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‘I’ve never seen anything like this’: 580 Seattle homes have sold for $300K above ask this year

USA Real Estate News-Inman - Wed, 2021-06-23 17:35
A new Redfin report found that homes in some of America's largest metro areas sold for well above asking price in the first half of 2021, bucking an established trend.

Global Spotlight: Waterfront Properties Making a Splash

USA Real Estate News-RISMedia - Wed, 2021-06-23 15:50

Above: Bali, Indonesia

The appeal of waterfront destinations makes beach- and lake-oriented properties among the most popular. But how has demand changed over the past year—and what are buyers seeking? We asked Leading Real Estate Companies of the World® (LeadingRE) members from waterfront locations around the globe to shed some light.

Existing-Home Sales Continue Monthly Slowdown

USA Real Estate News-RISMedia - Wed, 2021-06-23 15:35

For the fourth consecutive month, existing-home sales decreased, according to the latest report from the National Association of REALTORS®.

For all existing homes, transactions decreased 0.9% from April to a seasonally adjusted annual rate of 5.80 million in May. Compared to last year, sales are up 44.6%, however.

Single-family home sales decreased by 1% since last month to a seasonally adjusted annual rate of 5.08 million. Condos and co-ops were unchanged from April but up 100% YoY.

Window to the Law: New Rules Expand Options for Drone Photography

USA Real Estate News-RISMedia - Wed, 2021-06-23 15:29

Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® (NAR) to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s Daily Real Estate Advisor.

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