Real Estate

Million-dollar-plus homes are making up a smaller portion of the housing pie than they did in the spring according to a recent survey. Just over 7% of homes in the U.S. are worth $1 million or more. The share has dropped from June 2022’s all-time high of 8.6% and remains essentially unchanged from a year

Topline As fears of inflation push mortgage rates back toward multi-decade highs, economists are warning the resurgence in borrowing costs will deal another blow to the precarious housing market, driving home sales to new lows and proving the recent recovery many hoped would mark a turning point may instead be a short-lived “mirage.” Key Facts

The remote work boom that was seen during the pandemic has undoubtedly changed how we work in a fundamental way. For instance, a survey conducted in 2021 found that over 75% of workers would gladly sacrifice a pay raise if they could work flexibly more often than before Covid. Indeed, the recent Workmonitor from HR

Asking rents climbed by $6, or 0.3%, from January to February. That is the first monthly increase in rents in five months, since they last rose in September 2022, according to a recent survey. The 0.3% increase is only somewhat smaller than the typical February increase of 0.4%, averaged over data from 2016 to 2020,

While the U.S. homeownership rate has continually increased during the last decade, the Black homeownership rate has not kept pace with increases of other racial groups, according to a recent survey. Also, people of color endure significant buying challenges throughout and even after their home purchase. The 2023 Snapshot of Race and Home Buying in

It would seem that the sky’s the limit for the “Big Sky Country” after Montana ranked in the top 10 population gains in the nation. With 17,000 new residents, Montana grew 1.5% over the past year, thanks to an influx of new residents from decreased-population states like California and Illinois. This newfound popularity has put

With strong horizontal lines and a harmonious blend of wood, stone and steel, this newly built home at the Gray’s Crossing Golf Course community in Truckee, California, takes contemporary mountain design to the next level. In snow or sun, the sprawling single-story delivers as a primary or secondary residence with nearly 3,500 square feet of

Economists and housing experts polled in a recent survey expect home prices to fall 1.6% through December 2023. Affordability challenges are still dragging down demand for homes – lower mortgage costs in January translated into sales that tracked pre-pandemic trends, but higher rates in February have since dampened buyers’ enthusiasm. Starting next year, however, the

Topline Data released by the S&P Corelogic Case-Shiller index, a leading measure of U.S. home prices, shows home prices continued to drop across the U.S. through December, with major cities like Seattle and San Francisco among those showing the biggest declines. Key Facts On Tuesday, S&P Dow Jones Indices reported home prices have ticked down

By its very nature, an island setting near a major metropolis brings with it a certain quality of life. A feeling of unity is created when neighborhood borders don’t bleed into one another but are clearly defined by waterways. Island residents can have a strong sense of identity, community and security. L’Île-Bizard is an island