News / Features
If you think the most interesting thing about this $980,000 Bahamian mansion is that it’s owned by Rita Marley, widow of the famed reggae singer Bob Marley, you might be right.
The third quarter was like a game of musical chairs for many who are abandoning large cities for more affordable areas of the country. See what’s happening in Boston.
Areas hit hard by the pandemic could see a wave of zombie properties once the federal ban on foreclosures expires.
“It’s not often that a home in Oyster Harbors hits the open market, let alone one of this caliber. Originally sited and built in the early 1950s, when regulations were not nearly as restrictive, the residence offers sweeping Westerly water views, as well as a swimming pool which is literally right on the beach,” selling agent Chuck Tuttle said.
The new S&P CoreLogic Case-Shiller Home Price Index reveals record-breaking August for home sales, up 21% over the 2006 pre-Great Recession high.
Got ghosts? No problem, says the company, which launched a new exorcism service for those needing to rid themselves of a paranormal houseguest.
This one-of-a-kind residence that’s the former home of painter and sculptor Robert E. Kuhn can be yours for $1.5 million.
“It’s almost as if the housing market and the overall economy are operating in different worlds.” — Todd Teta, chief product officer at ATTOM Data Solutions
“The slight decline in bidding wars (nationally) is largely a reflection of a seasonal cooldown, which typically starts in the late summer but was delayed by a few months this year,” said Redfin chief economist Daryl Fairweather.
“Sellers are responding to market demand listing their house, but inventory keeps dropping as buyer demand is at an all-time high,” — CCIAOR Ceo Ryan Castle
Transactions were down in September from the previous month, but not by much, and that’s good news.
Ready to take your quarantine game to the next level? How about buying your own island?
Homesellers continued to sell homes to each other in September, making the market resemble a game of ‘housing musical chairs,’ according to First American chief economist Mark Fleming.
“If sky-high prices continue to lure more sellers into the market, it could prompt the inventory rebound we’ve been waiting for — which would be welcome news for frustrated buyers.” — Javier Vivas, director of economic research for realtor.com
Economic recovery slumps as initial jobless claims unexpectedly jump.
“Increasing house price appreciation in suburban zip codes points to higher demand relative to supply in the suburbs but does not necessarily indicate what’s fueling the demand,” the study notes.
