Real Estate News

One Third Of Millennial Homeowners Looking To Sell This Year: Survey

March 29, 2022

A survey by Coldwell Banker found that 35 percent of millennial homeowners and 44 percent of Gen Z homeowners plan to sell within a year. A significant amount of the nations young homeowners may be looking to sell this year, according to survey results released Tuesday. The survey, conducted by the brokerage Coldwell Banker, found […]

Idaho’s Most Expensive Home is a $19.75M Mansion Near Sun Valley

Tucked into the tony resort area of Sun Valley, a 10,362-square-foot home in Ketchum currently ranks as the most expensive home in Idaho. On the market for $19,750,000, it beats the runner-up by a scant $250,000. The region is known for hiking, fishing, horseback riding, and other outdoor sports. Its downhill skiing was ranked No. 1 in the […]

Pennymac Drops 236 Workers After Upping Tech, Marketing Investments

The nation’s second biggest mortgage lender, Pennymac, is laying off 236 workers from six locations in California, citing falling demand for home loans. The layoffs — which include 16 employees at Pennymac’s Westlake Village headquarters — are concentrated in loan production and loan processing, but also affect consumer direct lending, information technology and loan servicing […]

Tommy Hilfiger Makes $19M Profit On Aspen Mountain Retreat

The spring homebuying season is in full swing with homesellers making a pretty penny for their old abodes, including famed American sportswear designer Tommy Hilfiger who sold his Aspen Mountain estate for a mind-boggling $50 million mere months after purchasing it for $31 million. “With limited inventory, high-net-worth buyers will pay whatever it takes to […]

The Condo Recovery Is Underway — But Houses Remain Hotter

Competition for condos has been fierce in the past year as buyers once again looked for homes nearer their cities’ urban centers. This follows an early-pandemic softening in the market segment. For much of the early pandemic, condos were harder to sell than houses. In more recent months, however, buyers have been diving back in […]

Realogy Finalizes $210M Title Resources Guaranty Deal

Five months after announcing the sale of a controlling stake in its title insurance underwriting business, Realogy has officially sealed the deal. The New Jersey-based holding company announced the close of the $210 million deal on Tuesday, which enables Realogy to maintain a 30 percent equity interest in the newly formed limited partnership joint venture […]

HomeJab launches NFT marketplace for real estate images

Amid surging interest in virtual and cryptocurrencies, real estate image startup HomeJab announced Tuesday a new marketplace for real estate photo NFTs. HomeJab calls the new marketplace “real.” According to a statement, it will let real estate agents and other industry professionals buy unique images, that they can then use in their marketing. The statement […]

The Week’s Oldest Home Is From 1695 and It Comes With a 1995 House

Two homes for the price of one? An interesting compound in Pocasset, MA, is this week’s oldest property on Realtor.com®. Let us explain. One home on the 3-acre parcel in Cape Cod was built all the way back in 1695. It offers a glimpse of the 17th century with its exposed beams, built-in cabinets, and fireplaces. […]

‘Fixer to Fabulous’ Season 1 Home in Arkansas Is Listed for $725K

When this home in Bentonville, AR, was last sold in 2019, it went for a relatively modest $457,500. Now, thanks to a renovation by Dave and Jenny Marrs of HGTV’s “Fixer to Fabulous,” the home’s value has nearly doubled. Listed just a couple of weeks ago for $725,000, the 3,665-square-foot home is pending sale—with an […]