Jersey Mike’s founder Peter Cancro is celebrating selling a slice of his business to private equity firm Blackstone for a staggering $8 billion—more than enough to put some of that toward his already impressive property portfolio. The deal ensures growth of the sandwich chain, which got its start on the Jersey Shore and has grownRead …
The highly anticipated movie adaptation of hit musical “Wicked” has officially hit movie theaters—prompting a wave of pink-and-green-clad fans to turn out in droves for the fascinating tale of Elphaba and Glinda on the big screen. To celebrate Friday’s global release of the movie musical experience, featuring powerhouses Cynthia Erivo as Elphaba and Ariana GrandeRead …
In [Montana](https://www.realtor.com/realestateandhomes-search/Montana), it’s all about the land. Just ask the fictional Dutton family on the acclaimed drama, “Yellowstone.” The popular Paramount Network neo-Western featuring actors Kevin Costner and Kelly Reilly put luxury log-cabin living on the map. And now fans can snag a piece of the picturesque American West for themselves. What better place toRead …
The real estate investor who offered Sean “Diddy” Combs $30 million for his [now-infamous “freak off” mansion](https://www.realtor.com/news/celebrity-real-estate/sean-diddy-combs-mansion-raids-los-angeles/) has broken his silence on what motivated him to put in a bid for the controversial property—and why he believes there is “painful” work to be done on it to make it livable. Bo Belmont, CEO of [California](https://www.realtor.com/realestateandhomes-search/California)-basedRead …
November 22, 2024 – The [Realtor.com® economics team](https://www.realtor.com/research/team/)(https://www.youtube.com/playlist?list=PLmlKLrMX62MaN_8ny9hJdpyVoDfUDNjM8)[update](https://www.realtor.com/research/video-economic-and-housing-market-update-november-22-2024/)gives you the relevant economic and real estate information you need to know each week every Friday to navigate the housing market as a homebuyer, home seller, or industry professional. – For the week ending November 22, [Realtor.com®](https://www.realtor.com/research/team-member/ralph-mclaughlin/)[Chief Economist Danielle Hale](https://www.realtor.com/research/team-member/danielle-hale/)recaps the latest economic commentary. The slew ofRead …
November 22, 2024 Economic and Housing Market Update Read More »
Matthew McConaughey has revealed the real reason that he [quit his lavish celebrity lifestyle](https://www.realtor.com/news/trends/states-where-californians-moving-for-lower-home-prices/) in [Los Angeles](https://www.realtor.com/realestateandhomes-search/Los-Angeles_CA) in favor of moving to a remote Texas ranch with his family in 2014. The [55-year-old actor](https://www.realtor.com/news/celebrity-real-estate/matthew-mcconaughey-buys-chic-beach-property-hawaii/) and his wife, Camila Alves, share three children—Levi, 16, Vida, 14, and Livingston, 11—all of whom live together in an enormousRead …
Here’s some good news for renters: Rent prices are still moving in the right direction—and have fallen for the 15th consecutive month. The median asking rent in the 50 largest metros registered at $1,720, down $23 from last month and $40 from its August 2022 peak, notes Realtor.com economist Jiayi Xu in the October 2024Read …
Rents Fall for the 15th Month in a Row—and the South Becomes Even Friendlier to Renters Read More »
Sales of previously owned homes rose in October following a brief dip in mortgage rates, and posted their first year-over-year gains since 2021. Total existing-home sales increased 3.4% from September, to a seasonally adjusted annual rate of 3.96 million last month, the National Association of Realtors® [reported](https://urldefense.com/v3/__https://www.nar.realtor/research-and-statistics/housing-statistics/existing-home-sales__;!!F0Stn7g!Acen5K2ANpXIoTUC_eBra8eQbdL6ePa2SVkS8sqECTaOSMzsOeCdzK_gbnHshl8facBksBqEnSVPXO1yOjf5VcYd1YYiJvk$) on Thursday. The October sales figure, which excludesRead …
Sales of Existing Homes Rise Annually for First Time in 3 Years Read More »
Hopeful homebuyers have faced challenging housing dynamics over the last few years, due in part to the ongoing recovery from the red-hot pandemic-era market. Understandably, housing decisions have taken center-stage for many as achieving homeownership has become less attainable. The recent U.S. presidential election placed Donald Trump at the helm once again, met by mixedRead …
[Home affordability](https://www.realtor.com/mortgage/tools/affordability-calculator/) is top of mind for most Americans—but, even with mortgage rates trending higher, there are still cities where it’s possible to own a home without stretching your income too far. In evaluating the biggest metros in the country, [Realtor.com®](http://realtor.com) found that there were five cities where less than 30% of households could affordRead …
The Most Affordable Metros in America: Where You Get More Bang for Your Buck Read More »
