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Existing-Home Sales Surged 14.5% in February—the Largest Increase Since July 2020
Existing-home sales surged 14.5% from January to a seasonally adjusted annual rate of 4.58 million in February—its largest monthly percentage increase since July of 2020, according to the National Association of REALTORS®’ (NAR) most recent existing-home sales report. While year-over-year sales fell 22.6%, month-over-month sales rose in all four major U.S. regions, and all regions…
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Anywhere Shakes Things Up, Names Lane New Coldwell Banker Realty CEO
Above: Kamini Lane There’s a new face at the helm of Coldwell Banker Realty after parent company, Anywhere Real Estate Inc., announced that Kamini Lane would be the new president and CEO of the company-owned brokerage. Lane will lead the next chapter of Coldwell Banker Realty and its 55,000 agents as Anywhere indicated that she…
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Amid Some Positive Signs, Housing Affordability Struggles Continue to Affect Buyers and Homeowners Alike
Since the drastic rise of home prices and mortgage rates from the time of the pandemic boom, housing affordability continues to decline. Buyers, whether veterans or first-timers, have felt pushed out of the market due to ongoing market struggles. Mortgage rates are now at 6.60%, after rising for five straight weeks, according to the latest…
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Altrata Reveals Evolving Residential Footprint of the Ultra-Wealthy
Altrata, a leading provider of intelligence on the wealthy and influential, has announced the recent release of its report, Residential Real Estate 2023: Spotlight on the World’s Leading Markets for the Wealthy. This is the second edition of the report, powered by Wealth-X data and sponsored by REALM, focusing on the residential footprint of ultra…
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OneKey MLS Reports Decreased Median Sale Price in southern New York
OneKey® MLS, which services nine counties throughout southern New York, announced the release of a monthly data report assessing changes in its served markets. The report lists data both county-by-county and by transaction type, allowing a picture of the nine county-wide markets as a whole and individually. The latest report tracked changes from January to…
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