Portico has been sold out since April and first deliveries are planned for this fall.

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Sales slid 1% compared to August, the National Association of REALTORS® said. 

The average 30-year fixed mortgage rate climbed to 6.44%. 

Multifamily starts, meanwhile, declined, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development said.    

October’s increase comes as inflation slows and mortgage rates decline. 

At the same time, the median-sales price declined from August, according to the RE/MAX National Housing Report. 

Real estate agents cannot ask clients about a diagnosis … So, how can you best serve neurodivergent clients?

The Katy Hospital was built in Parsons, Kansas, in 1916. Now, two buildings from the historic institution are for sale, as is, for $50,000 each.

Firehouse No. 7 in St. Louis may look like, well, a firehouse. But inside, there’s over 7,000 square feet of luxurious living space.

The amount a homebuyer needs to earn to afford a median priced starter home is down 0.4% from last year, marking the first annual decline since August 2020.

Katie Johnson, who serves as NAR’s chief legal officer and chief member experience officer, is stepping down.

The company’s inaugural project is located in South Fulton County and called South Pine. 

The latest reading of the National Association of REALTORS® Pending Home Sales Index shows a return to month-over-month growth after a decline in July.    

The 716,000 per-year rate of new-home sales topped the consensus estimate of 700,000. 

COMPASS has added North & Co., a longtime independent brokerage within Arizona, to its roster. The move makes COMPASS the largest luxury brokerage in the state, according to a press release from the company.