Rex Heuermann: What we know about the killer’s architecture firm

The founder of RH Consultants & Associates in Long Island, New York, oversaw projects on behalf of Target, Nike and others while allegedly carrying out a string of murders between 1996 and 2011. Continue reading

Home value hits all-time high in June as owners cling to low rates

The typical home value breached $350,000 for the first time in June, a new peak in typical values according to a report by Zillow. Redfin shows nearly 92 percent of homeowners have a mortgage rate below 6 percent. Continue reading

Inflation drops steeply in June to lowest level in more than 2 years

Housing costs were again the largest contributor to inflation, accounting for more than 70 percent of the annual increase of the Consumer Price Index, according to new Bureau of Labor Statistics data. Continue reading

US home price growth plunges to lowest level in more than a decade

Annual home price growth fell below 2 percent for the first time since 2012 as high prices and mortgage rates continued to inhibit buyers and sellers, according to data released Tuesday by CoreLogic. Continue reading

Pending home sales fall, but Northeast sees a surge: Data

Sales of pending homes declined 2.7 percent in May and were down 22.2 percent from a year ago, but the Northeast saw a 12.9 percent increase, according to new data from the National Association of Realtors. Continue reading

Los Angeles agent Gary Glass joins Christie’s International Real Estate

The agent with “an unmatched sales record” is moving to AKG | Christie’s International Real Estate after a 32-year career with Berkshire Hathaway, according to the company. Continue reading

Corcoran affiliate expands Jersey Shore presence with acquisition

Corcoran Baer and McIntosh will expand into Sea Girt, New Jersey, with the acquisition of Ocean Pointe Realtors, the company exclusively told Inman. Continue reading

New home sales jumped 20% in May, a 12.2% jump from April

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price. New home sales surged 20 percent from a year a… Continue reading

The Agency brings 1st office in North Carolina to Charlotte

Industry veteran Erika Mendoza will serve as managing partner and broker in charge, and Abigail Hines Miller will also serve as managing partner, according to the company. Continue reading

US needs 4.3M homes to close the affordability gap: Zillow

During 2021, there were 8 million “missing households” across the country — families without homes of their own — compared to just 3.7 million housing units available for rent or sale, according to Zillow. Continue reading