Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13%
The median price of homes that sold during the four-week period ending August 9 was up 10% year over year—the largest increase in over six years—and hit a new all-time high of $314,000, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. In the last week of the period, prices were up 12% from a year … Continue reading Late-Summer Housing Market is Unseasonably Hot, Prices Up 10% and Pending Sales Up 13% Continue Reading


The median sale price for luxury homes in the U.S. rose 1.2% year over year to $825,000 during the three months ending July 31, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The rebound comes after a record decline in the spring, when luxury prices dropped 1.7% as the coronavirus pandemic forced the U.S. economy …
Phoenix American, a full-service fund administration provider for alternative investment funds, has published a new white paper examining the ongoing impacts of the COVID-19 pandemic crisis on multifamily real estate across the United States. Multifamily & COVID-19 Federal Support, Rental Payments and Risk Outlook for 2020 analyzes the effects on multifamily real estate five months into the pandemic crisis and …
420Property.com, the world’s leading business and real estate marketplace serving the cannabis industry has seen nearly a 60 percent overall increase in demand for cannabis businesses for sale and available real estate due to the 2020 Election and the COVID-19 pandemic. Real estate speculators and entrepreneurs are getting an early jump on locating properties suitable …