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Recent Stock Market Volatility Dangerous for Real Estate? Experts Unconvinced

USA Real Estate News-RISMedia - 8 hours 15 min ago

Real estate experts believe recent stock market volatility isn’t concerning as long as it’s temporary, despite a rocky start to the week for trading, as well as global events worrying investors.

According to Ruben Gonzalez, chief economist for Keller Williams, recent declines in the market are mainly due to fears on Wall Street that the Chinese property market could disrupt global financial markets. Those concerns prompted a stock market selloff that dealt a sizable blow to major U.S. stock indexes.

Post-Pandemic Luxury Trends Beginning to Emerge

USA Real Estate News-RISMedia - 8 hours 17 min ago

A new report from Berkshire Hathaway HomeServices is shedding some light on what the post-pandemic luxury real estate market might look like as the travel restrictions and financial upheavals of the pandemic begin to settle and wealthy homebuyers begin assessing their preferences and needs in a changing world.

New-Home Sales Bump Up Monthly but Still Lag Behind Last Year’s Levels

USA Real Estate News-RISMedia - 8 hours 17 min ago

New-home sales increased for the second consecutive month, up 1.5% to a pace of 740,000. Year-over-year, sales are down for the third month in a row.

Market breakdown:

New-Home Sales: 740,000
For-Sale Inventory: 378,000
Months’ Supply:  6.1 months
Median Price: $390,900

What the industry is saying:

MBA: Impact of Climate Change on Housing

USA Real Estate News-RISMedia - 8 hours 19 min ago

The Mortgage Bankers Association’s (MBA) Research Institute for Housing America (RIHA) recently released a report—”The Impact of Climate Change on Housing and Housing Finance“—which shows that climate change will be adding stress to “the complex system of allocating risks across housing and

Take a 3D tour of the real-life ‘Conjuring’ haunted house

USA Real Estate News-Inman - 8 hours 25 min ago
Take a virtual tour of the 285-year-old Rhode Island estate made famous by the 2013 horror flick "The Conjuring."

‘Conjuring’ homeowners asked for ghosts’ permission to do renovations

USA Real Estate News-Inman - 9 hours 28 min ago
The owners of the country's most famous haunted house, a 285-year-old Rhode Island estate made famous by the 2013 horror flick "The Conjuring," is on the market for $1.2 million.
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