Author Archives: Daniel Houston

Newlywed Britney Spears secures $11.8M California mansion

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Shortly after Britney Spears’ wedding last week, the pop icon’s car was seen parked with moving trucks at a recently sold mansion outside LA. Continue reading →

Rise, fall, repeat: The biggest housing surprises of 2022  (so far)

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Heading into 2022, forecasters at Realtor.com set expectations for where the home market would go. Halfway in, they’re taking a second look. Continue reading →

Buyers of new homes spend double on 1st-year improvements: Analysis

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Hidden costs loom large for buyers in the first year of homeownership, and, surprisingly, that can be even more true with a new build, according to the National Association of Homebuilders. Continue reading →

Sales declines, price drops and the return of buyer incentives: Oh my!

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It’s getting hairy out there for homebuilders as construction leaders report that buyers are losing interest in pricy new properties now that mortgage rates have climbed, according to a new survey. Continue reading →

What are the odds of a housing bubble? 114 experts weigh in

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More than 100 housing experts surveyed by Zillow generally agreed that housing prices won’t face a big downturn. But a mild recession may be in play later this year or in 2023, they believe. Continue reading →

Real estate agents received billions in PPP loans during the pandemic

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More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading →

Amid market jolt, hiring continues in residential development sector

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Employers added 16,700 residential construction jobs in May on a seasonally adjusted basis, nearly doubling the national rate of job growth, according to new Department of Labor figures. Continue reading →

Panthers owner seeks bankruptcy protection for his real estate firm

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A real estate LLC operated by David Tepper, the richest owner of an NFL team, filed for Chapter 11 after an $800 million project fell through. Continue reading →

Zombie foreclosures post 1st increase since moratorium’s end

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The number of vacant properties going through the foreclosure process is on the rise once again, even as fewer total properties lie vacant. Continue reading →