The brokerage said its technology team, which was most affected in the previous round of cuts, will not be impacted this time. 

Geographically, the largest home-price increases took place in the Southeast, led by Florida (18%), South Carolina (13.9%) and Georgia (13.6%), CoreLogic reported, citing its November Home Price Insights report.    

The move comes despite a slowdown in the single-family rental market. 

Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon.

This home for sale in Walhalla, South Carolina, is straight out of a storybook. Dubbed Walhalla Castle, the regal property is affixed with vaulted ceilings, a tall tower, gargoyle guards and even a real sword-in-stone!

Built in 1921, the OJ Mire General Store served the bustling Louisiana town of Thibodaux. Then, for years, it sat abandoned. Until now.

Whether it’s for a downtown condo high-rise or a suburban single-family or town home community, a sales model needs to do much more than simply reflect popular design trends or showcase name-brand furniture and decor.

Regionally, the pending-sales index fell 7.9% month over month in the Northeast, 6.6% in the Midwest, 2.3% in the South and 0.9% in the West. 

At the same time, the median sales price of a new house slid to $471,200 from $484,700 in October and $430,300 a year earlier, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported. 

The month-over-month decline in sales came as prices rose for the 129th consecutive month, the National Association of REALTORS® said. 

The termination follows a lawsuit filed by the homebuilder’s founding family alleging the executive created a network of Twitter bots to harass the late founder. 

New-home permits fell 11.2% month over month, while housing completions jumped 10.8% in what one observer said could have “worrisome” long-term consequences for the nation’s housing supply. 

“Santa gets a peek into millions of homes each year. Now, millions of Zillow surfers are getting a peek into one of the most famous homes in the world,” Amanda Pendleton, Zillow’s home trends expert.

The 30-year fixed-rate inched to 6.42%, which is still close to the lowest rate in a month, the group said. 

“Real estate technology continues to undergo a significant transformation, and the startups selected for the REACH program will play a critical role in helping to drive that change,” said Bob Goldberg, CEO of NAR and president of SCV.

Homes are lingering on the market longer, up 15% from last year during the four weeks ended Dec. 4, marking the largest uptick in home supply since 2015.