How high will homebuyers go?

While some might have expected the record-breaking home price growth and historically low inventory levels seen in 2017 to push buyers away, buyer demand remained strong, and those who had the extra cash to be competitive in a seller’s market showed up in full force — something that is evidenced in Zillow’s latest home sales analysis …

Here are the hottest housing markets of 2018 according to Zillow

Bolstered by strong home values and low unemployment rates, San Jose in the heart of Silicon Valley and Raleigh, North Carolina, another emerging tech hub, topped Zillow’s survey of the top 10 hottest housing markets of 2018. But nearly all the markets were home to thriving tech businesses …

New York legislator pushes to legalize short-term rentals

On January 3, Bonacic introduced Senate Bill S7182, which proposes a number of amendments to the 1929 Multiple Dwelling Lawn that currently bans homeowners from renting an entire home or apartment for less than 30 days …

Scott Durkin promoted to president at Douglas Elliman

Last night Barbara Corcoran cooked Scott Durkin, the newly named president of New York City brokerage Douglas Elliman, his favorite dish — a pot roast — to celebrate his promotion …

Rising rents are making it harder to save for a home

It’s getting harder for younger generations of renters to save to buy their own home, with rising rents gobbling up more and more of their income.  Meanwhile, homeowners are finding their monthly mortgage payments are coming down …

‘No commission’ startup Reali raises another $3 million

Reali hopes to entice buyers and sellers by offering “no commission” on transactions, instead charging a “small administration fee.” …

Seattle is the new San Francisco

For nine months in a row, Seattle has been leading the nation in home price appreciation with values rising 12.4 percent over the last year. San Jose, California; Las Vegas; Charlotte, North Carolina; and Orlando, Florida rounded out the top five faste…

Welcome to San Francisco, where a destroyed home is still worth $800K

MLS photos show a large hole in the upper right-hand side of the roof, charred walls and blackened household items strewn about. One of the only recognizable items in the home is a retro oven and stovetop where the kitchen once stood …

San Francisco is the most ‘overvalued’ market in the U.S., study finds

According to the UBS Global Real Estate Bubble Index, which includes 20 of the globe’s largest cities, San Francisco is the most overvalued market in the U.S. thanks to home prices that have outpaced the rest of the country by 260 percentage points over the last 40 years …

Californians leaving in droves as home prices surge

In 1966, The Mamas and the Papas were singing “California Dreamin’,” but fast forward 51 years and Californians are belting out a different tune thanks to increasing home prices, unsustainable costs of living and a lack of access to affordable housing …