A “sale pending” sign is posted in front of a home for sale in San Anselmo, California, on Nov. 30, 2023. Justin Sullivan | Getty Images News | Getty Images Signed sales contracts on existing homes dropped 7.7% in April compared to March, the slowest pace since April 2020, according to the National Association of … Read more
Rent prices are up all across the United States. According to a May Zumper report, the national median rent for a one-bedroom apartment is $1,487. In New York and Los Angeles, the figure jumps to $4,280 and $2,300, respectively. CNBC Make It analyzed rent estimate data from Apartment List for April 2023 to April 2024, … Read more
Entrepreneur Grant Cardone said collecting and displaying art gives him more fulfilment than investing. Grant Cardone Multimillionaire Grant Cardone, who has been collecting art for around 15 years, says he’s a spontaneous buyer. “I don’t consider myself a connoisseur. I’m very new to the art world. If I like it, I buy it. I don’t … Read more
A pile of lumber at a home under construction at the Cold Spring Barbera Homes subdivision in Loudonville, New York, US, on Wednesday Nov. 8, 2023. Angus Mordant | Bloomberg | Getty Images Sales of newly built homes dropped 4.7% in April compared with March, and fell a larger 7.7% from the prior year, the … Read more
Homes in the Issaquah Highlands area of Issaquah, Washington, US, on Tuesday, April 16, 2024. David Ryder | Bloomberg | Getty Images Sales of previously owned homes fell 1.9% in April from March to 4.14 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. The forecast had been for … Read more
Some young retirement savers say they might raid their 401(k) accounts to buy a home. Doing so, however, could be to their detriment, experts warn. Nearly one-third (30%) of aspiring homeowners say they plan to withdraw funds from their 401(k) plan to fund a purchase, according to the Real Financial Progress Index by BMO Financial … Read more
Driven by the work-from-home dynamic, as well as by new migration patterns, both single-family and multifamily rent prices were red-hot during the first years of the pandemic. Now different drivers are pushing some rents higher — and throwing cold water on others. Multifamily rents in April were 0.8% lower than they were in the same … Read more
A real estate construction site in Wanxiang City, Huai ‘an City, East China’s Jiangsu province, May 17, 2024. Future Publishing | Future Publishing | Getty Images BEIJING — China’s sweeping moves on Friday to increase support for real estate will take time to show results, analysts said. Despite the news, S&P is still sticking to … Read more
Buying a home in the Italian countryside for cheap comes with a catch — in one case, to the tune of nearly half a million dollars. But that wasn’t on the radars of Meredith Tabbone or Rubia Daniels, who in 2019 both learned about homes being sold for 1 euro (roughly $1.05) in Sicily. Since … Read more
“A battle”, “overwhelming” and “disheartening”. That’s how young couple Nick Farmer and Carly Miller have described their journey to clinching a slice of land to call their own. WATCH THE VIDEO ABOVE: Prospective homebuyers snap up plots of Sydney’s newest suburb. But having purchased a plot of Sydney’s newest suburb — Orchard Hills North — … Read more
