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Americans sold 4.06 million previously-owned homes in the year, the lowest since 1995, the National Association of Realtors said Friday. 2024 marked the third consecutive year in which sales were ...
Prospective homebuyers that exited the market in 2023 due to high home prices and mortgage rates may fare better in 2024. A new Realtor.com report predicts that the average mortgage rate in 2024 ...
That led existing home sales to fall 0.7% last year to 4.06 million — the weakest showing for home sales since 1995 and edging out the terrible year for sales in 2023, the National Association ...
The housing market, which has been grappling with affordability challenges not seen since the early 1980s, may begin to ease later this year – but not enough to make a real impact for most ...
In 2017, the median price of a home in California was more than 2.5 times the median in the U.S. as a whole, and in California's coastal urban areas, the shortage was greater than the inland areas, as demonstrated by the median prices of homes in those respective markets: $1.3M in San Francisco, $1M in San Jose, and $600k in Los Angeles, while ...
The California Association of Realtors reported August 2024 sales among the lowest on record for the month, despite the expanded options for buyers. The shift is evident in Florida, where some ...
By the end of 2024, a total of 8,024 wildfires burned a cumulative 1,050,012 acres (424,925 ha) throughout the U.S. state of California.The total number of wildfires was slightly higher than the five-year average, while the total number of acres burned was lower. [3]
This year has been an interesting one for real estate. After a boom in buying during the COVID-19 pandemic, things slowed down as home prices remained high amid soaring mortgage rates. I'm a Real...