Pending Home Sales Plunge 5.4% in June as Prices Surge to Record High
Pending home sales retreated in June on both a monthly and annual basis, driven down by mortgage rates climbing to a 10-month high and home prices setting a new record. Contract signings plunged 5.4% compared to May and ticked down 0.3% from a year ago, according to the National Association of Realt
Short Sales Are Rising as Underwater Homeowners Try To Dodge Foreclosure
Although short sales remain relatively rare, they have been gradually creeping up as underwater homeowners seek ways to avoid foreclosure, with a handful of midpriced markets seeing the highest concentration of these deals. A short sale is a real estate transaction in which a financially distressed
Racing Royalty Doreen and Romain Thievin Open Up Supercharged Las Vegas Mansion Where They Have $130K Formula 1 Car Mounted on the Wall
Former race-car drivers Romain and Doreen Thievin have such passion for motorsports, it drove them to mount a floating 800-pound Formula 1 race car on the wall of the living room of their Las Vegas–area home. The striking statement piece, which is 15 feet long and 6 feet wide, is a full-sized replic
Foreclosures Jump 21% in First Half of the Year, and Florida Leads the Nation
Foreclosures continued to climb in the first half of the year, approaching levels that haven't been seen since 2019, and Florida is leading the nation. In the first six months of 2026, there were more than 227,000 U.S. properties with foreclosure filings, up 21% from the same period last year, accor
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