Real Estate News

Housing Market Supply, Lowest Inventory Ever Tracked

Castles Unlimited Holiday Special

 

After five months of upswing, sales of existing homes were lower in November.

They lowered 2.5% month-to-month to a seasonally adjusted yearly rate; 6.69 million units. Sales were 25.8% higher YoY

Scarlet Johansson Selling $2.3M Upper East Side Penthouse

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Black “Scarlett Johansson” Widow is selling her Upper East Side pied-a-terre; suit sold separately. You have the choice of renting the Manhattan condo for $6.5k, or buying it for $2.3M.

Profile of Home Buyers and Sellers: 2019 Reflection

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We see, of first-time homebuyers in 2019, 32% depended on inner circle for loans or gifts, according to the 2019 Profile of Home Buyers and Sellers, an annual report from the National Association of Realtors.

Existing Home Sales: Reflecting on the 2019 Housing Market

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Single-families, condos, co-ops, and townhomes had a median price of $274,500, which reflects a +7.8% YOY. The median price for single-family sales was $276,900, while condos pulled $255,400.