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Luxury Home Prices Rose Most in These U.S. Cities

Luxury Home Prices Rose Most in These U.S. Cities

The median U.S. luxury home sale price rose 4.7% year over year to $1.4 million, while non-luxury prices increased 1.5% to $377,477. Luxury homes, defined as the top 5% by price, saw a 2% increase in sales and a 1% rise in new listings. Luxury homeowners are more...
Phoenix Housing Market Poised for New Opportunities Ahead

Phoenix Housing Market Poised for New Opportunities Ahead

The Phoenix housing market is stable, with a slight decline in active inventory but still high availability and longer selling times. Home sales dropped 3% from April, new listings fell 12.4%, and inventory slightly decreased. The median price rose 1.9% to $458,500....
Buyers See New Downpayment Leverage

Buyers See New Downpayment Leverage

Balanced or buyer-friendly conditions now appear across much of the country, giving shoppers more room to negotiate instead of overextending upfront cash. Increased inventory and moderating home prices are easing pressure on buyers, helping some offers compete without...
U.S. Home Prices up 1.29% Yearly

U.S. Home Prices up 1.29% Yearly

Current tracking showed US single-family existing home prices ↑~1.3% yearly, signaling a modest national gain rather than a sharp swing in overall housing values. The measure focused specifically on single-family existing homes, keeping attention on one important...