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First-time homebuyers hit the spring home buying market in full force this year, making up 42 percent of shoppers, according to surveyed realtor.com users. But the data shows their home searches haven’t been easy, as this primarily millennial group of home buyers struggled with budget constraints and spent longer looking for a home this year
Highlights US economic expansion marks a 10-year anniversary this summer, the longest in recorded history Gross domestic product in the first quarter of 2019 outpaced the average for the past decade The economy added 21 million net new jobs during the 2010-19 period, and pushed the unemployment rate to 3.7% The US population has grown
The June U.S. median listing price was $316,000, up 5.6 percent year-over-year. However, the rate of price growth is now the slowest on record since April 2015. Nationally, homes sold in 56 days in June, two days more slowly than last year. National inventory grew 2.8 percent year-over-year.  Realtor.com®’s June data shows inventory growth in
Highlights The latest analysis on search activity on realtor.com shows demand remains largely unquenched at the entry level, with homebuyers aiming 9.1% below the price point of what’s available. This spring, half of home shoppers were searching for homes under $288,000, while half of inventory available for sale was listed under $315,000. At least 94,000

Wowza! | Crazy Huge Estates

#celebs #realestate Brian Rothmuller/Icon Sportswire via Getty Images Former Boston Celtics center Aron Baynes is selling his home in Newton, MA, for $1.69 million. Baynes is ready to run a fast break out of Massachusetts after being traded to the Phoenix Suns in June. The 32-year-old bought the newly built townhouse for $1,585,000 in May
#celebs #realestate Andreas Rentz/Getty Images Former Time Warner CEO Jeff Bewkes has picked up a posh Greenwich Village apartment for $5.65 million. The champion of groundbreaking shows such as “The Sopranos” and “Sex and the City” now has his own pad in New York City. According to the listing, the gut-renovated unit offers modern improvements
#celebs #realestate Ragnar Singsaas/Redferns via Getty Images Heavy metal musician Jason Newsted is strumming a goodbye tune to his Walnut Creek, CA, home. The former Metallica member has listed his modern farmhouse in the Bay Area for $2.89 million. And you don’t have to be a head banger to appreciate this rockin’ five-bedroom home—the melodious
#celebs #realestate Gabriel Olsen/Getty Images Rap mogul Bryan “Birdman” Williams hasn’t been able to find a buyer for his swanky manse in Miami Beach, FL. To entice someone (anyone!) into making an offer, the price on Birdman’s enormous tricked-out mansion was recently slashed to $13.5 million. The new price represents a 33% reduction—the 20,000-square-foot home

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