Homebuyers gain leverage as sellers cut prices: Zillow

Prospective homebuyers have a better shot at securing a dream home as sellers continue to lower listing prices, according to a recent analysis by Zillow. Despite persistently high mortgage rates, buyers are capitalizing on these price reductions to neg… Continue reading

Former Google CEO scores buyer for $39.5M NoHo penthouse

Former Google CEO Eric Schmidt has found a buyer for his Manhattan penthouse, which listed for $39.5 million in December. It was the priciest home under contract last week among 29 NYC properties. Continue reading

Housing market challenges aren’t over yet, Barbara Corcoran warns

Mortgage rates have inched downward, with the 30-year fixed rate falling down “by a fraction of a point to 6.96 percent,” Corcoran said, representing the lowest rate in six weeks. The 15-fixed loan rate was 6.21 percent as of Thursday. However, Corcora… Continue reading

EXp Realty real estate agent found dead near New York highway

On Friday, police confirmed the victim as 57-year-old Emmanuel Moncoeur, ABC7 reported. The New York medical examiner’s office has confirmed Moncoeur died from blunt force trauma, ruling his death a homicide. His injuries included a fractured skull. Continue reading

Luxury sales surge near Mar-a-Lago as Trump settles into 2nd term

Luxury home sales have taken off since Donald Trump’s re-election, and Palm Beach, Florida, home to his Mar-a-Lago resort, is at the center of the boom, Mansion Global reported Thursday. Continue reading

Homebuyers remain sidelined despite more listing options

Even with an uptick in new listings, homebuyers aren’t rushing into the market. Instead, demand has dipped, leaving a growing supply of homes sitting as buyers remain hesitant about their next move, according to Redfin’s latest data analysis. Over the … Continue reading

Home prices continued to climb in most US metro areas in Q4: NAR

Home prices have continued their upward trend in Q4 2024, with 89 percent of U.S. metro areas seeing an increase in single-family existing-home prices, according to data released Thursday by NAR. Continue reading

Holly Parker joins Compass after 25 years at Douglas Elliman

Luxury real estate powerhouse Holly Parker is making a big move — after 25 years with Douglas Elliman, she’s taking her team to Compass in New York, the brokerage announced Wednesday. Continue reading

Patterson Homes joins Century 21 as 1st Memphis-based firm

Under Patterson’s leadership at Century 21, the team will continue serving clients in Shelby and Desoto counties, specializing in residential and commercial buying and selling, while strengthening brand recognition in the Greater Memphis area. Continue reading

Climate change reshapes real estate, putting $1.5T in value at risk

Climate change has shaken up the U.S. real estate market, with buyers no longer simply seeking better quality of life or affordable housing — but also considering climate risks before purchases. Continue reading