Real Estate

Topline Pending home sales—a leading indicator for housing market activity—fell less than expected last month in a potential sign that sales may soon stop collapsing as mortgage rates settle below recent highs, according to new data released Wednesday, but even if sales stop plunging, experts still aren’t sure how soon the market will recover. Key
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Topline New home sales unexpectedly plunged much more than economists projected in July for the second month in a row, and amid the falling demand, rising home prices are starting to slow down—prompting experts to predict long-rising housing inflation could be due for a turnaround soon. Key Facts About 511,000 new single-family houses were sold
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A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4% to a seasonally adjusted annualized rate of 5.41 million units. Sales were 8.6% lower than in May 2021. As existing-home sales declined, the median price
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It’s not everyday that you hear about a “buy-two-get-one-free” deal in high-end real estate, but then again there’s nothing average about La Jolla’s Foxhill Estate. Encompassing approximately 30 acres of rolling seaside property, Foxhill Estate was once even larger, totaling 32 acres when it first hit the market back in early 2020. Since then the
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Former President Donald Trump speaks at a ‘Save America’ rally in support of Arizona GOP candidates on July 22, 2022 in Prescott Valley, Arizona. Mario Tama | Getty Images Former President Donald Trump‘s political action committee, Save America, paid nearly $1 million to civil and criminal defense attorneys in July alone as investigations into him and
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The summer of 2022 could unofficially be called “The Summer of Barbiecore.” After photos of Margot Robbie as the title character in the upcoming Barbie movie were revealed, the Barbiecore aesthetic began to permeate fashion and interior design. It’s easy to understand why. Coming out of a pandemic and such a dark period of time
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“We are a four-generation household,” said Jason Fitzgerald. Fitzgerald, 45, and his wife, Rachel Zack, 41, bought a house with Rachel’s parents Beverly and Arthur Zack, who are in their 70s, and Rachel’s 98-year-old grandmother Lillian, who goes by “Bubbie.” The home has six bedrooms, with five full and two half bathrooms.  They all live
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As the severity, intensity and frequency of climate disasters increase, preparation is becoming more crucial than ever to protect lives, as well as infrastructure, businesses and local economies. One high-tech forecasting company is now stepping up, offering hyper-detailed weather prediction and pre-storm strategy plans, right down to a city block.  Boston-based Tomorrow.io already boasts clients
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Rising costs and falling confidence in the U.S. economy are fast becoming a toxic cocktail for the housing market. As a result, a growing number of buyers are backing out of deals they’ve made with homebuilders and sellers of existing homes. Homebuilder cancellation rates have more than doubled since April, according to surveys by John
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