Housing Market
All Reports
March 13, 2025
Most of February’s most expensive home sales were in beachfront Florida, with properties in Southern California and Manhattan rounding out the list. Coastal Florida was home to seven of the 10 highest-priced U.S. home sales of February. Two estates in Southern California and one penthouse in New York City rounded out the list. All sold […]
March 13, 2025
Prospective homebuyers are hitting the pavement as rates drop to their lowest level since mid-December. But that hasn’t yet translated to sales. More house hunters are touring homes as mortgage rates decline. Mortgage-purchase applications rose 7% this week to their highest level since the start of February as weekly average mortgage rates dipped to their […]
March 12, 2025
The typical Los Angeles homeowner stays put for 19.4 years, longer than any other U.S. metro and the longest span on record for the area. Nationwide, median homeowner tenure is down from its pandemic peak, but nearly double what it was in the early aughts. The typical U.S. homeowner stays in their house for 11.8 […]
March 11, 2025
The combined net worth of America’s wealthiest 1% has grown to a record $49.2 trillion, almost the same as the combined value of all the homes in the U.S. Real estate makes up 12.3% of the net worth of the top 1%, compared to 46.4% of the net worth of the bottom 50%. The top […]
March 6, 2025
Mortgage rates dipped to their lowest level in nearly three months this week, which has pushed mortgage-purchase applications up. But pending home sales are still falling. Southern California is bucking the trend, with pending sales increasing. Pending U.S. home sales fell 6.4% from a year earlier during the four weeks ending March 2, the second-biggest […]
