Author Archives: Richelle Hammiel

Housing inventory hits post-2020 high as unsold homes linger

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In November, active listings rose 0.5 percent month over month and 12.1 percent year over year, according to Redfin’s analysis. Continue reading →

QUIZ: How well do you remember the big real estate stories of 2024?

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Scandals, lawsuits, Fed rate cuts and iconic listings made headlines this year and kept the real estate industry buzzing. Now, let’s see how well you recall these standout moments of 2024. Continue reading →

Sherry Chris steps down from advisory role at Anywhere

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A year and a half after transitioning from her chief executive position to an advisory role, Chris announced that she’s “on to a new adventure.” Continue reading →

Fifth Wall Ventures targets $500M for new real estate tech fund

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Fifth Wall Ventures, a venture-capital firm, plans to raise an impressive $500 million for a new fund, the Fifth Wall REACT Fund, according to a new regulatory filing on Wednesday. Continue reading →

Existing-home sales surge to highest level in more than 3 years

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Existing-home sales rose 6.1 percent annually in November while three out of four U.S. regions saw increases from 2023, according to new data released Thursday by the National Association of Realtors. Continue reading →

LA property where actress Brittany Murphy died lists for $18M

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The Los Angeles mansion where late actress Brittany Murphy and her husband Simon Monjack died has long been the source of fascination and speculation. Now, the property is back on the market for $18 million, according to a Realtor.com report. Continue reading →

Brooklyn woman charged in $16K rental fraud scheme

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Brooklyn District Attorney Eric Gonzalez announced Monday that Svetlana Katzevman had been indicted for allegedly advertising her Gravesend apartment complex in a Russian-language newspaper, and charging renters between $700 and $2,300 for deposits and… Continue reading →

Older buyers prioritizing lifestyle over climate risk, Redfin says

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In 2023, nearly 37 percent of homes bought by individuals aged 65 and older were located in areas with high risk of extreme heat, compared to 32.3 percent of homes purchased by those under the age of 35. Continue reading →

HomeSmart joins brokerages in allowing agents to shift from NAR

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The shift by HomeSmart and Realty One Group reflects growing skepticism about NAR’s three-way agreement and Phoenix Realtor’s announcement of MLS Choice in November. Continue reading →

Mobile home prices surge but remain an affordable alternative

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The price of mobile homes has surged by approximately 58 percent between 2018 and 2023, outpacing the 37.66 percent growth in traditional single-family home prices. Continue reading →