The Aflalo family has unveiled the look of an eight-story apartment complex and supermarket in Beverly Hills slated to replace a Pavilions market. Their Aflalo Family Trust and Moshe and Laura Aflalo... Read more »
The Federal Reserve’s 50 basis-point interest rate cut in September is already making an impact on housing markets across the country. But high mortgage rates and affordability challenges put a damper on... Read more »
The Consumer Price Index (CPI) was up 0.2% from June to July 2024 and up 2.9% from a year ago, according to the latest data from the U.S. Bureau of Labor Statistics.... Read more »
Moderation in mortgage rates led to a pickup in demand for residential real estate, but limited inventories across the country hindered actual home sales, the Federal Reserve reported in its Beige Book... Read more »
Real estate brokerage Redfin revealed signs of progress in its fourth-quarter 2023 earnings report, signaling a potential turnaround after facing challenges earlier in the year. Fourth-quarter 2023 revenues at Redfin fell 2%... Read more »
Housing prices in the US defied expectations last year, showing resilience despite a surge in mortgage rates. Now, with the anticipation of interest rate cuts, Goldman Sachs Research predicts a more substantial... Read more »
Walk past the street-facing 1990s duplex and beyond a 1920s Sears Roebuck kit bungalow, and an accessory dwelling unit, or ADU, rises before you at the end of the property. It’s a... Read more »
The US housing market has shown remarkable resilience in recent months, defying predictions of a downturn. In September, the U.S. CoreLogic S&P Case-Shiller Index increased 3.9% year-over-year, marking the third consecutive month... Read more »
In March 2023, the National Association of REALTORS® (NAR) conducted an extensive survey of its members to explore sustainability issues within the residential real estate industry. The survey report, 2023 REALTORS® &... Read more »
Unemployment keeps falling and home prices keep going up. It’s a great recipe for a strong housing market. Nothing has been able to stop the housing boom — not even higher interest... Read more »