New residential sales drop nearly 14% in May, their sharpest in 3 years

Homebuyers continued to respond to market headwinds like high mortgage rates and economic uncertainty and failed to be drawn in by builder sales incentives. Continue reading

New home sales hit 4-month low

New home sales took an 8.6 percent hit in March as rising home prices and mortgage rates made homebuyers think twice before purchasing a new home, according to data released Tuesday from the U.S. Census Bureau Continue reading

New home sales see modest gains for second consecutive month

Sales of newly built single-family homes hit a seasonally adjusted annual rate of 740,000 in August 2021, up 1.5 percent from the revised July rate, according to the U.S. Census Bureau. Continue reading

WATCH: Bravo star Tracy Tutor curses host, cuts interview short

In this recent video interview, the “Million Dollar Listing LA” star gives us a lesson in how not to act as an agent. When asked about her average sales price, her response was unlike anything I’ve experienced in all my years as a podcast host.
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