Things got real. A Utah realtor is warning parents to think twice before bringing their kids to open houses — sharing a harrowing story that ended with a little girl being rushed to the hospital. Karina VanOrman shared a story on TikTok about a couple who insisted on bringing their three children on every tour … Read more
Here’s some good news for renters: Rents are still trending in the right direction—and have fallen for the 15th month in a row. The average asking rent in the 50 largest metros registered at $1,720, down $23 from last month and $40 from its peak in August 2022, notes Realtor.com economist Jiayi Xu in the … Read more
Here’s your chance to own a page of New York literary history. In the Bronx, a 10,000-square-foot mansion formerly owned by the late poet Stanley Moss is back on the market at a new — and discounted — price, The Post has learned. The writer, who died in July at the age of 99, tried … Read more
It may seem surreal to own a piece of property that, separately, Tesla titan Elon Musk and the late actor Gene Wilder once called their own. Now, it will be passed on to a new generation – for less. That’s because this Los Angeles mansion is approaching a foreclosed sale. Mansion Global reports that this … Read more
Home affordability 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 nation’s largest metros, Realtor.com found that there were five cities where fewer than 30% of households could afford a home. … Read more
Republicans are suddenly more optimistic about the housing market after Donald Trump’s presidential election victory, while Democrats are less bullish, according to a new survey commissioned by Realtor.com®. Roughly 1 in 5 Republicans say they are now more likely to buy a home as a result of the election, while 24% of Democrats say they … Read more
High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who has bought a home in recent years knows, interest rates have more than doubled since 2020. For a 30-year fixed-rate mortgage, you’re looking at an average interest rate of somewhere between 6% … Read more
Today’s high interest rates have created a ticking time bomb for many homebuyers who took out an adjustable-rate mortgage near the start of the COVID-19 pandemic. About 330,000 homeowners who took out an ARM in 2019 have already seen their five-year fixed-rate term end, and another 100,000 will join them next year, according to ICE … Read more
Small towns are experiencing a resurgence, with the largest number of Americans moving out of metro areas for the first time since the 1970s — many in search of a more neighborhood feel. Now, a community is being built with this ethos in mind. In 2023, according to University of Virginia researchers, about 291,400 people … Read more
Sean “Diddy” Combs’ scandal-plagued Los Angeles mansion has found a potential buyer — but the offer on the table is half the asking price. Bo Belmont, CEO of California-based real estate crowdfunding firm Belwood Investments, has reduced an offer of $30 million for the Holmby Hills estate, despite it being listed for $61.5 million. Combs … Read more