March 2024

The 5 US cities where rents are falling the most might come as a huge surprise

The 5 US cities where rents are falling the most might come as a huge surprise

Cheap rent alert: Rental prices are continuing to come down, particularly in the South. Across the country, rents fell in 29 of the 50 largest metropolitan areas in February, according to a recent Realtor.com® report . That’s been a boon for tenants, many of whom saw big run-ups in prices over the past few years.Read …

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California Homeowners Face an Insurance Crisis. What Will It Mean for Home Prices in the State?

California Homeowners Face an Insurance Crisis. What Will It Mean for Home Prices in the State?

Californians are facing yet another setback on the housing front after a major insurer said it is pulling out of 72,000 home-insurance policies—and the insurance industry’s steady retreat from the state could have a serious effect on home prices and sales, experts say. Insurance giant State Farm, which stopped accepting applications for homeowners insurance inRead …

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Home Prices Hit New Record High in January, Says Case-Shiller

Home Prices Hit New Record High in January, Says Case-Shiller

Home prices reached a new record high in early 2024. Nationwide, home prices rose 6% in January from a year earlier, according to the latest S&P CoreLogic Case-Shiller Home Price Index released on Tuesday. That was the biggest year-over-year increase since November 2022. “U.S. home prices continued their drive higher,” Brian D. Luke , headRead …

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New-Home Prices Fall to Lowest Level in 3 Years as Builders Appeal To Buyers Amid High Mortgage Rates

New-Home Prices Fall to Lowest Level in 3 Years as Builders Appeal To Buyers Amid High Mortgage Rates

The price of newly built homes plunged last month as homebuilders sought ways to attract buyers who are feeling the pinch of higher mortgage rates. The median sales price of a newly constructed home dropped 7.6% year over year, to $400,500 in February, according to a report on Monday from the U.S. Census Bureau andRead …

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Feeling Lucky? 5 Stunning Mansions You Could Buy If You Win the Powerball or Mega Millions Lottery This Week

Feeling Lucky? 5 Stunning Mansions You Could Buy If You Win the Powerball or Mega Millions Lottery This Week

Are you feeling lucky? Well, are you? If you are, you might want to head to your nearest gas station and buy a ticket for either Mega Millions or Powerball . Both have hit historically high jackpots: Powerball sits at $800 million and Mega Millions at $1.1 billion. The drawings are Monday and Tuesday respectivelyRead …

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Americans Are Flocking South To Outrun Home Prices—This Is Where They’re Moving From

Americans Are Flocking South To Outrun Home Prices—This Is Where They’re Moving From

Part of the American dream is the promise that everyone can choose where they want to live. Whether that means a move across town or a continent-spanning relocation, we’re all free to pack up and head to where our hearts lead us. And it might come as no surprise that recently, Americans have been drawnRead …

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1964 Formica World’s Fair House Replica Hits the Market in Salt Lake City for $1.6M

1964 Formica World’s Fair House Replica Hits the Market in Salt Lake City for $1.6M

A replica of the Formica World’s Fair House in New York City just hit the market in Salt Lake City for $1,599,900. The midcentury modern home last sold in 2002. Built in 1964, the five-bedroom residence is nestled in the Northcrest neighborhood known as Pill Hill. When the World’s Fair Formica House prototype was constructedRead …

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