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Picasso CEO Austin Allison (LinkedIn)

Vacation home sales took a dip this summer

Vacation home sales cooled this summer but pricing was still hot. Overall, second-home rate locks, a proxy and leading indicator for sales, fell 26.6 percent year over year during the summer as buyers eased...

Vacation home sales took a dip this summer
Ribbon co-founders Shaival Shah and Wei Gan (Ribbon, iStock)

Homebuying startup Ribbon to take on Midwest, West Coast markets

The Southeast-focused homebuying startup Ribbon will expand nationally after announcing a $150 million fundraising round this week. The company,...

Homebuying startup Ribbon to take on Midwest, West Coast markets
Single-family homes, co-ops, condominiums and townhouses saw sales rise by 2 percent from June to a seasonally adjusted rate of about 6 million. (iStock)

Existing home sales rise for second-straight month

Yet again, rising home prices had nothing on existing home sales. Sales of existing homes rose for the second...

Existing home sales rise for second-straight month
Rising construction costs threaten the homebuilding boom
Issue

Rising construction costs threaten the homebuilding boom

It should be the golden age for homebuilders. The pandemic propelled a mass migration of city dwellers to the...

Rising construction costs threaten the homebuilding boom
 The median price for an existing home in the Phoenix area reached $399,900 in June (Getty)
Weekend Edition

Home prices continue to soar in Phoenix

As far as U.S. cities go, Phoenix remains one of the cheaper places to buy a home, but it’s gaining on its peers. The median price for an existing home in the Phoenix area...

Home prices continue to soar in Phoenix
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