Home sales in the Pacific Palisades and Altadena communities impacted by January’s wildfires recorded double digits declines in February, according to a new report from Redfin (NASDAQ: RDFN). In Pacific Palisades (ZIP Code 90272), only 12 homes sold in February, down...
A new data analysis by Zillow Group (NASDAQ: Z, ZG) has determined that home sellers who opted not to place their properties on a Multiple Listing Service (MLS) lost out on more than $1 billion collectively over the past two years. Zillow’s analysis concluded that...
The homeownership rates of Gen Z and millennials plateaued in 2024, according to a new data report from Redfin (NASDAQ: RDFN). A little more than one-quarter (26.1%) of Gen Zers were homeowners in 2024, essentially unchanged from 2023 (26.3%) and 2022 (26.2%). Before...
A new law signed on Friday by Alabama’s governor will no longer require buyer agreements before agents tour properties with a client. “Great news! Governor Kay Ivey has officially signed HB 230 into law!” announced the Alabama Association of Realtors (AAR) in a social...
A new focus on affordable housing development, a delay in a key confirmation, and an unhappy Chinese leader. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 17-21. Hit: A New Approach to Affordable Housing. This week,...
A total of 404 single-family homes were sold in Rhode Island during February, down 8.8% from the 443 transactions recorded one year earlier. According to data from the Rhode Island Association of Realtors, pending home sales declined from 762 in February 2024 to 685...
