Hit TV Show ‘Yellowstone’ Prompts More Moves to Montana – Agbelo News

It’s the Wild West with land grabs as a flood of wealthy newcomers enters Montana—a familiar storyline to those who watch Paramount Network’s “Yellowstone.” The hit TV show has prompted a growing interest in the state and its spread-out land and ranches.

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Buyers May Be Gaining Leverage – Agbelo News

A turning point may be occurring in the housing market. Fewer people were searching for “homes for sale” on Google during the week ending May 21, down 10% from a year earlier. Home tour activity is falling slightly, mortgage purchase applications are down 14% compared to a year earlier, and, while it’s still uncommon, more home sellers are dropping their asking prices.

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Single-Family Home Building Slowing in Suburbs – Agbelo News

The suburbs have been booming since the pandemic started. But new-home construction in those areas may be more difficult to find. Ongoing supply chain challenges and slowing economic conditions have reduced the pace of single-family residential construction across large metro suburban areas, the National Association of Home Builders reports.

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Over Half of Americans Are Irked by Neighbors – Agbelo News

The extra time spent at home during the pandemic may have been too much togetherness for some neighbors. Fifty-two percent of 1,000 Americans recently polled said they are annoyed by their neighbors multiple times a year; 35% are annoyed by their neighbors at least once a month. The younger generations—millennials and Generation Z—appear to be the most irked by the habits of their neighbors, according to a recent survey of homeowners and renters by insurancy company Lemonade.

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Top Luxury Home Features in Celebrity-Style Mansions – Agbelo News

Celebrity mansions are known for being grand. Outfitted with luxurious amenities and fancy finishes, they come with ultra-high price tags. In the celebrity home market, the average purchase price was more than $11.5 million, and the average interior size was more than 10,000 square feet.

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Longtime Housing Economist Frank Nothaft Dies – Agbelo News

The industry is mourning the death of a longtime mortgage and housing economist who was known both for his straightforward forecasts and analyses and his signature bow-ties. Frank Nothaft, chief economist with CoreLogic and an economist for Freddie Mac for nearly three decades, passed away suddenly on Sunday. He was 66 years old.

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