What's Happening Today In Real Estate

Existing Home Prices Hit Another Record High in May

Key Highlights Median existing home prices jumped another +23.6% y/y in May At $350,300, median existing home prices continued to generate monthly price gains Meanwhile, existing home sales dropped Median Existing Home Prices Continue Climbing Higher & Higher in May

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CDC Extends Eviction Moratorium through July 31

Key Highlights Eviction moratorium just extended through July 31 from June 30 by CDC Officials say this extension to be final deadline extension CDC Approves One-Month Extension on National Eviction Moratorium Announced as the last and final time deadline, the

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Vacations Centered Around Vacation Rentals

Key Highlights Vacationers and travel shows focusing more on making temporary homes away from home Home improvement TV offering shows about where to go and where to stay New Home Improvement Shows Focus on What Makes Vacation Rentals Shine Here

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Vacation Home Market Outpacing Overall Market

Key Highlights Vacation home market top dog in 2020 housing market Vacation home sales jumped +16.4% in 2020 while existing home transactions saw increase of +5.4% Vacation Home Market Top Dog in 2020 Deals and Prices According to a new

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Zillow and NAR Come Out on Top in REX Antitrust Lawsuit

Key Highlights Judge denies REX’s allegations of antitrust conspiracy against Zillow and NAR Zillow had to comply with NAR’s“no commingling” rule regarding MLS’s policy REX Filed Antitrust Lawsuit Against Zillow and NAR in Marc In its founding vision to drastically reduce real estate commissions, REX filed an

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Cleveland’s Investment Climate Worth Considering

Key Highlights Cleveland’s median home prices and rents lower than national average Jobless rate now sits full point below national average Region of Greater Cleveland Ranked as 33rdLargest Metro in Country Cleveland, the largest city on Lake Erie and the

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