Author Archives: Richelle Hammiel

US home prices rise 0.2% in July, slowest growth since January 2023

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The slow price growth is attributed to a shortage in housing inventory and limited buyer competition, according to a Redfin report published on Tuesday. Continue reading →

Typical monthly mortgage plunges from all-time high recorded in April

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The latest adjustment marks the lowest a typical payment has been in six months — and, with a mere 1 percent month-over-month increase, the smallest uptick in five years, according to a Redfin analysis. Continue reading →

Teacher rental affordability remains below pre-pandemic levels

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Teachers can now afford 47.9 percent of rental apartments within commuting distance of their schools, an increase from 40.7 percent the previous year, Redfin reported on Wednesday. Continue reading →

Police search underway for missing Toronto-based Century 21 agent

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Veteran Century 21 agent Yuk-Ying Mui, 56, vanished Aug. 9. Rescue teams have narrowed their search to a property outside Toronto she was due to visit on the morning of her disappearance. Continue reading →

Amazon debuts trio of tiny homes in face of home affordability crunch

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The “Prefab Hiking House” series of homes designed by OneSpaceHub includes a split-level 40-foot property featuring a sun deck for $48,000 and a single-story home with a terrace priced at $19,000. Continue reading →

World’s most expensive, futuristic motorhome priced at $2.5M

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According to Van Conover, the Prevost motorhomes typically belong to “A-list artists, top of the top in the music industry, F1 racers and high-level entrepreneurs” who can customize the motorhome however they see fit from the floors, the color of the l… Continue reading →

NAR membership rebounds ahead of Aug. 17 settlement deadline

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More agents are joining the National Association of Realtors ahead of the approaching Aug. 17 deadline for Realtors and MLSs to implement policy changes. Continue reading →

Expedia adjusts H2 projections despite revenue growth

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Expedia Group met the high end of its earnings expectations for the second quarter of 2024, despite a challenging macro environment and softening travel demand, according to an earnings report released Thursday. Continue reading →

Ultra-luxury sales show resilience, up 3.9% from last year

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Ultra-luxury sales, or residential sales valued at or above $10 million, totaled $14.6 billion across 838 transactions, an increase of 3.9 percent during the first half of the year. Continue reading →

‘Hidden’ homeownership costs locking potential buyers in place

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Households have deferred moving, partially due to high “hidden” homeownership costs such as property taxes, insurance and climate change, according to a report. Continue reading →