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HomeHousingHome Values

Home Values

Home values refer to the estimated market value of a residential property, based on various factors such as location, size, condition, and recent sales of comparable properties in the area.

Home values can be influenced by a range of factors, including economic conditions, interest rates, local real estate trends, and supply and demand in the housing market.

home
Home Values

750-square-foot home priced at $1.2M sparks frenzy, sells in record time

November 18, 2023 Allen Santos Comments Off on 750-square-foot home priced at $1.2M sparks frenzy, sells in record time

In a market where real estate prices seem to defy logic, a 731-square-foot property with a staggering $1.2 million price tag is a hot commodity in Denver. While the price tag might raise eyebrows, insiders […]

Rodney Dangerfield’s
Celebrities

Rodney Dangerfield’s widow slashes luxe LA mansion’s price

November 18, 2023 Allen Santos Comments Off on Rodney Dangerfield’s widow slashes luxe LA mansion’s price

The home, which is set on “a hill of solid rock” that offers a panoramic view of the city, has four bedrooms and six bathrooms and measures 16,673 square feet spread across two stories. It […]

Fitch Ratings
Home Values

Fitch: Title revenue to rise 3% annually in 2024

November 17, 2023 Mariel Alumit Comments Off on Fitch: Title revenue to rise 3% annually in 2024

Despite ongoing uncertainty and a variety of economic headwinds, Fitch Ratings is maintaining a neutral outlook on the title insurance market for 2024, according to a report released Thursday. Fitch said its neutral outlook is […]

Palm Beach
Home Values

Palm Beach palace asks $37.5 million

November 16, 2023 Mariel Alumit Comments Off on Palm Beach palace asks $37.5 million

This classic Palm Beach mansion is on the market for $37.5 million. It was designed by New York-born Marion Sims Wyeth, who is best known for creating lavish Palm Beach mansions for the rich and […]

Brazilian-inspired Miami Beach home
Home Values

Brazilian-inspired Miami Beach home lists for $30.6 million

November 16, 2023 Mariel Alumit Comments Off on Brazilian-inspired Miami Beach home lists for $30.6 million

A tricked-out, Brazilian-inspired Miami Beach home is hitting the market for $30.6 million — more than triple the price the seller paid three years ago. The waterfront home, at 327 E. Rivo Alto Drive on […]

Tribeca penthouse
Home Values

Tribeca penthouse snags $16 million (for the second time)

November 16, 2023 Mariel Alumit Comments Off on Tribeca penthouse snags $16 million (for the second time)

Behold: a Tribeca penthouse duplex with its own infinity rooftop pool overlooking the city skyline. Just don’t try any flips. The seller bought it for $16 million in September 2022 and tried to flip it […]

brownstone
Celebrities

Artist’s Brooklyn brownstone lowers asking price to $5.4 million

November 16, 2023 Mariel Alumit Comments Off on Artist’s Brooklyn brownstone lowers asking price to $5.4 million

Late New Orleans-born painter Kendall Shaw, whocoined the term “Cajun minimalism,” lived with his wife,Frances, in an impressive Park Slope brownstone at 916President St. for more than half a century. It’s now back on the […]

Palm Beach
Home Values

‘Barbie’ dream house in Palm Beach drops price

November 16, 2023 Mariel Alumit Comments Off on ‘Barbie’ dream house in Palm Beach drops price

Following a broker swap, interior designer Tracy Turco’s Barbie-pink house in Manalapan, Fla. (just south of Palm Beach), can be yours for $6.9 million, down from its original $7.2 million ask. Turco and her husband, […]

Connecticut
Celebrities

Stephen Sondheim’s Connecticut Estate Listed at $3.25 Million

November 13, 2023 Allen Santos Comments Off on Stephen Sondheim’s Connecticut Estate Listed at $3.25 Million

The Connecticut estate of the award-winning Broadway composer and lyricist Stephen Sondheim has been listed for sale at $3.25 million. The 9.06-acre property in the town of Roxbury features a 3,698-square-foot residence with a history tracing […]

Palace of Versailles
Home Values

Palace of Versailles-inspired French château in Pennsylvania lists for $12M

November 13, 2023 Allen Santos Comments Off on Palace of Versailles-inspired French château in Pennsylvania lists for $12M

Philadelphia’s prestigious Main Line just got a taste of European opulence with this jaw-dropping listing, asking approximately $12 million. Behold the Palace of Versailles-inspired French château, a masterpiece crafted by the renowned architect F.L. Bissinger. […]

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U.S. Market

Rocket
Housing Wire

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off on Rocket lost money last year, so why are its shares up?

​ Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

delinquency rates
Housing Wire

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off on Industry experts are closely watching delinquency rates, insurance costs

​ Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs
Economy

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off on Jobs data sends mortgage rates higher

​ Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]

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