Wealthy homebuyers in search of ultra-luxury property should focus on the coastal Florida and Southern California markets, according to a new data report from Redfin (NASDAQ: RDFN). The regional dominance of Florida and California in the ultra-luxury sector might be...
The US housing market gained $2.5 trillion in value in 2024 to reach $49.7 trillion, according to a new data report from Redfin (NASDAQ: RDFN). But while the total value of the housing market grew 5.2% year-over-year, this represented the slowest growth in a calendar...
Glasshouse Realty Group, a real estate brokerage with 10 offices throughout Ohio, has launched Glasshouse Luxury, a business line dedicated to servicing high-end residential real estate transactions. According to the company, the launch of Glasshouse Luxury coincides...
Mortgage rates continued to trend down in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.85% as of Feb. 20, down from last week when it averaged 6.87%. A year ago at this time, it averaged...
Roughly 1.4 million residential properties were vacant in the first quarter of this year, according to new data from ATTOM. This represents 1.3% of the homes across the nation – the same as in the fourth quarter of last year and up slightly from one year ago. ATTOM...
A new data study from Zillow (NASDAQ: Z, ZG) found 62% of Black homebuyers purchased their first home in 2024, just slightly below the record 63% level in 2023. In comparison, overall, first-time buyers made up just 44% of the market, down from 50% in 2023. Zillow...
