US home prices near 2022 high as prices rise for fifth-straight month

U.S. home prices rose to within 0.02 percent of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA. Continue reading

Compass picks up 2 top agents in Chicago from @properties

Anne Hodge and Debra Dobbs are joining Compass in the Windy City. The agents together bring more than 60 years of experience in Chicago real estate, according to the company. Continue reading

Barbara Corcoran sees price growth of 10-15% once rates drop

Barbara Corcoran told “Good Morning America” viewers on Wednesday that she doesn’t foresee prices dropping any time soon but could see them spiking once mortgage rates come down. Continue reading

Fueled by deals, new-home sales soar to highest level in 17 months

New-home sales rose 4.4 percent in July to an adjusted annual rate of 714,000 as the supply of existing homes continues to drop, according to data released Wednesday by the U.S. Census Bureau. Continue reading

Existing-home sales fall in July as low inventory, high rates take toll

Weighed down by low inventory and high mortgage rates, existing-home sales fell in July, to 4.07 million — or 16.6 percent lower than a year earlier, according to data from the National Association of Realtors. Continue reading

Housing starts inch up in July as builders scramble to meet demand

Housing starts increased 3.9 percent between June and July to a seasonally adjusted annual rate of 1.45 million units, according to data released Tuesday by the U.S. Census Bureau. Continue reading

Worth of US homes nears $50T as real estate values hit all-time high

The total worth of homes in the United States hit a record high of $46.8 trillion in June, overtaking the prior all-time high of $46.6 trillion set a year earlier, according to the analysis by Redfin Friday. Continue reading

How the top RE/MAX agent in the world nails his listing presentations

The Los Angeles agent told the crowd at Inman Connect Las Vegas on Thursday that he owes his success to mastering the listing interview. “There’s no second choice to this,” Jordan Cohen said. Continue reading