US Home Prices Recorded a Substantial Rise of 6.3 Percent, FHFA Reports

US Home Prices Recorded a Substantial Rise of 6.3 Percent, FHFA Reports

The Federal Housing Finance Agency (FHFA) recently released its seasonally adjusted monthly House Price Index (HPI®), providing insights into the state of U.S. house prices. The October report reveals notable trends and... Read more »
Home prices increased 6.3% over last year in October: FHFA

Home prices increased 6.3% over last year in October: FHFA

U.S. house prices increased year over year in October, according to the Federal Housing Finance Agency (FHFA) House Price Index. However, the data shows it slowed down compared to the previous month. In fact, home prices... Read more »
Home prices climbed in October at fastest annual rate

Home prices climbed in October at fastest annual rate

Despite lower sales activity, home prices continued their upward trend in October, according to the S&P CoreLogic Case-Shiller Home Price Index. Real estate experts say the performance reflects limited inventory in the country,... Read more »
Why West Coast home prices are surging

Why West Coast home prices are surging

Housing markets out west are on fire. Prices are rising, supply is tight and competition among buyers is fierce. That’s all good news for homeowners. Not so much for buyers. Home prices... Read more »
In tough real estate market, a century-old home idea could come back

In tough real estate market, a century-old home idea could come back

A crane taking four 15-foot-wide by 60-foot-long modular home segments and stacking them one on top of the other to make a new duplex in Aurora, Colorado in 2018. Hyoung Chang |... Read more »
Southern California home prices shoot up 7% in November

Southern California home prices shoot up 7% in November

Housing prices were high and sales volumes low across Southern California as 2023 approached its end. In November, home prices reached all-time highs in four of Southern California’s six counties, according to... Read more »
Hot Home Trend: Stainless Steel Kitchens

Hot Home Trend: Stainless Steel Kitchens

The metallic sheen of stainless steel is evolving beyond appliances—to countertops and cabinets. Google searches for “stainless steel kitchen islands” are up 200% year over year, while searches for “stainless steel kitchen... Read more »
November sees the lowest level of new home sales in a year

November sees the lowest level of new home sales in a year

New home sales fell month-over-month in November to their lowest level since last November. But despite this dip, 2023 is poised to be one of homebuilders’ busiest years. Total new home sales... Read more »
New home sales market welcomes lower mortgage rates

New home sales market welcomes lower mortgage rates

New home sales missed sales estimates, but the builders’ stocks have been roaring higher. What gives? There are two key things to remember before I go into the report’s details. Mortgage rates... Read more »
Kanye West Lists Gutted Beachfront Home in Malibu for M

Kanye West Lists Gutted Beachfront Home in Malibu for $53M

Two years ago, Kanye West bought a beachfront house in Malibu for $57.25 million, then tore out the windows, doors and wiring. Now he has listed the gutted home for $53 million.... Read more »