 5:22 pm |December 19, 2023 Uncategorized

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Housing starts jumped 14.8 percent between October and November to a seasonally adjusted annual rate of 1.56 million. That’s 9.3 percent higher than they were in December 2022. Continue reading →

Builder sentiment improves on heels of falling mortgage rates

By Ben Verde | December 18, 2023 - 5:58 pm |December 18, 2023 Uncategorized

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Builder confidence in the market for single-family homes rose three points to a score of 37 during December, the first monthly improvement since August. Continue reading →

Grant Cardone thinks real estate is due for the correction of a lifetime

By Ben Verde | December 15, 2023 - 7:44 pm |December 15, 2023 Uncategorized

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The owner of the real estate investment firm Cardone Capital said in a recent television interview he predicts a massive price correction in the months ahead. Continue reading →