‘Groundhog Day’: Existing-Homes Sales Slump, but Prices Hit New Record High Yet Again
Getty ImagesHome prices hit a new high in June even as the number of closings slipped again, continuing recent trends in a market battered by soaring mortgage rates.Total existing-home sales dropped 5.4% from May, to a seasonally adjusted annual rate of 3.89 million in June, the National Association
Rams QB Matthew Stafford Lists Hidden Hills, CA, Home Once Owned by Drake
Gregory Shamus/Getty Images; Realtor.comLos Angeles Rams quarterback Matthew Stafford is selling a Hidden Hills, CA, home he picked up a couple of years ago from rapper Drake.After purchasing the place for $5 million in April 2022, Stafford wants to hand it off to a new owner for $5.7 million.The Su
Here’s Why Foreign Buyers Are Really Pulling Back From the U.S. Housing Market
Getty ImagesThe number of American homes purchased by international buyers has plummeted in the last year—and experts know why.According to a new study from the National Association of Realtors, foreign purchases of U.S. residential real estate have sunk to the lowest level ever recorded since 2009,
Shady Lane? Pavement Frontman Stephen Malkmus Lists Portland, OR, Home for $1.13M
Getty Images; Realtor.comStephen Malkmus, lead singer of indie rock band Pavement, just put his palatial Portland, OR, home on the market for $1,130,000.The three-bedroom, three-bathroom property is a work of art, boasting a castlelike facade with battlements along the roof.According to Realtor.com
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