3 years after lockdown, foreclosed homes remain rare but on the rise

Foreclosures are still affecting a tiny slice of the nation’s home inventory. Here are the markets where you’re most likely to find one, according to a new report from Attom. Continue reading

Who is Flannery, the secret owner of $1B in land near a US airbase?

The federal government is investigating Flannery Associates, an entity that has scooped up more than 80 square miles of land near Travis Air Force Base in California without disclosing who owns it. Continue reading

Builder hiring ramps up while real estate brokerages keep pace

Builders and residential contractors added nearly 60,000 jobs in June — about 11,000 more than expected for this time of year, according to data released Friday by the Bureau of Labor Statistics. Continue reading

Average homes sell above asking price for first time since last year

The average sale price nationwide just exceeded 100% of list price for the first time since August of last year, according to a new market report from Redfin released on Thursday. Continue reading

Manhattan luxury-condo sellers are giving in to buyer demands

Even as transactions are going through for higher-priced condos and apartments, sales in the lower price tiers have been drying up. Continue reading

Kendall Bonner: The industry isn’t ready for reality of commission suit

Bonner, an eXp team leader, has been vocal about the need for agents and brokers to consider how they’ll serve buyers in a post-lawsuit landscape. She expanded on her concerns with Intel. Continue reading

A first-time buyer in WW2, client becomes homeowner again at 100

The North Carolina centenarian, who bought her first home in the 1940s, is settling in at the “lovely house” where she’ll live with her son, news station WSOC-TV reported. Continue reading

DOJ: Ron DeSantis’ foreign-buyer property ban in Florida is unlawful

Department of Justice officials claimed last week the bans on some foreign citizens buying property in Florida violate the Fair Housing Act and the U.S. Constitution. Continue reading

Property investing is so hard, even Spencer Rascoff steers clear of it

The co-founder of Zillow and Pacaso just isn’t that into traditional real estate — at least as an income-generating investment, he told Arrived CEO Ryan Frazier in a recent interview. Continue reading

New listings plummet 27%, marking biggest annual fall since pandemic

The number of new listings coming onto the market has plunged since June 2022, according to data released Thursday by Redfin. Transaction levels remain low even as home prices creep higher. Continue reading