The biggest challenge in the housing market right now, and likely for years to come, is how few homes there are for sale compared to the number of people who want to buy. That’s why, if you’re thinking about selling your house, this is a great time to do so.

As we celebrate Black History Month, we reflect on the past and present experiences of Black Americans. This includes the path toward investing in a home of their own. And while equitable access to housing has come a long way, homeownership can be a steeper climb for households of color. 

This estate includes 1 castle château built around the Year 1789 with 33 rooms including 15 bedrooms and it's a lighted attic of around 0.37 acres.1 concierge space on 2 floors. 1 caretaker's house with 3 bedrooms and a garage.  Check it out now. 

Many of today’s homeowners bought or refinanced their homes during the pandemic when mortgage rates were at history-making lows. Since rates doubled in 2022, some of those homeowners put their plans to move on hold, not wanting to lose the low mortgage rate they have on their current house. 

Some Highlights Many people believe you need to put down 20% of the purchase price when you buy a home. But recent homebuyers actually put down far less on their purchase. And with programs like FHA loans, VA loans, and USDA loans, some qualified buyers are able to put down as little as 0-3.5%

Charming home in the sought-after town of Milford! The main level showcases an open-concept plan with an expansive fireplaced living room, dining space and a kitchen with access to the back deck. Upstairs, three great-sized bedrooms with ample closet space can be found, including the main bedroom with an suite bathroom and hardwood floors! Plenty of space in the partially finished basement downstairs.

Click here to view the full listing.

The Los Angeles compound that has been home to comic actor and writer Jim Carrey for decades popped up on the city’s real estate radar recently. Carrey has owned the 2-acre estate in Brentwood for about thirty years; he listed it in the first week of the month with a $28.9 million asking price.

Click here to view the full listing.

The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now, as we move through 2023, there are signs things are finally going to turn around. 

If you’re a homeowner ready to make a move, you may be thinking about using your current house as a short-term rental property instead of selling it. A short-term rental (STR) is typically offered as an alternative to a hotel, and they’re an investment that’s gained popularity in recent years.

As mortgage rates rose last year, activity in the housing market slowed down. And as a result, homes started seeing fewer offers and stayed on the market longer. That meant some homeowners decided to press pause on selling. Now, however, rates are beginning to come down—and buyers are starting to reenter the market.

There are plenty of good reasons you might be ready to move. No matter your motivations, before you list your current house, you need to consider where you’ll go next.

Some Highlights If you’re thinking of buying a home this year, be sure to factor in the long-term benefits of homeownership. On average, nationwide, home prices appreciated by 288.7% over the last 32 years. That means homeowners grow their net worth significantly in the long term. Homeownership wins over time. Let’s connect so you can …

We are pleased to announce that Kurt Yang represented the buyer of a $40,000,000 transaction in New York and CASTLES(R) Luxury is off to a great start!
Kurt has worked diligently to ensure that the buyer received a fair and equitable deal and his hard work has paid off. Please join us in congratulating Kurt on this milestone achievement.
We have high expectations for CASTLES(R) Luxury, and we are confident that this accomplishment is just the beginning. We look forward to celebrating more successes in the future.

If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty confusing right now. They may even make you think twice about buying a home for fear that prices could crash. The reality is, the data shows a foreclosure …