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Housing Market Predictions 2020: Housing markets search for new balance – Home price growth will flatten, with a forecasted increase of 0.8 percent – Inventory will remain constrained, especially at the entry-level price segment – Mortgage rates are likely to bump up to 3.88 percent by the end of the year – Tight inventory and
After years of escalating home prices making the cost to purchase a home more expensive than renting in many of the nation’s largest counties, a shift in conditions has made purchasing a home this year more affordable than last year. Three in four large counties have seen the gap between the cost of renting vs.
Despite years of rapidly accelerating home prices, it’s becoming more affordable to purchase a home in the majority of the nation’s 100 largest markets. The number of markets seeing improvements nearly doubled since the beginning of the year. The REALTORS® Affordability Distribution Score looks at how many home listings in each market are affordable to
Highlights Entry-level luxury prices reached $1.2 million, up 2.2 percent year-over-year Luxury sales declined 2.1 percent in August from the prior year, but are performing better than the historic sales decline seen in March. Only four of the 79 markets tracked by experienced double-digit price growth in August, down from  19 markets a year

Wowza! | Crazy Huge Estates

#celebs #realestate America’s former first family has finally closed on a luxurious $11.75 million mansion in tony, island vacation destination Martha’s Vineyard this week. Barack and Michelle Obama had rented the nearly 7,000-square-foot residence with lovely views of the Atlantic and their own private beach over the summer. As previously reported, they have been
#celebs #realestate Tim Clayton/Corbis via Getty Images One of the world’s greatest athletes has reportedly scored a posh pad in Sunny Isles Beach, FL. Argentinian soccer legend Lionel Messi picked up a condo at the Porsche Design Tower for $5 million, according to the Real Deal.  Perhaps the soccer star is also a car freak,
#celebs #realestate Jazz Archiv Hamburg/ullstein bild via Getty Images A decade after singer-songwriter Norah Jones bought and updated a four-story brownstone in Brooklyn, the Greek Revival home is back on the market for $8 million. Jones picked up the harmonious house for $4.9 million and proceeded to make improvements.  Built in the 1800s, the luxe
#celebs #realestate; Frazer Harrison/Getty Images You know about “Toy Story.” Now, here’s a real estate story. Former Pixar President Ed Catmull has set his sights on Marin County with a home purchase in Mill Valley, CA. The five-bedroom, 4.5-bath residence was purchased for $7 million in October, real estate records show.  Last sold in