Real Estate

It would seem that the sky’s the limit for the “Big Sky Country” after Montana ranked in the top 10 population gains in the nation. With 17,000 new residents, Montana grew 1.5% over the past year, thanks to an influx of new residents from decreased-population states like California and Illinois. This newfound popularity has put

Topline As fears of inflation push mortgage rates back toward multi-decade highs, economists are warning the resurgence in borrowing costs will deal another blow to the precarious housing market, driving home sales to new lows and proving the recent recovery many hoped would mark a turning point may instead be a short-lived “mirage.” Key Facts

Economists and housing experts polled in a recent survey expect home prices to fall 1.6% through December 2023. Affordability challenges are still dragging down demand for homes – lower mortgage costs in January translated into sales that tracked pre-pandemic trends, but higher rates in February have since dampened buyers’ enthusiasm. Starting next year, however, the

Topline Data released by the S&P Corelogic Case-Shiller index, a leading measure of U.S. home prices, shows home prices continued to drop across the U.S. through December, with major cities like Seattle and San Francisco among those showing the biggest declines. Key Facts On Tuesday, S&P Dow Jones Indices reported home prices have ticked down

A majority of Americans who sold a home for the first time in the past two years wish they had done something differently, according to a recent survey. Even in a sellers’ market, many recent first-time sellers have regrets about the pricing, timing or marketing of their home, a new Zillow survey conducted online by

The massive Texas ranch of the late oil billionaire T. Boone Pickens has sold at a $60 million price cut after languishing on the market for five years. Located in the northeast corner of the Texas Panhandle, Mesa Vista stretches for over 100 square miles and almost 37,000 acres along 25 miles of the Canadian

The supply of homes for sale rose at a record annual pace for the sixth month in a row, up 68% year over year in February. It signals the housing market’s continued rebalancing, according to a recent housing trend survey. Despite the significant increase in inventory over last year’s record lows, home prices are still

The number of residential mortgages originated in the fourth quarter tumbled to a nine-year low as inflation drove home-loan rates above 7%, according to a report on Thursday from ATTOM. Americans signed 1.5 million mortgages in the closing three months of 2022, including purchase loans and refinancings, down 55% from a year earlier, as interest

Santa Barbara’s nickname as “the American Riviera” may sound like an overreach. But spend time driving into hillside neighborhoods where winding roads lead to balconies and patios on Spanish-style homes high above the ocean and you’ll quickly see the resemblance to the Mediterranean Sea. The Riviera neighborhood is one of Santa Barbara’s older and most

Throughout the country, real estate agents are taking courses in implicit bias and the origins and effects of racism. In New York State, employers AND the state both mandate these courses, so many agents and managerial staff are taking them twice. In a country which remains rife with prejudice, do these courses actually impact people’s

Mixed-use real estate projects are not a revolutionary concept. But the increasing commingling of traditional building uses, a shift in live-work-play preferences and overall attractive investment fundamentals have led to a post-pandemic boom of mixed-use mega projects. As the developments become larger in scale, more complex in their amenity offerings and more experience-grounded, the property

The age of the branded residence is upon us as the once-niche sector has grown into a global phenomenon. In major cities across the globe, residential offerings from luxury hotel chains like the Ritz-Carlton, Six Senses and Viceroy as well as high-end brands not often associated with housing like Lamborghini, Armani and Bulgari are arriving

Home ownership has seen a mostly upward trend over the past five years, rising again in 2022 to 65.9%, which is the highest it has been since 2011. Several new studies have been released mapping out the gains and losses in homeownership and related wealth with regards to the U.S. Black population. Zillow, for example,

The U.S. Department of Housing and Urban Development (HUD) today announced $5.6 billion in funding will go to 1,200 communities through more than 2,400 grants to states, urban counties, insular areas, Washington, DC; Puerto Rico and local organizations across the country. These annual formula grants provide critical funding for a wide range of activities including

It is becoming increasingly popular to have a freestanding bathtub and shower in a glass enclosed area or in just an open space. These can be apart from the sink and toilet in the bathroom in a separate enclosure or they can be freestanding with no enclosure. Bath/shower combinations have been very popular in Japan

Homes owned by Black families appreciated more than any others since the start of the pandemic, with the typical Black homeowner gaining nearly $84,000 in equity. Black Americans also made slight gains in homeownership rates, despite disproportionate job and income loss. The gap between the typical Black-owned home’s value and the value of the typical

The financial pain of shelling out sky-high rent is a reality for many, with median prices in some U.S. metro areas at nearly $3,000 a month. Yet, in certain metros among the country’s 50 largest markets, renters can still find relative affordability, according to a Realtor.com Monthly Rental Report. Oklahoma City is the only metro

Pending home sales rose 0.5% from a month earlier in January on a seasonally-adjusted basis, according to a new report from Redfin, a technology-powered real estate brokerage. That compares with December’s revised month-over-month increase of 1.4%, which was the first gain in 14 months. Pending sales fell from a year earlier, but the decline eased

Five years after being listed for sale the 100-square mile estate belonging to the late T. Boone Pickens has sold for about $60 million less than its original asking price of $250 million. Pickens, whose estate Forbes’ estimates to be valued at $1.3 billion, died in 2019 at the age of 91. His property was

A home along a canal comes with certain advantages, particularly when that waterfront is in an upscale community such as Vero Beach, Florida. From a privacy standpoint there are no neighbors sharing a backyard border. Instead, a tranquil waterway acts as a natural buffer. Living spaces open to a swimming pool and the canal front,