Real Estate News

Homie To Expand Power Buyer Program Amid Surge In Demand

April 14, 2022

The expanded program and a new buy-before-you-sell offer will be unveiled in Colorado and Utah in the next two weeks, followed by Arizona, Nevada and Idaho, executives told Inman exclusively. The Utah-based online real estate brokerage Homie is unveiling an updated version of its Power Buyer program and will soon back with cash homeowners looking […]

Would You Live on a Private Island in the Middle of a Pond?

Owning your own private island offers bragging rights like no other. You can enjoy the peace, tranquility, and beauty of nature far from the hustle and bustle of the everyday world. We found one such island 10 miles west of the Atlantic Ocean, in the middle of a pond! On the market for $1,295,000, the island […]

Lumber Prices Reach Lowest 2022 Level. But DIY Projects Already DOA

The price of lumber dropped to $829 per thousand board feet on Tuesday, a 39 percent drop from just a month earlier. It’s still nearly double the pre-COVID rate. Lumber prices saw a 6 percent decrease in price this week, bringing the cost of the essential building commodity to its lowest level of the year. […]

Mark Twain’s $3.9M Connecticut Estate Looking for a Twainiac

Named after a character in a short story written by a man who once lived on the property, Stormfield is now on the market for $3.9 million. “It’s the last home of Mark Twain. He lived there from 1908 until his death in 1910. Redding, CT, really celebrates the fact that it was the last […]

Property Tax Hikes Slowed Last Year Even As Home Sale Prices Took Off

The average property tax bill rose by 1.8 percent in 2021. That’s the lowest increase in years, despite record home price growth, according to a new report from Attom Data Solutions. Homeowners saw their property taxes rise by less in 2021 than the year before, despite an acceleration in home price growth. Governments taxed single-family […]

Mortgage Rates Hit 5% for First Time Since 2011

The interest rate on America’s most popular mortgage hit 5% for the first time in more than a decade, extending a sharp rise that has yet to significantly slow the red-hot housing market. Interest on the average 30-year fixed-rate mortgage climbed from 4.72% a week ago to its highest level since early 2011, government-mortgage company Freddie Mac said […]

Russell Wilson Lists Washington’s Most Expensive Mansion for $36M

Former Seattle Seahawks quarterback Russell Wilson has tossed his Bellevue, WA, mansion onto the market. Priced at $36 million, it’s also the most expensive listing in the state. The sale price includes the main mansion, water frontage, a dock, and nearly 2 acres facing Lake Washington. The price goes down to $28 million if the […]

Inman Names Emily Paquette As New CEO Of Company

Real estate news and events company Inman Group announced today that Emily Paquette will take over as CEO of the company at the end of April. Paquette, who has worked in several leadership roles at Inman over the past eight years, most recently as chief revenue officer, will officially take over as CEO on April […]

Former BoxBrownie Director To Lead NAR Tech Accelerator In Australia

Peter Schravemade will serve as managing partner of REACH Australia, a program run by the National Association of Realtors’ Second Century Ventures. The National Association of Realtors (NAR) announced Wednesday that it has tapped Peter Schravemade, formerly of imaging startup BoxBrownie, to lead the Australian chapter of its technology accelerator program. Peter Schravemade Schravemade will […]