Latest jobs numbers could be nail in the coffin for interest rate hikes

Mixed payroll and unemployment report sends long-term interest rates surging, but some analysts say the latest numbers reduce the odds of a September Fed rate hike. Continue reading

Hiring is on the rise, but also worse than once thought. What gives?

Real estate didn’t shed an unusual number of workers in August. But there are fewer jobs than it once seemed. Inman explains the paradox. Continue reading

‘$100K jail cell’: Social media drags price point of Texas tiny homes

Is this mini-floorplan a sign of “shrinkflation” in housing? This month, the internet weighed in on Lennar’s idea of affordability at a tiny-home community in San Antonio. Continue reading

LA City Council approves $150M in ‘mansion tax’ allocations

Funds will go to short-term emergency rental assistance, eviction defense, tenant outreach and education, direct cash assistance for low-income seniors and individuals with disabilities, tenant protections and affordable housing development, according … Continue reading

Homebuyer mortgage demand picks up for 1st time in 6 weeks

After dipping to the lowest level since April 1995, applications for purchase mortgages edge up 2 percent week over week but are still down 27 percent from a year ago as mortgage rates retreat from 2023 highs. Continue reading

Pending sales rise at fastest clip since January as buyers shift gears

Building on upward momentum from June, pending home sales rose 0.9 percent in July even as analysts expressed doubt the rally would last, according to new National Association of Realtors data. Continue reading

Mystery solved: The Silicon Valley entity behind Flannery Associates

Over the past six years, a mysterious entity known only as Flannery Associates quietly scooped up nearly $900 million in farmland outside the Bay Area. Now investors behind the plan have been revealed. Continue reading

Multiple offers? Here’s how to write a competitive contract and win

From financing to contingencies, Eric Bramlett walks you through creating a compelling contract to come out on top in multiple offer scenarios. Continue reading

US home prices near 2022 high as prices rise for fifth-straight month

U.S. home prices rose to within 0.02 percent of an all-time high tallied in June 2022 as cities nationwide posted a fifth month of increases, according to data released Tuesday by CoreLogic and the FHFA. Continue reading