Industry News

In this article The U.S. has been experiencing a surge in equity-rich housing, according to the latest report by the real estate data provider ATTOM. The figures for Q2 are impressive. Currently, the number of equity-rich mortgages in the U.S. is sixteen times greater than underwater mortgages. The U.S. Home Equity & Underwater Report shows that

ToplineBuying a home is the least affordable it’s been in over three decades, according to a metric released Friday, as home prices explode and Americans face record high prices elsewhere. Key Facts The National Association of Realtors’ housing affordability index, calculated using median single-family home prices, mortgage rates and median family incomes, hit 98.5 in

“The Greatest Showman” star Hugh Jackman has reportedly made a splashy real estate deal. The actor recently snapped up a New York City penthouse for $21.12 million, the Wall Street Journal reported.Located in a famed Jean Nouvel-designed building, the 4,675-square-foot luxury condo was initially listed in October 2021 for $25 million. It was relisted in

The real estate market seems to have a split personality.On the positive side for homebuyers, the number of properties for sale shot up by a record-setting 30.7% this July compared with the same month last year, according to a recent Realtor.com® report. That's the most significant increase in active listings in the data's history. And

Some Highlights Many people remember the housing crash in 2008, but experts say today’s market is fundamentally different in many ways. First, there isn’t an oversupply of homes for sale today. Plus, lending standards are much tighter, and homeowners have record levels of equity. That means signs say there won’t be a wave of foreclosures

Navigating the U.S. housing market in summer 2022 is seeming a bit like a high-stakes game of Perception vs. Reality.Perception: After two years of wildfire growth, the real estate business—buffeted by inflation and higher mortgage rates— is coming to a screeching halt. Reality: There are still way more people looking for homes than there are

In this article What do work-from-home employees and the housing market have to do with each other? Surprisingly, a lot. At the start of 2020, as the first lockdowns were rolling in, many companies made the wise decision to allow their workers to temporarily work-from-home. As temporary became seemingly eternal, more employers started developing permanent

In this article The path to financial freedom is different for everyone. Some invest in stocks, others flip houses, but one couple breeds rats, trains horses, and buys rentals in cash. Before you get squeamish, this isn’t a show about flipping rats for profit. But, it is a show about horse training, unique investments, and

For anyone who's dreamed of bringing their own Lego fortress to life, this structure is for you. An unfinished lakefront castle in Sagle, ID, is now available for $7 million.The owner "has a unique passion for the medieval times and culture,” says listing agent Danny Davis with Coldwell Banker. “This has been a passion project

The Art Hotel in Palm Springs, CA, has been looking to book a buyer for a long stay. Owner and designer Tracy Turco reimagined the 1960 lodge as an art-themed, midcentury masterpiece.Featuring eight rooms available for nightly rentals, the hotel was recently available for $2.5 million. Turco and her husband, a real estate developer, purchased the