Tag Archives: west palm beach

More and more homes are languishing on the market

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In August, nearly half of all U.S. homes had been on the market for 60 days or more, according to Redfin. Days on market has ticked up as high rates have slowed sales. Continue reading →

The key to fixing the world’s home affordability mess is in front of us

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The one-two punch of government action and private sector innovation is the right formula for fixing the affordable housing mess, which has grown into a global epidemic, writes Brad Inman. Continue reading →

Sean Hannity parts ways with Long Island home for $12.7M cash

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The conservative talk show host put the property on the market in May, and it went under contract within one week after receiving four offers. A fan reportedly purchased the home, as well as its furniture and books from the library. Continue reading →

There are 1.25 million fewer million-dollar homes in America in 2023

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The share of $1 million homes in the U.S. dropped from a high of 8.6 percent in June 2022 to approximately 7 percent in January, due in part to higher mortgage rates that have cut into homebuyer purchasing power. Continue reading →

Annual apartment rent growth, occupancy hit new highs in July

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The new highs surpassed records set between 2000 and 2001. As of July, the average monthly apartment rent in the U.S. hit $1,549. Continue reading →

Percentage of all-cash home purchases in US soars to 30%

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That figure represents the largest share of homes purchased in all-cash since 2014, according to a Redfin report. Continue reading →