Here’s How Inflation Is Affecting Home Prices: What Buyers and Sellers Need To Know Right Now. Inflation is a red-hot topic right now, and for good reason: In October, the annual inflation rate rose to an alarming 6.2%. That’s the highest it’s hit since November 1990, over 30 years ago, and a steep uptick from the manageable […]
Two other firms initially named in the suits brought by home sellers – Re/Max and Anywhere Real estate, formerly known as Realogy, which is the parent company of Coldwell Banker, Century 21, Sotheby’s International Realty, and Corcoran—settled out of court for a combined $140 million. As a term of the settlement, they each announced a commitment to make […]
Existing home sales spiked by a record 20.7 percent in June, while rising prices cheer sellers, worry buyers — and frustrate renters whose ability to save for a down payment is crimped by rising rents. New homeowner Lina Andersen purchased the Oakland, California, house she and her husband had been renting when the owner told […]