New Escrow Rules May Eliminate Interest Payments: What Homeowners Stand To Lose—and Why Your State May Be Suing To Save Your Money
Last Tuesday, 10 states filed a lawsuit suing the Office of the Comptroller of the Currency in order to block new rules regarding escrow payments. The collection of attorneys general, led by Oregon, argue that two newly enacted provisions that would allow banks to sidestep state laws requiring them
‘The Game Is Over’: Sellers Are Facing Reality on Pricing and Backing Off Unrealistic Demands
After a year of high interest rates and slow sales, home sellers are finally facing the music this summer—and getting real about home prices. According to the Realtor.com® economics team, last year was a "Cruel Summer," marked by excess inventory, flagging sales, and a general sense that buyers and
Housing Week Ahead: Home Prices, New Construction Insights, and ‘Affordability Refugees’
Get ready for another busy week in real estate data. On Monday, the Realtor.com Economics team kicks things off with the End-of-Summer Housing Update from Senior Economist Jake Krimmel. Tuesday features the quarterly Cross Market Report by Senior Economist Jiayi Xu, showing how some home shoppers ar
Dazzling $9.6 Million Florida Estate With Its Own Baseball Field Comes Complete With a Home Run of a Backstory
Eight miles from Florida's Capitol, past a gated entrance, a magnolia-lined driveway delivers you to a 6,000-square-foot cypress home that took shape from a hand-drawn sketch made after a family ski trip. The 100-acre property, known as Old St. Augustine Hills, is now on the market for the first tim
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