The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading
The state’s population exodus was second only to New York, which lost 15,000 more people. The sky-high cost of housing was the residents’ primary reason for departure. Continue reading
Sales of homes valued at $10 million or more in newly emerged or reemerging markets helped propel transactions in that sector beyond pre-pandemic levels in 2022 while falling short of 2021 levels. Continue reading
Cole will help Corcoran Reverie grow its luxury real estate footprint in Destin, Florida, and ranks among the top one-half of 1 percent of real estate agents by sales volume, according to a report. Continue reading
Washington County, a one-time remote region of southern Utah’s high desert, experienced the most number of mortgage rate locks for second homes, experiencing a year-over-year jump of 10.3 percent. Continue reading
The name change to unify the six shops across the northeast Florida region comes on the heels of franchisee Corey Hasting opening two new locations in Ponte Vedra Beach and San Marco. Continue reading
Long River Ranch spans 1,025 acres in Arcadia. Edward Lowe and his wife, Darlene Lowe, kept part-time residence there while maintaining a residence in their home state of Michigan. Continue reading
Buyers need to earn at least $107,281 to afford the $2,682 monthly mortgage payment on the typical American home, according to a new report. Continue reading
As midterm elections approach, Zillow crunched housing data and found that enough Americans relocated to key counties in red and purple states in 2021 to potentially shift political leanings. Continue reading
In the aftermath of a natural disaster, it can be difficult to know what to do to recover. Should you or your client sell a storm-damaged home? Naples agent Sue “Pinky” Benson offers helpful advice for the days ahead. Continue reading