Author name: Szabi

What Is an Escalation Clause in Real Estate and When Should You Use One?

When you’re deciding on what [price to offer on a home](https://www.realtor.com/advice/buy/the-basics-of-making-an-offer-on-a-house/), the situation might call for a single price or, in some cases, numerous prices via an [escalation clause](https://www.realtor.com/advice/buy/what-is-an-escalation-clause-how-does-it-work-and-when-should-you-use-one/). In a fast-paced, competitive [market](https://www.realtor.com/advice/buy/what-is-a-sellers-market/), having an escalation clause as part of [your offer on a house](https://www.realtor.com/advice/buy/how-much-below-asking-price-should-you-offer-on-a-house/) can benefit the homebuyer and seller alike. But itRead …

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What Is a Starter Home? The Small, Affordable Houses That Aren’t Being Built Anymore

What Is a Starter Home? The Small, Affordable Houses That Aren’t Being Built Anymore

Owning a little house on a plot of land had become synonymous with the American dream—a sign of prosperity and social mobility. And in the past, the dream began with a starter home. This home was seen as the first rung on the property ladder and tended to be smaller and less expensive. “Conceptually, aRead …

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S&P CoreLogic Case-Shiller Index—Home Prices Up 3.9% in September

S&P CoreLogic Case-Shiller Index—Home Prices Up 3.9% in September

What does the data show? The [S&P CoreLogic Case-Shiller Index](https://www.spglobal.com/spdji/en/index-family/indicators/sp-corelogic-case-shiller/sp-corelogic-case-shiller-composite/#news-research) notched 3.9% higher annually in September, slowing compared to previous months. The 10- and 20-city index saw annual increases of 5.2% and 4.6%, respectively, down from 6.0% and 5.2% the previous month. This month’s release covers home sales in July, August and September, a periodRead …

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Eerie Abandoned Artist Colony in Utah Ghost Town Finally Snags a Buyer After Price Was Slashed by $375K

Eerie Abandoned Artist Colony in Utah Ghost Town Finally Snags a Buyer After Price Was Slashed by $375K

An abandoned former artist colony in a Utah ghost town has finally found a buyer—but only after its original asking price was cut down by a staggering $375,000. Located in the former mining town of Cisco, UT, the 1.35-acre property was originally listed for $450,000 back in May; however, that price was later reduced toRead …

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Home-Price Growth Has ‘Stalled,’ Case-Shiller Says

Home-Price Growth Has ‘Stalled,’ Case-Shiller Says

The numbers: Home prices in the 20 biggest U.S. metropolitan areas lost more steam in September, buckling under the pressure of high mortgage rates and historic unaffordability. The S&P CoreLogic Case-Shiller 20-city house-price index rose 0.2% in September, compared with the previous month. Home prices in the 20 major U.S. metropolitan markets were up 4.6%Read …

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What’s Stopping You From Achieving the American Dream? Money—and Here’s How Much People Say They Need.

What’s Stopping You From Achieving the American Dream? Money—and Here’s How Much People Say They Need.

Brooke Scott wants to live her own version of the American dream, and she’s done the math. To get there, she said she needs an income of $300,000 a year. That would allow her to pay a mortgage, raise kids, fund her retirement savings and live a life that feels secure and fulfilling, she said.Read …

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Inside America’s First Solar-Powered Community—and It’s Hurricane-Proof, Too

Inside America’s First Solar-Powered Community—and It’s Hurricane-Proof, Too

America’s first solar-powered community has had a “mind-blowing” effect on residents’ power bills—and it’s even getting attention for surviving Hurricane Milton unscathed, and without losing power. Billed as “the Hometown of Tomorrow,” this planned community in Punta Gorda, FL, just 15 miles from Fort Myers, is fueled by solar energy, thanks to the 880-acre solarRead …

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Weekly Housing Market Update: Climbing Home Sales Are a Bright Spot as Mortgage Rates Tick Up

Weekly Housing Market Update: Climbing Home Sales Are a Bright Spot as Mortgage Rates Tick Up

Mortgage rates might be ticking up, but there is a bright spot on the horizon as existing-home sales climb. In October, existing-home sales climbed to 3.96 million and grew on a year-over-year basis for the first time since July 2021. The median price of homes sold climbed and inventory also grew, keeping the market inRead …

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Comedian Keke Palmer Says ‘Nope’ to Her Pristine Brooklyn Penthouse as She Lists It for $3 Million Amid Memoir Launch

Comedian Keke Palmer Says ‘Nope’ to Her Pristine Brooklyn Penthouse as She Lists It for $3 Million Amid Memoir Launch

“Nope” star [Keke Palmer](https://www.realtor.com/news/celebrity-real-estate/keke-palmer-reportedly-buys-studio-city-crib/) is saying “no thanks” to her [Brooklyn, NY](https://www.realtor.com/realestateandhomes-search/Brooklyn_NY), penthouse after four years of ownership, listing the elegant property for just under $3 million, days before she’s due to release her memoir. The Emmy Award-winning actress, who is famous for her roles in hit movies like “Hustlers” and “Pimp,” has put herRead …

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$7.95 Million 76-Acre Equestrian Compound With Pickleball Court and Car Collector Showroom Is the Week’s Most Popular Home

$7.95 Million 76-Acre Equestrian Compound With Pickleball Court and Car Collector Showroom Is the Week’s Most Popular Home

An enormous legacy compound in [Vashon, WA,](https://www.realtor.com/realestateandhomes-search/Vashon_WA) complete with a car collector showroom, pickleball court, private pond, and “world-class” wine cellar is this week’s most popular home on [Realtor.com®](http://realtor.com). The three-parcel equestrian property features three residences, horse stables, and even a sawmill. Called “one of the nicest privately owned estate properties in the Northwest,” theRead …

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