Homebuyers are backing out of more deals as high mortgage rates persist and recession fears linger
Homebuilder cancellation rates have more than doubled since April, according to surveys by John Burns Real Estate Consulting. Source link …Read More
Month: August 2022
TV producer Steven Bochco's Pacific Palisades estate lists for $35 million
In Pacific Palisades, the longtime compound of late TV producer Steven Bochco is on the market for $35 million. Source link …Read More
Home Depot and Lowe's cite strong demand in earnings reports, but softening could be ahead
Even as homebuilder sentiment dropped, Home Depot and Lowe’s saw continued strong demand from contractors. Source link …Read More
Magic Johnson's former mansion, complete with a basketball court, asks $14.5 million
A Bel-Air mansion with a basketball court built for Lakers legend Magic Johnson is up for grabs for $14.5 million. Source link …Read More
Mortgage demand fell last week even as rates declined slightly
A small drop in mortgage rates was not enough to fuel any kind of recovery in consumer demand for home loans. Source link …Read More
Ben Affleck wants $30 million for Pacific Palisades mansion
Oscar-winning actor Ben Affleck is asking $30 million for his prized bachelor pad in Pacific Palisades. Source link …Read More
Homebuilders say U.S. is in a 'housing recession' as sentiment turns negative
The National Association of Home Builders/Wells Fargo Housing Market Index has declined for eight straight months. Source link …Read More
'American Idol' producers spent years building a vineyard. Now, they want to sell
After a decade running a vineyard in Paso Robles, ‘American Idol’ producers Ken Warwick and Nigel Lythgoe list the 164-acre compound for $22 million. Source link …Read More
Want to buy a home? Use this mortgage calculator to determine your monthly payment
If you’re thinking about buying about home, use our mortgage calculator to estimate your potential monthly payment. Source link …Read More
In Little Holmby, a Paul R. Williams gem lists for the first time in 50 years
For the first time in more than half a century, a Paul R. Williams home in Little Holmby is on the market for $5.25 million. Source link …Read More