February 2024

The Punxsutawney Effect: Why a Home Price Surge in Phil’s Hometown Offers Hope for the U.S. Housing Market

The Punxsutawney Effect: Why a Home Price Surge in Phil’s Hometown Offers Hope for the U.S. Housing Market

The nation’s most famous groundhog, Punxsutawney Phil, made headlines on Friday when he didn’t see his shadow, indicating spring is just around the bend. But what might be even more remarkable is the real estate market in Phil’s hometown of [Punxsutawney, PA](https://www.realtor.com/realestateandhomes-search/Punxsutawney_PA), about 90 minutes northeast of [Pittsburgh](https://realtor.com/realestateandhomes-search/Pittsburgh_PA). Home prices in the small rural townRead …

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49ers Star Christian McCaffrey Hopes To Hand Off His Perk-Packed North Carolina Chateau for $12.5M

49ers Star Christian McCaffrey Hopes To Hand Off His Perk-Packed North Carolina Chateau for $12.5M

San Francisco 49ers running back Christian McCaffrey‘s is hoping the many luxurious amenities at his North Carolina estate will attract a buyer. With a panic room, theater room, an elevator, a wine cellar, and lakefront access, the grand mansion in [Mooresville, NC](https://www.realtor.com/realestateandhomes-search/Mooresville_NC), is listed for $12.5 million. In the middle of his fourth season withRead …

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Finally, America’s Home Inventory Is Rising: Here’s Where It’s Grown the Most

Finally, America’s Home Inventory Is Rising: Here’s Where It’s Grown the Most

Anyone who shopped for a house last year grappled not only with high [mortgage rates](https://www.realtor.com/mortgage/rates/), but also another equally vexing problem: very few homes for sale. These two problems were connected, of course. High rates created a [“lock-in” effect](https://www.realtor.com/news/trends/a-look-back-at-2023-the-year-the-housing-market-froze-over/) discouraging homeowners from putting their homes on the market and having to give up their currentRead …

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