Home prices cooled at a record pace in June, according to housing data firm
Home price gains are cooling fast, as demand wanes and still-tight supply builds. Source link …Read More
Worried about mortgage interest rates? Here's what the Fed's rate hikes mean
There is a connection between the Federal Reserve’s efforts to curb inflation and higher mortgage interest rates, but it’s probably not the one you think it is. Source link …Read More
Mortgage rates fall sharply after negative GDP report and Fed's latest hike
The average rate on the popular 30-year fixed mortgage fell to 5.22% on Thursday from 5.54% on Wednesday, according to Mortgage News Daily. Source link …Read More
Radio's Tom Joyner sells Florida home with a boxing ring for $19 million
After a $7.5-million renovation that saw him bring in a boxing ring, radio host Tom Joyner has sold his waterfront villa in Florida for $19 million. Source link …Read More
Pending home sales fell 20% in June versus a year earlier as mortgage rates soared
The decline in sales coincided with mortgage rates soaring to over 6% last month. Source link …Read More
'Precious' producer eyes $50 million for Carpinteria polo compound
Film producer Sarah Siegel-Magness is asking $50 million for her Carpinteria compound complete with two polo fields. Source link …Read More
Home price growth slowed for the second straight month in May, S&P Case-Shiller says
Home prices in May were 19.7% higher compared with the same month last year, according to the S&P CoreLogic Case-Shiller National Home Price Index. Source link …Read More
Berkeley's 'Moorish-Tudor fever dream' of an apartment complex sells for over $100 million
A group led by Wall Street firm Goldman Sachs bought the Enclave Apartments, a student housing complex known for its unusual, castle-like design. Source link …Read More
How the Fed's escalating fight against inflation is hitting the hot housing market
The U.S. Federal Reserve is waging an intense fight against inflation, using interest rates as its primary weapon. That has a big effect on the housing market. Source link …Read More
Tinder's Sean Rad pays $35 million for a Hollywood star's stunning estate
Tinder co-founder Sean Rad has shelled out $35 million for an extravagant Bel-Air compound owned for decades by the late actress Yvette Mimieux. Source link …Read More