The Real Estate Wire | NEWS

A recent Zillow survey shows a growing preference for private listing networks over traditional MLS, driven by real estate agents. Awareness varies by age, and financial incentives are influencing sellers’ decisions.

January's inflation rose 0.45% monthly, surpassing estimates, prompting expectations of higher mortgage rates as the Fed delays rate cuts. Shelter costs remain high but rental market trends indicate stability.

The U.S. housing market is slowing down, with buyers now paying 1.8% less than the list price. Even in competitive areas, sellers are showing flexibility in negotiations due to unsold inventory and high mortgage rates.

New home sales rose to 698,000 units in December 2024, up 6.7% year-over-year, as builders remained confident and offered attractive financing solutions. Median prices reached $427,000, reflecting ongoing demand.

A stunning 420-acre desert ranch near the famous Glamis Sand Dunes features private runways, racetracks, and luxurious accommodations. This $15M property caters to motorsport lovers and thrill-seekers alike with its extensive amenities.

U.S. housing starts surged in December, reaching 1.5 million, largely driven by single-family homes at 1.05 million, marking a 15.8% increase from November and the highest since 2021.