Homebuilders and real estate firms posted strong hiring trends even as a federal jobs report came up far short of expectations for November. Hiring remained strong in November throughout the real estate industry even as jobs numbers disappointed nationwide, with homebuilders leading the charge. Residential construction companies employed a seasonally adjusted 888,900 workers in November
Oren and Tal Alexander, two of Douglas Elliman’s top luxury agents, are extending their reach into the metaverse of virtual real estate. Two of New York’s most accomplished luxury brokers are taking their talents to a new frontier — the virtual world of blockchain real estate. Tal Alexander and Oren Alexander of Douglas Elliman are
After rising in October and seesawing in early November, mortgage rates have since held steady above 3 percent for the last few weeks. The average rate for a 30-year mortgage has barely moved over the past three weeks, rising a single basis point to 3.11 percent, according to Freddie Mac’s latest lender survey. “Mortgage rates
It comes in purples, oranges and beiges, and it blankets nearly every square foot of flooring in this Ohio property. Colorful carpet stretches from wall to wall throughout a home listed for sale in a suburb of Columbus, and the internet is having a field day with its abnormal take on home decor. “Those carpet
Former Oklahoma Sooners head football coach Lincoln Riley’s two mansions are for sale, pouring cold water on a widely shared but unconfirmed rumor that his new employer — the University of Southern California — would buy the homes directly as part of an effort to lure Riley to their college football program. The Los Angeles-based
Prices rose 4.2 percent in the third quarter of 2021 and were up 18.5 percent over the same time last year, according to the latest House Price Index by the Federal Housing Finance Agency. U.S. home prices rose 4.2 percent during the third quarter of 2021, a continuation of the flurry of housing demand seen
The number of contract signings grew 7.5 percent from September to October, the National Association of Realtors reports. Pending home sales rallied in October after a significant slump the month before, as the housing market kept churning along on one of its strongest years in recent memory. The number of contract signings in October rose
An agent embroiled in the aftermath of the Turpin child-abuse case is facing public calls for the state of California to suspend or revoke her real estate license. Vanessa Espinoza was a former deputy public guardian with a full-time assignment to help the seven oldest Turpin children navigate life after escaping their parents’ abusive home.
Buying a $2.4 million plot of land to build a fashion outpost might not seem like a strange idea at first glance — depending on the location. But one buyer recently forked over the sum for a piece of real estate that exists entirely online, in a virtual, blockchain-fueled world called Decentraland. The buyer, crypto
The company announced its latest management tool, which it bills as a direct competitor to the widely used ShowingTime product. In a bid to challenge ShowingTime’s near-ubiquitous place in the market, Homesnap has rolled out a new showing-management service for its Homesnap Pro agents. The portal company, which is owned by CoStar, on Thursday announced
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