Why Housing Prices Are So High in Today’s Market?

Why Housing Prices Are So High in Today’s Market?

If you are looking for a home in the US, you may have noticed that the prices are skyrocketing. The nationwide median sale price of existing-home (for all housing types ) is... Read more »
Cash purchases of luxury homes hit all-time high: Redfin

Cash purchases of luxury homes hit all-time high: Redfin

Real estate February 1, 2024 All-cash purchases also reached an all-time high in usage. Image credit: Redfin   By Luxury Daily News Service The cost of a luxury home in the United... Read more »
Consumer Confidence Hits Two-Year High — RISMedia

Consumer Confidence Hits Two-Year High — RISMedia

Consumer confidence increased 6.8 points to 114.8 in January, the third consecutive month of increases and the highest reading seen since December 2021, according to the latest data from The Conference Board. ... Read more »
Decline in US Home-Price Growth Amidst High Interest Rates

Decline in US Home-Price Growth Amidst High Interest Rates

The latest data for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices, reveal a deceleration in the upward trend for November 2023. Out of the 20 major metro markets,... Read more »
Job Growth in SoCal Real Estate Jumps to Seven-Year High

Job Growth in SoCal Real Estate Jumps to Seven-Year High

Real estate jobs have rebounded across Southern California with the hottest hiring spree in seven years, despite sluggish home sales in the wake of higher interest rates. Property-related work across Los Angeles,... Read more »
High costs and emotions are driving aging-in-place preferences

High costs and emotions are driving aging-in-place preferences

Data from research organizations and aging advocacy groups is clear: More older Americans want to age in place in their own homes, as opposed to living in dedicated care facilities. To get... Read more »
Wire and title fraud risk reach an all-time high in Q4: report

Wire and title fraud risk reach an all-time high in Q4: report

Wire and title fraud risk reached an all all-time high in Q4 2023 with 51.8% of transactions having issues that led to a risk of wire and title fraud, according to FundingShield‘s... Read more »
High housing costs have kept 31% of Gen Z adults living at home

High housing costs have kept 31% of Gen Z adults living at home

These days, housing affordability is a struggle for nearly everyone. But for young adults just starting out, soaring home prices and sky-high rents have become one of the greatest obstacles to making it... Read more »
How are high interest rates affecting your real estate plans?

How are high interest rates affecting your real estate plans?

Earlier this year, mortgage interest rates came off their 2022 highs and settled in the 6% range, providing a small break for those in the housing market. That respite is now over.... Read more »
Why home prices haven’t crashed even with high mortgage rates

Why home prices haven’t crashed even with high mortgage rates

Weekly housing inventory data We will start with the price cut data percentage because it deserves a detailed explanation. 2022 was a historic year for housing as we had the most significant... Read more »