Confused about the housing market? Here's what's happening now – and what could happen next
From rising rates to low inventories, here’s what you need to know about the topsy-turvy U.S. housing market. Source link …Read More
Month: September 2022
Ken Griffin buys Miami compound for $106.9 million, a new record
Billionaire hedge-fund manager Ken Griffin recently paid $106.875 million for a waterfront estate in Miami, Fla., shattering the previous price record in the area. Source link …Read More
Homeowners lose wealth as rising interest rates weigh on home values
Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Source link …Read More
Denim mogul Maurice Marciano drops $37.5 million on Beverly Hills mansion
After restoring and expanding a home in Beverly Hills, agent-developer Fred Bernstein has sold the prized property to Guess jeans co-founder Maurice Marciano for $37.5 million. Source link …Read More
4 takeaways from the Investing Club’s ‘Morning Meeting’ on Tuesday
The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. Source link …Read More
California voters to decide on repeal of anti-public housing measure in 2024
Voters will choose whether to remove an anti-public housing provision in the state Constitution in 2024 Source link …Read More
Million-dollar homes losing luxury status as buyers get less space for their money, research finds
Money does not go as far for home size at any price point nowadays, according to Zillow. The $1 million price threshold in particular is losing its cachet. Source link …Read More
Millennials can't afford to pay rent in these California cities because of the renter wage gap
L.A., San Diego, San Francisco, San Jose, Riverside and Sacramento have some of the biggest rent wage gaps for millennials, according to a Filterbuy analysis. Source link …Read More
One in five home sellers is now dropping their asking price as the housing market cools
The average home sold for less than its list price for the first time in over 17 months during the four-week period ended Aug. 28, according to Redfin. Source link …Read More
In Massachusetts, a candle mogul's stunning spread lists for $23 million
The amenity-loaded mega-mansion of late Yankee Candle founder Michael Kittredge is up for grabs in Massachusetts for $23 million. Source link …Read More