December 2024

Weekly Housing Market Update: Scales Tip in Favor of Sellers as Existing-Home Sales Rise

Weekly Housing Market Update: Scales Tip in Favor of Sellers as Existing-Home Sales Rise

More homebuyers are finally coming off the sidelines, tipping the housing market in favor of sellers. This week, [existing-home sales ticked up](https://www.realtor.com/news/real-estate-news/existing-home-sales-november-nar/) to a six-month-high pace of 4.15 million, increasing about 4.8% from October. The November sales figure, which excludes new construction, represented a 6.1% jump from one year ago. It’s the largest year-over-year gainRead …

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Mortgage Calculator: This Is How Much You Need To Buy a $416,880 Home With a 6.72% Rate

Mortgage Calculator: This Is How Much You Need To Buy a $416,880 Home With a 6.72% Rate

Mortgage rates for a 30-year fixed loan rose to [6.72%](https://www.realtor.com/news/real-estate-news/mortgage-rates-december-14/) this week, up from [6.6%](https://www.realtor.com/news/real-estate-news/mortgage-rates-december-12/) last week. The median listing price fell by 1.2% compared with last year. (Median home prices hit [$416,880](https://www.realtor.com/news/trends/housing-market-november/) in November.) What impact do these changes have on your monthly mortgage payment? Here’s the monthly cost of purchasing a typical homeRead …

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$8 Million Home of Boston Celtics Star Jaylen Brown’s Mother Is Broken Into Amid Spate of Robberies at Athletes’ Mansions

$8 Million Home of Boston Celtics Star Jaylen Brown’s Mother Is Broken Into Amid Spate of Robberies at Athletes’ Mansions

Boston Celtics star Jaylen Brown has become the latest athlete to be targeted in a string of robberies that have taken place at the homes of high-profile sports stars , according to multiple reports. According to the Boston Globe , Brown, 28, skipped team practice on Dec. 17 after his mother’s $7.8 million home inRead …

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Weekly Housing Trends View—Data for Week Ending Dec. 14, 2024

Weekly Housing Trends View—Data for Week Ending Dec. 14, 2024

Our research team releases [monthly housing trends reports](https://www.realtor.com/research/november-2024-data/). These regular reports break down inventory metrics like the number of active listings and the pace of the market. In addition, we continue to give readers more timely weekly updates, an effort that began in response to the rapid changes in the economy and housing. Generally, youRead …

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‘Home Alone’ Star Daniel Stern Shares Glimpse Into His Life on Remote Cattle Ranch After Quitting Bright Lights of Hollywood

‘Home Alone’ Star Daniel Stern Shares Glimpse Into His Life on Remote Cattle Ranch After Quitting Bright Lights of Hollywood

“Home Alone” star Daniel Stern is best known for his role as bungling burglar Marv, having shot to fame while starring alongside Macaulay Culkin and Joe Pesci in the 1990 holiday hit. But though Stern’s face is broadcast in the homes of millions every holiday season, in real life, he favors a much quieter lifeRead …

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Bright Blue Texas Megmansion With Pool-Inspired Decor Is Listed for $3.9 Million

Bright Blue Texas Megmansion With Pool-Inspired Decor Is Listed for $3.9 Million

Billings, MT (Realtor.com) 9. 450 Simpson Rd, Reidsville, NC Price: $600,000 Why it’s here: This treehouse-style home boasts three levels of decks to soak in the serene views of the 13.9-acre wooded lot. Built in 1900, the four-bedroom residence has been entirely modernized. It now has wormy maple flooring with stylish marble and wood medallionRead …

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Mortgage Rates Jump Higher as Markets Prepared for FOMC Outcome

Mortgage Rates Jump Higher as Markets Prepared for FOMC Outcome

Freddie Mac Mortgage Rates—Dec. 19, 2024 What happened to mortgage rates this week The Freddie Mac rate for a 30-year mortgage moved 12 basis points higher this week, to 6.72%, as markets prepared for [Wednesday’s Fed meeting](https://www.realtor.com/research/federal-reserve-december-2024-meeting/). The Federal Reserve’s Open Market Committee cut the Federal Funds rate 25 basis points, falling in line withRead …

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Stunning $4.4 Million Midcentury Modern Home in Calabasas Comes Complete With Airstream and Quirky Converted Shipping Container

Stunning $4.4 Million Midcentury Modern Home in Calabasas Comes Complete With Airstream and Quirky Converted Shipping Container

Stunning $4.4 Million Midcentury Modern Home in Calabasas Comes Complete With Airstream and Quirky Converted Shipping Container By Kristine Hansen Dec 19, 2024 Envelope Facebook Twitter Linkedin Pinterest Share An immaculately decorated midcentury modern home with a wealth of quirky amenities has hit the market in Calabasas, CA , for just a hair under $4.4Read …

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Fox News Host Bret Baier Is Selling $29 Million DC Mansion to Donald Trump’s Commerce Secretary Pick Howard Lutnick

Fox News Host Bret Baier Is Selling $29 Million DC Mansion to Donald Trump’s Commerce Secretary Pick Howard Lutnick

[Fox News host Bret Baier](https://www.realtor.com/news/celebrity-real-estate/fox-news-host-bret-baier-secures-a-sale-for-his-palm-beach-florida-home-with-a-final-price-of-13-5m/)‘s sprawling $29 million [Washington, DC](https://www.realtor.com/realestateandhomes-search/Washington_DC), mansion is reportedly set to become the new home of [President-elect Donald Trump](https://www.realtor.com/news/trends/donald-trump-president-housing-market/)‘s commerce secretary pick, Howard Lutnick, CEO of Cantor Fitzgerald. The extravagant, five-bedroom, 7.5-bathroom, French chateau-style estate was [first listed by Baier](https://www.realtor.com/news/celebrity-real-estate/bret-baier-is-selling-in-washington-dc-for-a-potential-record-setting-sum/), 54, and his wife, Amy, back in October 2023 with theRead …

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Couple’s Dream of Building Family Home on $17,500 Florida Land Is Destroyed Because of a Utility Pole

Couple’s Dream of Building Family Home on $17,500 Florida Land Is Destroyed Because of a Utility Pole

A couple who purchased a $17,500 plot of land in [Florida](https://www.realtor.com/realestateandhomes-search/Florida) where they planned to build their perfect home have revealed how that dream swiftly turned into a nightmare as a result of a seemingly innocent utility pole—and a little-known regulation that [prohibits any structure from being erected](https://www.realtor.com/guides/guide-to-building-your-own-home/how-to-buy-land-to-build-a-house/) near it. Donna and Rion Hartl hadRead …

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