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...
Closed escrow sales of existing, single-family detached homes in California totaled a seasonally adjusted annualized rate of 254,110 in January, the lowest level in 13 months. According to data from the California Association of Realtors (CAR), last month’s total was...
California Gov. Gavin Newsom announced his support for new legislation designed to ensure that homeowners lenders benefit from the interest earned on insurance payouts, particularly those impacted by the recent Los Angeles County destructive wildfires. California law...
Only 15% of California homebuyers could afford to purchase a median-priced, existing single-family home in the state during the fourth quarter of 2024, according to the latest data from the California Association of Realtors’ Housing Affordability Index. This is down...
Realtor.com is relocating its corporate headquarters from Santa Clara, California, to the Texas capital of Austin. The company was originally located in San Jose when it was founded in 1995 and moved to Santa Clara in 2016. Realtor.com’s leadership made the...
Pulte Says Fannie Mae and Freddie Mac Are Ramping Up MBS Purchases
