News / Features
Existing home sales slowed slightly in July to the slowest pace in more than two years and represented the fifth straight month of declines, according to the latest report from the National Association of Realtors. But demand stayed steady
More home sellers are resorting to price cuts as interest from buyers wanes nationwide. A recent report from Zillow found that starting in June, 14 percent of current home listings reduced their asking prices. While that rate has remained
Trulia is launching a new tool to help buyers, renters and agents learn about an area with their new feature – Trulia Neighborhoods. The new tool, which is available both online and as a mobile app, is a crowdsourced
In June, Realtor.com named Boston the third-hottest housing market in the nation, based primarily on the average age of its listings. For July, however, the Boston metro area fell to 13th place in the rankings as the average listing
Homeowners appear to be spending more on maintenance and remodeling projects, reflecting an increasing preference in getting more life out of a home rather than trading up for a new one. According to a report from BuildFax, which aggregates
The U.S. Department of Housing and Urban Development (HUD) filed a discrimination complaint against Facebook Aug. 17. HUD claims that the company violated the Fair Housing Act by allowing landlords and home sellers to target or exclude users from
Compass announced today that it will be expanding its nationwide brokerage to Atlanta. The company’s first area brokerage will be led by Jim Getzinger and Jere Metcalf, previously of Atlanta Fine Homes Sotheby’s International Realty, along with Jason Wieloch, previously
Two reports on the state of housing finance this week show that mortgage borrowers are still faring well financially despite some recent economic headwinds. The national foreclosure rate reached its lowest point since 2006, according to a report on May
The Department of Housing and Urban Development recently announced that it is looking for public comments regarding plans on “streamlining” the Affirmatively Furthering Fair Housing Rule, an Obama-era rule on desegregation. The rule was designed to help cities and
More Americans are becoming homeowners, particularly young adults. But the homes they are living in are generally older. Data from the U.S. Census Bureau’s most recent American Community Survey showed that in 2016, the median age of all owner-occupied
Updated guidance from the IRS related to federal tax cuts passed at the end of 2017 confirmed that many real estate professionals should be able to claim a substantial income deduction once they file their 2018 tax returns, in
The nation experienced a certain shift in age distributions over the last decade. With baby boomers moving on to retirement, millennials and Gen Xers began to make up the bulk of the working population. To determine where the different
Redfin’s direct home-buying program, Redfin Now, is no longer in testing phase. Redfin recently announced that it has doubled down, making direct home-buying its long-term business plan. Redfin Now buys and lists homes, making an offer to the homeowner
Millennials want to buy a home, but they continue to view homeownership as unattainable amid rapidly increasing prices and increasingly limited inventory across the market, according to the CoreLogic Home Price Index (HPI) and HPI Forecast for June 2018.
For those under the age of 24, a career in construction is a rare goal. According The Wall Street Journal, many parents these days may feel they have failed their child if they do not receive a college education.
As the homebuying season reaches its peak for the year, sales in the luxury market continued to grow at a record pace in July. Prices in 19 major luxury markets saw double digit growth, according to the realtor.com 2018
