The typical U.S. luxury home sold for a record $1.17 million during the fourth quarter of 2023, according to new data from Redfin (NASDAQ:RDFN), an 8.8% year-over-year increase. In comparison, prices of non-luxury homes increased at half the pace, rising 4.6%...
The National Association of Realtors (NAR) has launched its sixth iteration of the “That’s Who We R” national advertising campaign, featuring a new season of its “First-Time Buyer” series. The campaign highlights various challenges that emerge when...
Mortgage applications activity took a downturn in the latest data report from the Mortgage Bankers Association (MBA) for the week ending Jan. 26. The Market Composite Index was down by 7.2% on a seasonally adjusted basis from one week earlier, although the unadjusted...
The Bay Area recorded a net outflow of 26,000 homebuyers in the fourth quarter of 2023, down 13% from one year earlier, according to a new data report from Redfin (NASDAQ:RDFN). An analysis of home search activity on Redfin.com determined the flow of homebuyers...
Ahead of the Super Bowl, Zillow Group (NASDAQ:Z, ZG) asked Americans which football player they would most like to have as a next-door neighbor. The answer was Travis Kelce, the Kansas City Chiefs tight end, who snagged 12% of the survey’s votes, just topping his...
Home prices were up in November, according to the latest S&P CoreLogic Case-Shiller Index data report, although there was growing evidence of a price deceleration in several major markets. The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index,...
