Real Estate News

Montana

Study Shows ‘Yellowstone’ Show Has Had Giant Impact On Montana Economy, Real Estate

A study found that Paramount's popular "Yellowstone" show has greatly helped both the economy and real estate industry in Montana, as ranch properties are seeing their values soar. Meanwhile, the overall population growth has shot up thanks to the state's amazing scenery and isolation.
Housing Market

With Rising Mortgage Rates, Housing Market Sees A Cooldown

With raised interest rates, a once-flaming housing market is starting to slow down, and fast. According to RE/Max, home sales for the month decreased less than 1% over March while dropping 12.8% year-over-year, while inventory saw a month-over-month increase of 11.5%.
Versace

Gianni Versace’s New York Mansion Now On Sale For $70 Million

Gianni Versace’s former Manhattan townhouse has officially hit the market at the luxury price of $70 million. Versace originally bought the mansion back in 1995 and fully refurbished the interior.

According To Report, Real Estate Closing Costs See Rise In 2021

According to a April 21 report by CoreLogic's ClosingCorp, real estate closing costs rose by 13.4% in 2021, which moved the average extra fees for a single-family home to around $6,905 when including transfer taxes. The average U.S. home price also increased by more than $50,000 last year.
Mortgage

US Housing Market Is Slowing Down, Inventory Is High And Prices Are Lowering

The US housing market has been on quite the roller coaster ride since the beginning of the Covid-19 pandemic. Now, experts are saying that the housing market may not be crashing, but it’s definitely slowing down in terms of sales, mortgage rates, and inventory.