Live News

  • CoreLogic: California home sales see worst August in 4 years Oct. 14th 2019
    Last month, the California Association of Realtors predicted a slow down for the state’s housing market in 2020. According to a recent report by CoreLogic, cooling home sales are already here. In fact, August marked the fewest home sales for that month in four years.

  • The nation’s hottest home-flipping market might surprise you Oct. 14th 2019
    Nationally, real estate investors purchased 7.7% of all homes in the second quarter, the highest share since 2013, said. "The return remains attractive," says George Ratiu, senior economist. The typical difference between purchase and sales price for flips was $62,700, which didn’t include the cost of fixing up the property.

  • NAR: Nantucket and Martha’s Vineyard have largest share of vacation properties Oct. 11th 2019
    Prices for vacation homes are rising faster than the rest of the market, the National Association of Realtors said in a report on Thursday. The median sales price rose 36% from 2013 to 2018. The report also listed the top 26 vacation home areas. Massachusetts snagged the top two spots.

  • These are the nation’s top emerging technology hubs Oct. 10th 2019
    The West Coast is home to some of America’s most prominent tech hubs like San Francisco and Silicon Valley, which both serve as headquarters for industry leaders like Amazon, Google and Apple. While tech hubs tend to boast a plethora of available jobs for software engineers, Real estate brokerage company Redfin claims that sky-high housing costs make these metros relatively unaffordable for the average tech employee. Find out which tech hubs the company considers the most affordable markets for the nation’s tech employees.

  • Zeus Living launches in New York Oct. 09th 2019
    As homebuyers are seemingly being priced out of coastal cities, one company is launching in those areas with a solution geared toward professionals. Zeus Living launched in New York this week and offers furnished homes available for extended stays of 30 days or longer.

  • Redfin: Bidding wars rebound from August’s 8-year low Oct. 09th 2019
    As the nation’s low interest rates continue to drive purchasing demand, a report from Redfin indicates America’s bidding competition strengthened in September. According to the company, 11% of purchasing offers made on its site faced a bidding war during the month. Although this a strong decline from last year’s rate of 41%, it’s still a slight increase from August’s eight-year low of 10%.

  • NAHB: Single-family home starts rose 4% in 2018 Oct. 08th 2019
    Analysis from the National Association of Home Builders shows that were 881,076 new single-family houses units started in 2018, a 4% increase over 2017. The report shows that last year saw twice as many units started as they were in 2011, but last year was still 49% less than the peak of 2007, when there were 1,731,171 units started.

  • Quicken Loans: Home values had the biggest monthly jump in 5 years Oct. 08th 2019
    It looks like homeowners are beginning to see the true value of their homes. As home values made a jump this month, the average home appraisal in September was 0.49% lower than what homeowners expected it to be that month.

  • Is the housing market heading toward an inventory downturn? Oct. 08th 2019
    The U.S. inventory of homes for sale continued to decline in September, signaling the market may be heading toward an overall shortage, according to a report.

  • FTC claims house flipping seminars featuring HGTV stars are total scams Oct. 04th 2019
    Did you ever think those celebrity-endorsed “get rich quick by using other people’s money to flip houses” real estate seminars seemed too good to be true? Well, it turns out you may have been right.