Tag Archives: Markets & Economy

New home sales soar by double digits

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After increasing by a modest 0.4 percent in October, new home sales saw a 12.4 percent increase in November, according to the U.S. Census Bureau and Department of Housing and Urban Development. Continue reading →

US home sales prices hit another all-time high, leaving buyers in the dust

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A new report released Wednesday by Redfin painted a bleak picture for homebuyers already fatigued by a tough market. Continue reading →

Home values jumped 31.4% in 2021, adding $9.1T in value

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A new report also shows that rural homes, condos and the Sun Belt all fared particularly well during the last year. Continue reading →

Fueled by climbing mortgage rates, existing-home sales rise again

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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 →

With money from chores (and help from dad), 6-year-old buys house

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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 →

Small, outdoor-friendly rental markets thrived in 2021: RentCafe

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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 →

Better, brawls and Zillow’s misfire: Brad Inman says it’s just the start

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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 →

For years, homeowners were staying put. Is that trend about to change?

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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 →

Airbnb has helped house more than 10K Afghan refugees since August

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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 →