Tag Archives: Markets & Economy

Bel Air mansion price cut $100M — still most expensive in the US

By Veronika Bondarenko | October 29, 2018 - 6:41 pm |October 29, 2018 Uncategorized

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Even after being cut in price by more than $100 million, an extravagant Bel Air mansion is still the most expensive listing in the country. Continue reading →

How much did Compass pay for Pacific Union International?

By Jotham ​Sederstrom | October 29, 2018 - 5:17 pm |October 29, 2018 Uncategorized

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There’s been a lot speculation about how much Compass paid for Pacific Union International, but, following an earnings call last week, we have some answers. Continue reading →

All the single ladies: Women outpaced men as homebuyers

By Veronika Bondarenko | October 29, 2018 - 2:13 pm |October 29, 2018 Uncategorized

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Single women outnumber men as first-time homebuyers by a significant margin, according to a new survey released by the National Association of Realtors. Continue reading →

Expedia acquires 2 home-sharing startups as Airbnb rivalry heats up

By Veronika Bondarenko | October 26, 2018 - 7:01 pm |October 26, 2018 Uncategorized

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Expedia has acquired two apartment-sharing startups in a move that positions the global travel technology company as a competitor to Airbnb. Continue reading →

Next stop: The opportunity market

By Patrick Kearns | October 26, 2018 - 4:52 pm |October 26, 2018 Uncategorized

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Conventional wisdom suggests the market will continue to favor sellers, at least for another year, but Douglas Elliman President Scott Durkin has another name for it: Opportunity. Continue reading →

Pending home sales rise modestly in September: NAR Index

By Patrick Kearns | October 25, 2018 - 2:19 pm |October 25, 2018 Uncategorized

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The Pending home sales index rose 0.5 percent from August to September, but remained down year-over-year for the ninth-straight month, according to NAR. Continue reading →

Home prices could begin to flatten nationally in 2019: Economists

By Patrick Kearns | October 24, 2018 - 7:03 pm |October 24, 2018 Uncategorized

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Following years of steady appreciation, home prices could begin to flatten nationally in 2019, economists told Inman. Regionally, it’s a different story. Continue reading →

Home prices rose 0.3% in August

By Marian McPherson | October 24, 2018 - 6:35 pm |October 24, 2018 Uncategorized

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Seasonally-adjusted home prices rose 0.3 percent month-over-month and 6.1 percent year-over-year in August, according to the Federal Housing Finance Agency. Continue reading →

New residential home sales plummet to 2-year low in September

By Veronika Bondarenko | October 24, 2018 - 6:12 pm |October 24, 2018 Uncategorized

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New residential home sales dropped 5.5 percent in September to the lowest growth in almost two years, according to the Census Bureau and the HUD. Continue reading →

You need to save for 7 years to make a down payment on a home: Zillow

By Veronika Bondarenko | October 23, 2018 - 7:00 pm |October 23, 2018 Uncategorized

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If you earn a median income and put away 10 percent of your salary, it’ll take you seven years to save for a down payment, according to Zillow’s analysis. Continue reading →