‘Disney World’ for Boomers: Late Yankee Candle Founder’s Luxury Estate Could Be Turned Into Affordable Housing

MLS via Realtor.com The sprawling estate of the late Yankee Candle Co. founder could soon become affordable housing for older adults after lingering on the market for two years. The spectacular spread in Leverett, MA, first hit the market in 2022—two years after Michael Kittredge II’s death—for a ja

Trump names Scott Turner the new HUD secretary

President-elect Donald Trump announced late Friday that he has chosen Scott Turner, the former executive director of the White House Opportunity and Revitalization Council (WHORC), to serve as the next secretary of the U.S. Department of Housing and Urban Development (HUD) in his administration. Sco

Real estate investors purchased 16% of homes in Q3 2024

As the U.S. housing market slowed down in the third quarter due to rising home prices and higher mortgage rates, investor purchases also ramped down, according to a new report by Redfin. The Seattle-based brokerage found that real estate investor purchases dropped by 2.3% year over year in Q3 2024,

Weekly Housing Market Update: Climbing Home Sales Are a Bright Spot as Mortgage Rates Tick Up

Realtor.com Mortgage rates might be ticking up, but there is a bright spot on the horizon as existing-home sales climb. In October, existing-home sales climbed to 3.96 million and grew on a year-over-year basis for the first time since July 2021. The median price of homes sold climbed and inventory