This week, hosts Byron Lazine and Nicole White are talking about Zillow's acquisition of VRX Media, the hottest housing markets for 2023 and topics from left, middle and right.
The Tale of This $799K North Carolina Home Begins With a Journey to the Waterfront
A historic waterfront retreat on the East Coast is making a splash.
The five-bedroom charmer in Edenton, NC, is one of the oldest homes in the area, and it just hit the market for $799,000.
“It’s a wonderful example of an 18th-century gambrel roof house,” says listing agent Maryscott Haigler. “Likely built between 1775 and 1800, it was originally a one-and-a-half story, hall-parlor dwelling with a three-bay façade, with a fourth likely added a generation later.”
Relocated and remodeled
But probably the most fascinating bit of this home’s long history is the fact that it wasn’t always located on its current 1-acre lot.
Blockchains founder reluctantly lists Lake Tahoe homes for $48M
The main property includes an expansive mansion off the east coast of Lake Tahoe, a guest house, a detached office and a lakeside area.
Royally Rustic: Colorado Castle and Cabin Duo Available for $525K
If you’re looking for your own personal kingdom away from it all, a cozy vacation retreat and adjoining castle in Red Feather Lakes, CO, is ready for your reign.
But with a modest asking price of just $525,000, it won’t cost you the crown jewels.
Nestled next to Roosevelt National Forest, this eco-friendly, 500-square-foot cabin is known as Owl Studio. Its walls were constructed with renewable building materials: clay, wool insulation, river rock, and pine. Recycled tires were used for the shingle roof.
The cabin was built in 2016, and the adjacent castle followed in 2018.
Manhattanite shares $3,000-per-month apartment with pet possum
Willow Avalon shares the Hell's Kitchen apartment with her possum, Nugget, who doesn't help with her rent. She loves her apartment and said about moving, 'Never, I'd sell a kidney first.'
So Meta: Propy offers certification in virtual world real estate
Propy's course announcement is aligned with two well-known independent brokerages, The Agency and Brown Harris Stevens, announcing Metaverse initiatives.
Zebras and Lemons and Art, Oh My! Tuscan-Style Village Flourishes on 1,225-Acre SoCal Ranch for $23M
A spectacular spread in Lake Elsinore, CA, designed to replicate a luxurious Tuscan villa, has hit the market for a whopping $22,950,000.
And the magnificent 1,225-acre property is almost as breathtaking as the house itself.
There are elaborate fountains, Renaissance sculptures, a chapel, and even a giraffe. Yes, the sale includes an actual giraffe, along with 12 zebras, six African antelope, “a shy Kudu” antelope, and some Andean llamas.
Filled with 23,000 certified organic lemon trees and 1,000 olive trees imported from Italy, the ranch also houses a 51-acre exotic animal preserve, two gun ranges, a greenhouse, a wine gazebo, and a private lake.
Is Flipping Flopping? Investor Profits on Fix-and-Flip Properties Are Lowest in 13 Years
Homebuyers who have spent the past few months feeling stymied by high prices and slim pickings are not alone. Home flippers aren’t faring so well in the current housing market, either.
Flips—defined as homes purchased by investors, rehabbed, and resold within 12 months—declined for the second straight quarter in Q3, according to a report out Thursday from real estate data firm ATTOM. And with home prices surging, flippers are also having trouble making the math work: Their profits are at the lowest levels in 13 years, ATTOM notes.
“The ideal environment for fix-and-flip investors is a market with high demand, low inventory, rapidly rising prices, and affordable financing,” says Rick Sharga, ATTOM’s vice president of market intelligence.
Flippers also benefit when there are lots of foreclosures, short sales, and other cheap properties they can remodel and resell.
Agents, here’s how to crush it in 2023
You read about them. You watch them on social media. They are the stand-out real estate agents who have broken through and built a next-level business. The Agent Connect Stage at Inman Connect will bring together top agents across the industry in a two-hour intensive designed to give you the strategies you will need to thrive in 2023.
Homebuyers have appetite for down payment assistance info, Zillow says
Zillow revealed Thursday that 1 million users have queried its Down Payment Resource database since the real estate search portal partnered with the data provider a year ago as home prices soared.
Exclusive: The ‘Dream Home Makeover’ Stars Reveal the Popular Home Trends To Try—or Retire—in 2023
Ever wonder how professional designers decorate for the holidays—and beyond in the new year—when it’s out with old trends and in with the new? “Dream Home Makeover” stars Shea and Syd McGee were kind enough to share what their own home looks like, and what to expect in 2023.
With more than 250 dream homes completed and counting (the fourth season of their hit HGTV show premiered earlier this month), these Salt Lake City designers have a firm handle on what’s hot—and not—in terms of home decor.
To help provide some inspiration and guidance for furnishing your own abode, the McGees revealed their holiday decor must-haves, weighed in on the staying power of popular design choices—from open floor plans to all-white kitchens—and picked the best trends to try in 2023.
How are you decorating for the holidays this year?
Shea: Greenery everywhere! I love it so much; that, and some pretty ribbon. This year I added dried oranges to our tree and mixed that in with our collected ornaments from over the years. I love wreaths, not just on the door. I love to put them on our range hood or over a window.
A sales uptick in 2023? Zillow’s senior economist thinks it’s likely
During a Connect Now session on Thursday, Zillow Senior Economist Dr. Orphe Divounguy predicted affordability will "stabilize" in 2023, setting the stage for an increase in home sales.
Be agile, embrace change: 2 leaders share the keys to success in 2023
Christie's Real Estate Chris Lim and Ben Fairfield with RE/MAX Western Region Development shared keys to their teams' success in a down market with the Inman Connect Now virtual crowd.
Branden Williams on reality TV: ‘We’re too busy making real deals’
Branden and Rayni Williams, the real estate power couple, told Katie Kossev during a panel at Inman Connect Now on Thursday that they'll "never" consider joining a real estate reality series.
‘Proud to be geeky and nerdy,’ BHS and Metaverse Institute partner
Brown Harris Stevens' agents will gain access to 8 learning modules powered by The Metaverse Institute, a company founded this year by real estate professionals from CORE and Compass.
Douglas Elliman expands Boston presence with new acquisition
The company announced that it had acquired Bulfinch Boston Realty, which would bring a new six-person team under the Douglas Elliman banner.
‘This is the shift everybody has been predicting’: Agents at Connect Now
Matt Lionetti and Jason Cassity said during Inman Connect Now that on Thursday that the market shift has been fast and furious, and agents must start stepping up their games to survive.
Broker Spotlight: Ashley Cusack, Berkshire Hathaway HomeServices EWM Realty
This week the spotlight shines on Miami luxury broker Ashley Cusack of Berkshire Hathaway HomeServices EWM Realty.
Former NFL Star Chris Long Selling $3.35M Mountaintop Cabin in Virginia
Former defensive end Chris Long is ready to tackle a sale of his mountaintop cabin in North Garden, VA.
The two-time Super Bowl champ and popular podcaster has listed his cabin for $3,350,000. It comes with 165 acres.
Featuring vistas that stretch for miles, the mountain retreat has 4,431 square feet of living space, including four bedrooms and 3.5 baths. But it’s the large parcel of unspoiled natural beauty that’s the highlight.
The property provides “some of the greatest views in Central Virginia and beyond,” the listing states.
Homes for Sale in Manhattan and on Staten Island
This week’s properties are in Greenwich Village, the Financial District and St. George.