LOS ANGELES — The number of international buyers of U.S. properties has grown in recent years — up to a record 284,455 residences sold for $153 billion in total between March 2016 and 2017, according to a recent report from NAR. And the largest chunk of that spending came from Chinese buyers, who paid a whopping […]
After a summer full of setbacks, existing-home sales made forward progress in September, indicating that the temporary effects of Hurricanes Harvey and Irma are starting to pass. However, the long-term lack of housing supply means that the increase in sales activity remains modest and fragile for the time being. The National Association of Realtors’ (NAR) existing-home […]
Zillow has tapped its rich database of properties to underscore the economic catastrophe in store if U.S. policymakers fail to address rising sea levels. As an effect of climate change, rising sea levels are already impacting coastal communities. The new Zillow report provides a window into a future in which unchecked global warming combines with […]
Dave Jones, California Insurance Commissioner California Insurance Commissioner Dave Jones released preliminary data reflecting $1.045 billion in property losses as a result of the Northern California wildfires. The data was gathered by eight California insurers processing claims filed by tens of thousands of policyholders reporting the loss of commercial and residential structures, personal and commercial […]
As shamed Hollywood producer Harvey Weinstein faces a barrage of sexual assault and rape allegations — from more than 40 women — his 9,000 square foot Hamptons mansion has been yanked from the market. The 50 Broadview Road home is located in Amagansett, New York. It was originally listed for $13.5 million in 2016, but […]
Realtor.com has announced its 2017 hottest ZIP codes, and 10 Texas, Colorado, Michigan and California towns dominated the list. Realtor.com analyzed 32,000 ZIP codes based on the time it takes properties to sell and how frequently homes are viewed in each ZIP code. Homes in each of the markets in this year’s top 10 list […]
You just bought a million-dollar, six-bedroom dream house where your family including three small children will live for years to come. Days after the purchase, you start receiving disturbing letters. My grandfather watched the house in the 1920s and my father watched in the 1960s. It is now my time. Do you need to fill […]
Watch founder, president and designated broker of Tru Realty Sarah Richardson talk about how to “obtain high margins and manage like a tightwad” on the Inman Connect stage. … Source: click here
Houzz released its Q3 Renovation Barometer, a report that tracks confidence in the home renovation market among a range of industry professionals, such as interior designers, architects and professional landscapers. The report, which records differences in year-over-year and quarter-over-quarter market improvements, showed respectable second-quarter readings, ranging from 62 to 72 out of 100 — a 1-8 […]
Long-term rates are hanging on by fingertips to a key level, the stock market has the sillies (again), and all incoming economic reports are hot. It’s going to take a negative event (geopolitical or economic) to hold rates down where they have been for most of this year. The current Fed leadership is intent on […]
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