Equity-Rich Portion of Mortgaged Homes Hits Two-Year Low While Seriously Underwater Level Climbs; Total Owner Equity Also Ticks Downward Again as Home Prices Dip IRVINE, Calif. — May 9, 2024 — ATTOM, a leading curator of land, property, and real estate data, today Read More
LAS VEGAS (KTNV) — Becoming a homeowner in Southern Nevada remains a daunting challenge. A new report by Las Vegas Realtors shows the Las Vegas housing market prices continuing to increase with the average price for a single family home now at Read More
The dark cloud hanging over the US real estate market may be casting an even longer shadow on REITs, or real estate investment trusts. The Federal Reserve’s sentiment on keeping interest rates higher for longer has prolonged elevated mortgage rates, which have Read More
Grows Revenue 10% year-over-yearIncreases Agent Count and Market Share year-over-yearFree Cash Flow Positive for Q1 2024 NEW YORK, May 8, 2024 /PRNewswire/ — Compass, Inc. (NYSE: COMP) (“Compass” or “the Company”), the largest residential real estate brokerage in the United States by Read More
Barry Sternlicht, cofounder, chairman, and CEO of the $115 billion real estate giant Starwood Capital Group, is worried about the more than 4,000 regional and community banks in the U.S. With the real estate industry struggling against higher interest rates, vacancies, and Read More
American homebuyers just aren’t feeling the love from the US housing market. Home prices have spiked in popular metro areas across the country and renters feel hopeless about the transition to ever owning a home, what kind of options are left in Read More
CoreLogic recently released their monthly report on the Southern California Housing Market for March 2024, shedding light on the state of residential real estate in the region. According to Dr. Selma Hepp, CoreLogic’s chief economist, the market continues to face challenges, including Read More
WEST HOLLYWOOD, Calif. (KABC) — If you thought California housing prices couldn’t get any higher, a recently sold condo’s price tag might surprise you. According to californialistings.com, a West Hollywood penthouse condo just sold for a record-breaking $24 million, making it the Read More
Rent prices have surged in recent years, and wages have not kept pace, according to an update from real estate tech firm Zillow (Nasdaq: Z and ZG). While last year was a bright spot — wages grew faster than rents nationally and Read More
There’s more than one way to own a house these days. Sites including real estate startup Pacaso are opening up a new market for people looking to own just a fraction of a house — for a fraction of its total price. Read More