Author name: beafloridian.com

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 …

EXCLUSIVE: Developer Who Offered Diddy $30 Million for $61.5 Million ‘Freak Off’ Mansion Predicts ‘Painful’ Future for the Property Read More »

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 …

Matthew McConaughey Reveals Real Reason He Quit Los Angeles for Quiet Life on a $6 Million Texas Ranch Read More »

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 …

Post-Election Survey: 1 in 5 Republicans Are More Likely to Purchase a Home as a Result of the Election Read More »

[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 »

A splash of Hollywood is coming to the North Fork of Long Island, we hear. Sources tell Gimme Shelter that Gabrielle Union, the actress and activist, and former NBA star Dwyane Wade are the new owners of a $2.6 million beach house in Jamesport, NY—shunning the high-gloss nature of the Hamptons for the more laid-backRead …

Gabrielle Union and Dwyane Wade Just Bought a Chic Beach House on Long Island—and, No, Not in the Hamptons Read More »

Yes, it’s beginning to look a lot like [winter](https://www.realtor.com/advice/buy/surprises-first-time-homeowners-face-in-winter/). Frigid cold weather is finally making its way across the country, dropping heavy amounts of snow in the central states. Many homeowners are bracing for the impact that continuing [inclement weather](https://www.realtor.com/advice/buy/is-your-home-insurance-ready-for-extreme-weather/) can have on their property. So, have you taken all the necessary precautions to protectRead …

Avoid a Blizzard Blunder! Here’s How To Protect Your Home From a Snowstorm Read More »