US home prices rose modestly in January, led by NYC and Chicago

The FHFA Housing Price Index posted a 4.8 percent annual growth rate while the S&P CoreLogic Case-Shiller Indices showed a slightly lower increase of 4.1 percent, according to new data released Tuesday. Continue reading

The top 1% could buy nearly all homes in the US with their wealth

The value of America’s nearly 100 million homes hit $49.7 trillion at the end of 2024, as the combined net worth of the wealthiest 1 percent of Americans hit a record $49.2 trillion, according to a Redfin analysis. Continue reading

Home values have surged at 2X the normal rate since pandemic

Since 2020, U.S. home values have risen by 45.3 percent. In other words, more than 10 years of typical home value growth has been packed into a five-year period, a new report from Zillow shows. Continue reading

Palisades land listings soar — with 750 more projected to hit market

Vacant lot listings that have hit the market in the past few weeks are often receiving dozens of inquiries. As of Monday, about two dozen lots had been listed, an analysis of Zillow listings indicates. Continue reading

Palisades land listings soar — with 750 more projected to hit market

Vacant lot listings that have hit the market in the past few weeks are often receiving dozens of inquiries. As of Monday, about two dozen lots had been listed, an analysis of Zillow listings indicates. Continue reading

‘Now is the time to buy,’ rising share of consumers declare: Intel survey

Early signs suggest consumers may be feeling more hopeful about prices and mortgage rates, and increasingly see 2025 as a good time to buy, new Inman-Dig Insights consumer polling shows. Continue reading

Median price up in 49% of Opportunity Zones: ATTOM

ATTOM released its 2024 report on sales activity in Opportunity Zones around the country, finding it tracks closely to typical markets. Continue reading

For these ‘stranded’ homeowners, no rate cut will coax them to list

Cheap rates on existing loans are holding well-off homeowners in place. But others insist they’re unable to buy at today’s high prices — whether rates come down or not, Intel survey data suggests. Continue reading

The big players sneakily winning the sluggish 2024 housing market

This year has been tough on real estate. But investors think several major companies have done enough to boost their standing — and box out key competitors. Continue reading

Why real estate is struggling to keep up with a rising US economy

The nation’s real gross domestic product grew at an annual rate of 2.8 percent in the third quarter of the year. But with falling sales and tapering price growth, agents could be forgiven for feeling left out. Continue reading