real estate

Wealthy people have been driving an increasing share of consumer spending over the last year. That’s largely because asset values have been increasing, encouraging wealthy people to keep spending money.

Businesses across the country are experimenting with artificial intelligence and how it can help them grow. This Idaho home builder is using it to “to things a differently” when it comes to real estate.

Listings now sometimes contain AI-generated photos and videos — featuring things like a hallucinated staircase or missing kitchen cabinets.

After selling a home that she loved to move with her husband, Meg Tipton says she missed that house everyday. That is, until a familiar address showed up on Zillow.

The rate current homeowners pay has never been this low when compared to the rate for new mortgages.

August saw a 1.4% drop in active listings, while new listings dropped 1.1%, according to new data from Redfin.

“When you get a fixed-rate mortgage, it's like buying insurance against inflation, and you're paying for that insurance over the whole life of the mortgage,” one expert told us. 

Topher Soltys and his husband bought a place in New York City earlier this year, and saw their monthly housing costs double.

Here’s how the FARE Act, New York City’s new broker fee law, is working out so far.

The average age for a first-time homeowner is 38, but not all buyers enter the market at the same time.