News
Shaquille O’Neal Sells 5,200-Square-Foot Texas Mansion for $1.7 Million After Listing Just a Month Ago
30-Year Mortgage Rate Dips To Lowest Average Since 2023; Existing-Home Sales Rise
Buyers are Now Required to Negotiate Real Estate Agent Fees, Broker Commissions Upfront
EDITOR'S PICKS
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Gov. Gavin Newsom Expedites Temporary Housing For Residents In Areas Struck By LA Wildfires
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Pasadena Native Lost Her House To LA Wildfires One Day After Paying Off Her Mortgage: 'It's Gone'
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How The Mircale Malibu Mansion And Pacific Palisades Home Survived The Devastating LA Fires
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What Happens To Your Mortgage And Property Tax When You Lose Your Home In A Natural Disaster?
In some of the hottest zip codes in the US, homes spent 32 to 45 fewer days on the market in the first half of 2024. 
New Apartment Construction in the US To Reach Over 500,000 Units by the End of 2024: Report
It will be the first time in US apartment construction history that the number of new rental units will surpass the 500,000-unit threshold. 
Investors Bought One in Six Homes in the US in Q2 2024, Marking Largest Increase in Two Years: Report
Investor purchases totaled $43 billion in the second quarter of 2024, also marking the largest gain recorded since 2022. 
A Record 60,000 Buyers Backed Out of Home Deals in July Amid Election Fears, Soaring Prices
The canceled home-purchase agreements in July accounted for 15.8% of all homes that went under contract in the same period. 
Should You Wait for Mortgage Rates To Fall Before Buying a Home? Here’s What Experts Say
Mortgage rates have fallen to 6.49%, the lowest recorded in over a year. The housing market has been tough for hopeful buyers over the last few years, but with mortgage rates now declining, the market could potentially see a rise in demand. 
One in 10 Homes in NYC Are Now Being Sold To Out-Of-State Buyers: Report
New Jersey buyers made the largest share of out-of-state purchases in New York City in the first six months of 2024. 
Renting Is Now $1,000 Cheaper Than Buying a Starter Home in the US: Report
In some metro areas, buying a home costs $1,944 more than renting. Renters in the United States could now save an extra $1,000 a month compared to those looking to buy their first starter home. 
Housing Market Forecasts 2025: Will Homes Become More Affordable?
The median sale price of a home in the US was $442,451 as of June, a 4% increase from the same month in 2023. 
Harris Proposes Four-Year Plan To Lower US Housing Costs, Improve Housing Affordability and Homeownership
Kamala Harris' economic plan will build on proposals announced under the Biden administration. Vice President and leading Democratic presidential candidate, Kamala Harris, has recently unveiled her four-year plan to lower housing costs and boost homeownership for American households. 
US Homes Now Worth $1 With 8.5% Surge, Doubling Pre-Pandemic Levels
The median price of luxury homes also rose 9% year-over-year in the second quarter of 2024. A record 8. 5% of all homes in the United States are now worth at least $1 million, according to a new report on home prices.
