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For comedian and actress Carol Burnett, it’s time to say “so long” to some real estate.

The star of “The Carol Burnett Show” has listed her luxury condo in L.A.‘s prestigious Wilshire Corridor for $4.2 million.

The Wilshire Corridor, located between Brentwood and Beverly Hills and close to UCLA, top-rated medical facilities, and houses of worship, is one of L.A.’s chicest high-rise communities.

It’s favored by those who prefer a luxe life with low maintenance and high security.

The share of first-time buyers fell to 26 percent, plummeting to the lowest level in four decades, when a real estate trade association began tracking such data.

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Buying a home over the past year has been a bit like competing in “The Hunger Games.” First-time buyers faced off against investors and fellow purchasers wielding all-cash offers well over the asking price for a dwindling number of properties to choose from.

As home prices soared to previously unimaginable heights, fewer have been able to gain a toehold into homeownership, according to the National Association of Realtors® 2022 Profile of Home Buyers and Sellers. In fact, only about a quarter of all home sales (26%) were attributed to first-time buyers—the lowest percentage in the report’s 41-year history. It’s a big drop from the previous year, when this group represented about a third (34%) of all purchasers.

The report is based on an NAR survey of 4,854 buyers who purchased primary homes between July 2021 and June 2022. Investment and vacation home purchases were excluded from this report. Income data is from 2021.

“The drop in first-time buyers is now at a record low,” says Jessica Lautz, vice president of research at NAR. “It’s not necessarily a surprise because we know first-time homebuyers are facing not only an affordability crisis—but a lack of homes for sale as well as outside pressures like the rise in the cost of rents, which makes it difficult to save for a down payment.”

This week’s properties are on the Lower East Side, in Morningside Heights and in Prospect Heights.

This week’s properties are a six-bedroom in Moorestown, N.J., and a four-bedroom in Southport, Conn.

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Weary homebuyers panicked by rising mortgage interest rates might be relieved to hear that this cruel twist comes with one big upside: lower home prices.

In October, median home list prices continued to drop from June’s record high of $449,000 to $425,000, according to a recent report from Realtor.com®.

While list prices are still up by 13.3% compared with a year ago, nearly one-fifth of those sellers slashed their prices in October, more than double the number who made price cuts last year.

These price reductions suggest that home sellers’ once lofty expectations of sky-high offers are at long last coming back down to earth. It might also mean that home sellers entering the market might list lower from the get-go. All of this should give fall and winter home shoppers a glimmer of hope that more affordable properties may be in the cards as we glide toward the holidays.

This week the spotlight shines on New England broker Brandon Tabassi of RE/MAX Partners Relocation in Andover, Massachusetts.

Nichol Naranjo says she was destined to own the house that was a refuge, “a place to come and catch our breath. And to dream.”

The reductions are small, but significant in that median rents for one-bedroom and two-bedroom units declined in tandem for the first time since 2020.

With a decade’s worth of savings in her pocket, a longtime renter looked below 23rd Street for something she could make her own, and rent out down the line. Here’s what she found.

These marketing strategies with an autumn feel help you connect with your leads and clients while deepening your relationship. The Agency's Rainy Hake Austin offers proven strategies perfect for this time of year.

There are no shortcuts, no easy routes to victory, team leader Carl Medford writes. The pathway to success takes hours of mastering mundane activities to earn income, but it can lead to an exciting lifestyle that’s anything but boring.

To flourish as the market changes, real estate agents need to be able to provide comprehensive and meaningful service to buyers. Author and trainer Bernice Ross offers strategies to help eager homebuyers get the most for their buying power.

As prices began to fall, home equity held strong. Even the most distressed properties held positive equity in the third quarter of 2022, according to a new report from Attom.

Federal Reserve Chairman Jerome Powell says the pace of rate hikes could slow but may ultimately need to go higher than the forecast in September.

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Reality TV star Kylie Jenner and rapper Travis Scott have made a decision on a joint real estate investment.

The on-again-off-again couple have put the Beverly Hills, CA, mansion they bought together on the market for $21.9 million, according to Dirt.

It’s unclear whether the couple actually cohabited there. But they split the cost when they purchased the property for $13.4 million in 2018.

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Photo courtesy of MMW Architects via Houzz

Hygge may be so 2017, but it’s the vibe you want when the temperatures start to dip. Even hygge haters have to admit there’s nothing better than a warm and cozy look at home to fight the bitter wind outside.

But not every person loves this curated Danish look—and it’s a ton of work to create a new design when the seasons change. Instead, we’re here to suggest small ways to infuse your rooms with the best parts of hygge, the little details that really matter when you’re feeling a bit chilled.

To guide you to your best and coziest life this fall and winter, check out these genius ways to add warmth and softness just where you need it most.

Layer your blankets

The iBuyer brought in higher-than-expected revenues but racked up a much higher net loss than the previous year, according to a Q3 earnings call on Wednesday.

Bryan Tunney will serve as executive vice president and managing director of sales in Greenwich and help support and manage the office's roughly 30 agents.

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A recently renovated antique owned by the same family for 11 generations in Farmington, CT, is the oldest property to hit the market this week on Realtor.com®.

Originally built in 1660, the 3,635-square-foot home was remodeled down to the studs. Three original fireplaces remain, but the interior now boasts a new look.

Other historic homes on the market this week include a Colonial-era house in Rhode Island, a Quaker stone home in Virginia, and the former Pennsylvania home of U.S. President James Buchanan.

Scroll down for a full look at this week’s 10 oldest homes.