The median luxury home sale price reached $1.31 million in December, a 4.6% year-over-year increase, according to a new report from Redfin. By comparison, non-luxury prices rose 1.4% over the same period to $375,000, marking the slowest growth in records dating back...
A total of 44.6% of mortgaged residential properties were considered equity-rich in the fourth quarter of 2025, according to a data report from ATTOM. This is down from 46.1% in the third quarter and further down from the recent peak of 49.2% in the second quarter of...
The typical homebuyer who acquired a home for below the list price in 2025 enjoyed a 7.9% discount on the purchase, the largest since 2012. According to data from Redfin, one in four homebuyers who snagged discounts came away with 10% or more off the list price....
President Trump generated a wave of mostly negative response from his comments during yesterday’s Cabinet meeting where he insisted on keeping home prices high and appeared to denigrate many first-time homebuyers as not being deserving of the American Dream. During...
Mortgage rates inched up slightly for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.10% as of Jan. 29, up from last week when it averaged 6.09%. A year ago...