News

Redfin Offers Tax Tips for Home Sellers

Redfin writer Scott Kelly shared a new blog post on Tuesday, providing home sellers with a set of four tips to keep in mind, now that tax season is upon us. In the post, Kelly urges sellers to make sure

New York City Sets Record with Sale of $100M Condo

According to CNN Money, an unidentified buyer set a New York City record on Dec. 23 by purchasing a two-level penthouse in Midtown Manhattan for more than $100 million. The $100,471,452.77 price tag is the highest ever paid for a

Small Houses, Big Prices in Palo Alto, Calif.

According to CNBC, Palo Alto, California, is considered one of the most highly sought-after communities in the San Francisco Bay area. That, of course, means there’s a huge demand for homes and a fairly low inventory, leading to small houses

Americans Feeling Like They’re Falling Behind on Cost of Living

A new Pew Research Center study revealed this week that approximately 55 percent of Americans feel as though their income levels are falling behind the cost of living. As CNN money points out, the median income – $51,939 – is

Report: Housing is 75% Back to Normal

According to a new report from Trulia, the housing market in the United States continues to improve and is about 75 percent back to where it was when it began to crash in 2006. As CNBC points out, sales and

National Association of Realtors Reveals Most and Least Popular Closing Dates in 2014

In a new blog post published by the National Association of Realtors, director of housing statistics Danielle Hale and data analyst Hua Zhong outlined the year’s most and least popular closing dates in 2014. First, the two experts revealed that

Ocwen Financial Stands to Lose Mortgage License in California

The LA Times reported on Tuesday that Ocwen Financial Corp. – one of the biggest mortgage servicers in the U.S. – could soon be losing its mortgage license in California. According to the report, the state of California is seeking

D.C. Area Housing Market Looking Up

According to the Washington Post, home sales in the Washington, D.C., area picked up for the first time in year last month, suggesting that homebuyers may finally be starting to feel more confident in the status of the housing market.

Fannie Mae Survey Reveals Housing Attitudes Remain Cautious

A new survey conducted by Fannie Mae has revealed that Americans continue to look at the housing market with a cautious outlook. The news comes despite the fact that consumers continue to become increasingly more comfortable with the state of

Tax Tips for First-Time Homebuyers

With tax season upon us, Redfin has just released a series of tips to help out first-time homebuyers when filing their tax returns for 2014. According to the real estate news site, the main thing to keep in mind is

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