June 2024
The dream of homeownership is fading — here’s how to navigate the market
High home prices and stubborn mortgage rates make the current housing market seemingly difficult to navigate—particularly for underserved populations. Several grim numbers tell the story: The gap between Black and white homeownership is worse today than in 1968, when the Fair Housing Act was passed. Lower-income families are 22% more likely to be denied aRead …
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Donald Sutherland: Inside the Hollywood Legend’s Real Estate
Donald Sutherland, the legendary Canadian actor whose career spanned decades, has died. He was 88. The star will be remembered for gracing the screen in projects as diverse as “The Hunger Games,” “The Italian Job,” and “Pride and Prejudice.” His earlier performances included “MASH,” “Ordinary People,” and “Klute.” Actor Kiefer Sutherland paid homage to hisRead …
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This ‘Love It or List It’ House in North Carolina Snags a Buyer and a Big Potential Profit
Home prices keep climbing . And while this is tough news for those trying to enter the market, it’s good news for those who already own a home. This four-bedroom, three-bathroom listing in Apex, NC , is proof of that. This updated abode was featured on a Season 15 episode of HGTV’s “Love It orRead …
Houston Astros Star Jose Altuve Snags Sleek, Sky-High Condo Near Miami for $4.8M
Houston Astros All-Star second baseman José Altuve has purchased a posh South Florida condo for $4.8 million. Set in Sunny Isles Beach in the Jade Signature building, Altuve’s three-bedroom, 4.5-bath residence on the 47th floor sits 21 miles north of Miami . The residence had been on the market for $4.95 million, so Altuve alsoRead …
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Homebuilders Express Low Confidence in the Housing Market—but There’s a Hint of Hope
https://na.rdcpix.com/3f6fcb2ad822ebfcadf33b0e23990184w-c1713567189rd-w832_h468_r4_q80.jpg” class=”attachment-post-thumbnail size-post-thumbnail wp-post-image hero_Image no-lazy” alt=”Homebuilders Express Low Confidence in the Housing Market—but There’s a Hint of Hope”> (Getty Images) https://www.realtor.com/author/jgerstein/”>Julie GersteinRead More
Need a bargain? 4 markets where homebuyers can still find foreclosures—but there are risks
Cash-strapped home shoppers desperate for a deal might ponder buying a home in foreclosure. These homes, which lenders have repossessed due to owners defaulting on their mortgage, often sell for bargain prices. Yet lately, these deals have been harder to find. In 2010, following the 2008 financial crisis, there were more than 2.8 million foreclosures.).Read …
Florida Realtors® Florida Housing Market Update: May 2024
New listings and inventory climbed at statewide level in May, but there’s a decent amount of variation at the county level — and even within several counties, when we drill down to the ZIP code level. How is the real…
Florida Realtors® Releases New Buyer Representation Forms
Florida Realtors has released four new forms — two compensation agreements and modification forms, for each compensation agreement. These new forms aim to provide maximum flexibility to compensation arrangements in the transaction and are designed to allow the participants in…
These are the world’s most ‘impossibly unaffordable’ cities—and 5 of them are in the U.S.
These Are the World’s Most ‘Impossibly Unaffordable’ Cities—and 5 of Them Are in the U.S. By Julie Gerstein Jun 14, 2024 Envelope Facebook Twitter Linkedin Pinterest Share While buying a home just about anywhere today might seem tough, certain markets are so pricey, they’ve earned the designation of “impossibly unaffordable.” For the past 20 yearsRead …