January 2025

January 24, 2025 Economic and Housing Market Update

January 24, 2025 Economic and Housing Market Update

January 24, 2025 – The Realtor.com® economics teamvideoupdategives you the relevant economic and real estate information you need to know each week every Friday to navigate the housing market as a homebuyer, home seller, or industry professional. – For the week ending January 24, Realtor.com®Chief Economist Danielle Halerecaps what theDecember jobs reportandmixed inflation readingsmean forRead …

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Big Family, Small Budget? Stunning and Sizable Homes That Boast at Least 4 Bedrooms and Are Listed Below $400K

Big Family, Small Budget? Stunning and Sizable Homes That Boast at Least 4 Bedrooms and Are Listed Below $400K

If you and your family are in the market for a larger home but have a limited budget, have no fear—because there is a wealth of sizable yet affordable properties available to suit your big brood, if you know where to look. Buying a house for a large or growing family isn’t always easy, particularlyRead …

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Los Angeles Fires Put Up to $40 Billion of Residential Real Estate at Risk

Los Angeles Fires Put Up to $40 Billion of Residential Real Estate at Risk

The recent wildfires in Los Angeles County put more than $40 billion of real estate value at risk, according to a new report from the Realtor.com® economic research team. Since the Eaton and Palisades wildfires started on Jan. 7, their boundaries have expanded to encompass more than 15,800 residential properties, with a total value ofRead …

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Impeccably Preserved $4.3 Million John Galbraith-Designed Home Finds a Buyer in Pasadena-Just Days After California Wildfires Tore Through Community

Impeccably Preserved $4.3 Million John Galbraith-Designed Home Finds a Buyer in Pasadena-Just Days After California Wildfires Tore Through Community

A historic midcentury modern abode in Pasadena that was designed—and then renovated—by renowned architect John Galbraith has found a buyer, just days after the tony community in which it is located was ravaged by the California wildfires. Described in its listing as an “architectural masterpiece,” the home was originally designed and built by Galbraith inRead …

Impeccably Preserved $4.3 Million John Galbraith-Designed Home Finds a Buyer in Pasadena-Just Days After California Wildfires Tore Through Community Read More »

Mortgage Rates Fall Back Below 7% as Markets Gain Steadier Footing in Early Days of Trump Administration

Mortgage Rates Fall Back Below 7% as Markets Gain Steadier Footing in Early Days of Trump Administration

Freddie Mac Mortgage Rates—Jan. 23, 2025 What happened to mortgage rates this week The Freddie Mac rate for a 30-year mortgage fell by 8 basis points this week, to 6.96%, dipping back below 7% after coming in at 7.04% last week. The rate, which finally dropped after five straight weeks of increases, still exceeds oneRead …

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Inside ‘It Ends With Us’ Author Colleen Hoover’s Texas Hideaway-as She Deletes Instagram Amid Blake Lively and Justin Baldoni Lawsuit Scandal

Inside ‘It Ends With Us’ Author Colleen Hoover’s Texas Hideaway-as She Deletes Instagram Amid Blake Lively and Justin Baldoni Lawsuit Scandal

“It Ends With Us” author Colleen Hoover has seemingly been dragged into the bitter legal spat between Blake Lively and Justin Baldoni—deactivating her Instagram account as the battle between the two co-stars reaches shocking new levels. While Hoover, 45, has not revealed her reasons for stepping back from social media, her decision to do soRead …

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Kanye West Reveals He’s Worth $2.77 Billion-$75 Million of That Is in His Property Portfolio

Kanye West Reveals He’s Worth $2.77 Billion-$75 Million of That Is in His Property Portfolio

Kanye West has laid bare his eye-watering $2.77 billion net worth, with over $75 million of that amount being due to his once-booming property portfolio. The 47-year-old “Gold Digger” rapper took to Instagram on Jan. 17 to reveal the astonishing amount to his over 20.5 million followers. West—who is often referred to as Ye—shared aRead …

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Inside the Florida Condo Where Jennifer Kesse Was Last Seen-as Her Family Reveals Their Theory of What Happened to Her

Inside the Florida Condo Where Jennifer Kesse Was Last Seen-as Her Family Reveals Their Theory of What Happened to Her

Jennifer Kesse disappeared without a trace in 2006, leaving her loved ones searching for answers nearly two decades later as to what happened. At the time she went missing, the 24-year-old had just landed a job at a timeshare company and had purchased her first home—an Orlando condo that became the last place she wasRead …

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