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Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades

Report: Post-Wildfires Home Sales Down Significantly in Altadena and Pacific Palisades

by Phil Hall | Mar 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024

Report: Gen Z and Millennial Homeownership Rates Plateaued in 2024

by Phil Hall | Mar 24, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Q4 Renter Population Up by Less Than 1%

Q4 Renter Population Up by Less Than 1%

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The US was home to 45.4 million renter households during the fourth quarter of 2024, a 0.8% uptick from one year ago. According to a data report from Redfin (NASDAQ: RDFN), this is the slowest growth since the first quarter of 2023. Also during the fourth quarter, the...
Hits and Misses for the Real Estate Week of March 10-14

Hits and Misses for the Real Estate Week of March 10-14

by Phil Hall | Mar 14, 2025 | Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

HUD’s new priorities, Gavin Newsom’s financial benefactors and a pair of high-profile acquisition stories – one genuine, one not. From the wild and wooly world of real estate, here are our Hits and Misses for the week of March 10-14. Hit: DEI is DOA. Kudos to Housing...
The Most Expensive Home Sale in February Is…

The Most Expensive Home Sale in February Is…

by Phil Hall | Mar 13, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The sun was definitely shining on the Sunshine State’s luxury real estate market last month as coastal Florida boasted seven of February’s 10 highest-priced home sales, according to a new report from Redfin (NASDAQ: RDFN), which noted two estates in Southern...
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