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Meanwhile, existing-home sales slid 3.4% from April to a seasonally adjusted annual rate of 5.41 million, according to the National Association of REALTORS®.
Nationwide, sales fell 8.5% annually and rose 5.8% monthly, as rising interest rates and home prices weighed on homebuyers’ purchasing power, RE/MAX said.
New-home completions rose during the month, however, with the increased inventory representing a rare bright spot in an otherwise gloomy government report.
Modus, founded in Seattle in 2018, touted a more efficient, secure and transparent system for closing on a home.
The Federal Reserve raised interest rates by .75% today: the sharpest increase since 1994. How will that affect real estate?
Two major real estate firms are cutting their workforces amid a cooling housing market. Compass and Redfin are laying off 10% and 8% of their current staffs, respectively.
Lumber prices, once emblematic of widespread supply-chain woes, are finally beginning to fall. How will this affect the housing market?
It is a fun reminder that location is everything, and every state has amazing ultra-luxury properties for the right price.
Compensation the seller offers to the buyer broker will be set by the seller, rather than commission sharing between the brokerage firms.
Your dream home is ready for excavation in Cleveland, Ohio. With large dinosaur statues playing out prehistoric scenes, this three-bedroom colonial is like no other home on the market.
A new Zillow survey revealed that 50% of Americans cry while buying a home, with Gen Z and millennial buyers far more likely to shed tears at least once during their home-buying journey.
Nationally, the index posted its highest annual increase ever.
Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide.
Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®.
With suburban home value growth surpassing that of urban homes, the most popular areas appear to be outside the city. Which Seattle suburbs are the hottest?
Seattle rated in the top 10 for electric vehicles, vegan options, public transportation and emissions.
