Marco Ricotta and real estate agent Jodine Russo have been accused by the property's owners of not paying rent on their Hamptons property since April
Opinion
Although no one knows exactly what the future holds for real estate, things seem particularly uncertain for iBuyers. Here's a look at the advantages and disadvantages these companies are facing as they navigate the current housing market
Similar to a 529 Plan, the American Dream Down Payment Act would help homebuyers save 20% for a down payment in a state-managed savings account
Small homes are selling faster but buyers of all income levels want more space
A whopping 64% of prospective homebuyers said they'd spend more than originally planned for the perfect home, according to a survey by LendingTree
The increase sent the Pending Home Sales Index sailing to 122.1, marking the third month in a row of sales growth, according to the National Association of Realtors
Although the total number of properties in foreclosure is down 16% from the previous quarter, zombie foreclosures increased from 3% to 3.7% of all properties, according to Attom Data Solutions
Damage incurred as a result of Hurricane Laura's surge is poised to impact at least 431,810 residences with over $88.6 billion in reconstruction costs across Texas and Louisiana
The freedom to expand search areas is giving buyers a variety of options — even in a tight inventory market, Coldwell Banker CEO Ryan Gorman said on CNBC
US home prices rose by 4.3% year over year in June, according to new data released Tuesday
New single-family home sales climbed 36.3% year over year, according to data released by the US Census Bureau and the Department of Housing and Urban Development
Home prices in the United States were up 5.4% year over year in the second quarter, according to Federal Housing Finance Agency
Opinion
Looking for a little clarity on this week's news? Windermere Chief Economist Matthew Gardner takes a deep dive into the latest data on household debt and credit and what it might mean for post-COVID economic recovery
First American's 'real house price index' surged in certain cities as the median income plummeted while home prices rose
Multifamily vacancies also rose during the second quarter of the year, though the National Association of Home Builders characterized the industry as experiencing a recovery
July also marked the first time ever that the median home price across the entire U.S. rose above $300,000, according to NAR's data
