Market · Miami
Palm Beach House Sales Nearly Tripled. The Median Price Just Passed $10 Million.
Palm Beach single-family sales nearly tripled as the median passed $10 million. Why buyers and agents need to separate the island’s house…
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Market · National
Owning a Home Now Costs $16,566 a Year Before the Mortgage. Insurance Is Rising the Fastest.
Maintenance, taxes and insurance now cost the typical homeowner $16,566 a year, a Zillow and Thumbtack analysis finds. Insurance is rising the…
Market · National
Sotheby’s International Realty Gets a New CEO for the First Time Since 2013. He Is a Dealmaker.
Mark McLaughlin will lead Sotheby’s International Realty from November 1 as Philip White becomes executive chairman. What the leadership change signals.
Market · Texas
Raphael Toledano Sells 324 Houston Apartments for $31.5 Million, About $97,000 a Unit
Raphael Toledano’s Sorrento Property Group sold 324 Houston apartments for $31.5 million. What the price per unit means for older rental property…
Market · National
Mortgage Rates Fell to 7.32%. They’re Still More Than a Point Above Last Year
The average 30-year mortgage rate slipped to 7.32%, but remains above last year. How the change compares with price cuts, concessions and…
Market · Los Angeles
LA’s Biggest Industrial Landlord Is Cutting Rents on New Leases by 7%
Rexford’s new-lease cash rents fell 7% as the Southern California industrial landlord sold properties and cut development starts. What it means for…
Market · National
Before You Tell Buyers They Need More Cash, Check These 2,833 Homeownership Programs
Down Payment Resource counts 2,833 homeownership programs. Why buyers and agents should check local eligibility, funding and repayment terms before closing.
Market · Salt Lake City
Salt Lake City Wanted 13,100 Lots Open to Backyard Homes. An Owner-Occupancy Rule Could Shrink That to a Few Dozen.
A proposed owner-occupancy rule could sharply reduce participation in Salt Lake City’s backyard housing plan. Public hearings are expected in November.
Market · National
Before You Buy the House, Follow These 10 Steps to Protect Your Money
Protect your money when buying a home with ten steps covering budgets, mortgage quotes, agent agreements, inspections, insurance and closing safeguards.
Market · National
Compass Wants RE/MAX’s New President Off the Job. The Noncompete Fight Just Moved to Delaware.
Compass and ERA seek to block Alex Vidal from leading RE/MAX in a Delaware noncompete case. What the unresolved dispute means for…