Home Prices Hit Record High in May as ‘Lock-In’ Effect Crimps Existing Housing Supply
The spring housing market is officially over, and home sales fizzled out in the last full month of the season. Sales of existing homes shrank by 0.7% in May compared with April, according to a recent report from the National Association of Realtors®. Sales also fell annually, dipping 2.8% from May 2023 to a seasonallyRead …
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Say Hello to Summer: Bask in the Season in These 5 Luxe Beach Houses, All Priced Below $1M
It’s officially summer: the season of sunscreen, piña coladas, and a sudden desire to text that friend who owns a beach house. But maybe instead of trying to finagle a surf-side invite, it’s time to consider splurging on your own waterfront property—as either a full-time dream home or an occasional vacation getaway. Of course, youRead …
Blue-State Residents Are Fleeing To Red States for Lower House Prices
America’s Republican-leaning red states are winning at drawing in new residents from blue states—but locals don’t like it one bit.The Republican counties—defined by the 2020 presidential vote—gained 3.7 million more people than they’ve lost since 2020. Meanwhile, Democratic “blue” counties lost 3.7 million more residents than they gained over that same time frame, according toRead …
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What Does a Record-Setting $210M Mansion Sale Mean for the Malibu Real Estate Market?
A $210 million real estate deal in Malibu, CA, has shattered the record for the most expensive home sale in the coveted coastal town.” /Read More
Back in the Saddle: Producer Ryan Murphy Offers Up His SoCal Equestrian Estate for $10.6M
The talented TV writer and director is looking to offload another Southern California property; this time, it’s a horse ranch in Los Angeles.” /Read More
Nice! Vanilla Ice ‘Made Millions Doing Nothing’ by Flipping Homes
When his rapping career ended, the performer, whose real name is Robert Matthew Van Winkle, turned to buying and flipping properties.” /Read More
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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