The median existing-home sales price, meanwhile, soared 13.9 percent year over year in November as inventory plunged 13.3 percent, according to data released Wednesday by the National Association of Realtors. Continue reading
As a lesson in property investment, a father taught his 6-year-old daughter and her 2 siblings how to build a property portfolio — and they ended up with a brand new home. Continue reading
As would-be homebuyers opted out of the for-sale market due to harsh market conditions in 2021, renters turned to alternative markets with space and access to nature, a recent year-end study from RentCafe found. Continue reading
Fewer homes were available in November than in any period on record, driving prices 15 percent higher than last year, Redfin reports. Continue reading
Anger is one reaction to shattered expectations, but you can’t pick a fight with an unforgiving market. These days, everyone’s fighting their own fears, Inman Publisher Brad Inman writes. Continue reading
Americans used to spend less time in their homes before selling. Then came the housing crash of 2008. But according to a pair of new surveys, the pandemic may be reversing that change. Continue reading
The program to house Afghan refugees for free or at a reduced cost was announced back in August and has met more than half its goal of housing 20,000 refugees. Continue reading
With mortgages likely getting more expensive for borrowers down the road, the rates for 30-year loans have been holding steady for weeks. Continue reading
The home’s previous owner purchased the property from the same agents two years earlier for $1.4 million, only to turn it around earlier this year for a whopping $3.5 million — reportedly in just three days. Continue reading
Builders kicked off construction on 129,400 new housing units in November — a half-percent increase on a month when starts typically decline, according to the U.S. Census Bureau. Continue reading