Author Archives: Lillian Dickerson

New home sales beat expectations as prices climb to historic record

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Sales of new single-family homes notched a seasonally adjusted annual rate of 800,000 in September 2021, while the median sales price hit a new record of $408,800. Continue reading →

Rent growth catching up to home price increases in major cities

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In 2021, East Coast rents made steady gains while West Coast rents remained stilted — until recently, a new report released Tuesday from Zumper reveals. Continue reading →

Annual home price gains may have peaked for now, FHFA data suggests

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Home prices inched up 1 percent in August from the previous month and soared 18.5 percent year over year, but annual gains may be slowing, according to the Federal Housing Finance Agency. Continue reading →

The luxury home of the future is all about blurring boundaries

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A deep integration with nature, more space and high-end smart home features are just some of the things luxury buyers will demand in their future homes. Continue reading →

Existing-home sales rebound in September after August dip: NAR

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Existing-home sales made a rebound in September following a dip in sales in August, NAR reported. All four major U.S. regions saw an increase in sales from the previous month. Continue reading →

Corcoran names new regional VP of Downtown Manhattan

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Ryan Fitzpatrick was previously senior managing director of the brokerage’s Chelsea office, and has over 20 years of experience in the industry. Continue reading →

Agent, brokerage on the hook after termite inspector’s botched job

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A Tampa Bay Realtor, her brokerage and a client are being sued by a homebuyer after the property was cleared for termite damage by an unlicensed inspector. Continue reading →

24 agent tips for second-homeowner clients as they prepare to settle in

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Give your clients these savvy tips as they prepare to fly the coop for the winter, and you’ll solidify their trust as a second-home expert. Continue reading →

Housing starts faltered in September amid supply constraints

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Multifamily housing starts dipped 1.6 percent in September following a month in which the sector delivered surprising gains while single-family housing starts remained steady from the previous month. Continue reading →