Tag Archives: homebuying

Record down payments reveal a divided housing market

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According to a new report from Realtor.com, the national average down payment hit 14.4 percent and $30,250 in the fourth quarter. Continue reading →

Build-to-rent homes hit record high in 2024 with no signs of slowing

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In 2024, a record 39,000 single-family rental homes were completed, marking a 15.5 percent jump from the previous year, according to a Point2Homes analysis of Yardi Matrix data released Wednesday. Continue reading →

Condos are selling below list price as fees discourage buyers

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According to a new Redfin report, an overwhelming 68.4 percent of condos sold below their asking price — the highest share in five years. That’s a jump from 63.3 percent last year, signaling a cooling condo market. Continue reading →

Boomers claim top homebuyers spot, leaving millennials behind

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In a surprising shift, baby boomers have now surpassed millennials as the largest group of homebuyers, according to a new report released by the National Association of Realtors (NAR). Continue reading →

Bay Area, NYC buyers drive bidding wars as market shifts loom

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A recent Redfin report found that 20.5 percent of homes sold above asking price in February, while 64.2 percent sold below and 15.4 percent sold at their asking price nationwide. Continue reading →

Zeckendorfs accused of ‘brazen fraud’ in $80M penthouse sale

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According to the complaint, developers and brothers Arthur and William Lie Zeckendorf of Zeckendorf Development, LLC allegedly rushed to close the deal before news broke about a planned 37-story skyscraper next door that would erase the penthouse’s pre… Continue reading →

Compass Florida opens new office in Naples, welcomes Karen Stabile

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Compass Florida is expanding its reach even further into Southwest Florida’s luxury real estate market with the opening of a brand new office in the heart of downtown Naples, the brokerage announced Wednesday. The Stabile Group, led by real estate expe… Continue reading →

Most Gen Z sellers have regrets over pandemic home purchases

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Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading →

Most Gen Z sellers have regrets over pandemic home purchases

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Five years after the arrival of COVID in the US, 94 percent of Gen Z and 86 percent of millennial first-time homesellers say they regret their pandemic-era purchase, according to an analysis by Opendoor. Continue reading →

Pending home sales tick up as buyers make cautious comeback

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The Pending Home Sales Index (PHSI) rose by 2.0 percent to 72.0 in February, according to new data released Thursday by NAR. But contract signings fell 3.6 percent compared to last year. Continue reading →