Diddy's $70M Los Angeles mansion for sale

Sean "Diddy" Combs is reportedly wanting to cut all ties with Los Angeles.

Housing affordability is Gen Z's top voting issue, Redfin survey finds

Rising housing costs are making it difficult for first-time buyers to secure a home, an issue concerning young voters ahead of November’s election. 

Homes are overvalued in most of the US – and the problem is worse in these 5 states

An overwhelming majority of homes in the U.S. are overvalued as steep mortgage rates and an ongoing housing shortage push the price of real estate even higher.

Housing prices in these states will become 'more affordable,’ Redfin CEO says

The Fed’s handling of rate cuts will play a key role in 2024 housing affordability, but according to one expert, certain U.S. states are already seeing "good" signs.

Average long-term US mortgage rate hovers near 7%

The average 30-year fixed loan was 7.08% this week, according to Bankrate’s latest survey of large lenders. Here’s what a monthly mortgage payment at the current rate would look like.

Baltimore sells $1 houses in effort to combat vacant home crisis

Baltimore, Maryland, city officials approved a program that would sell city-owned vacant homes for next to nothing at $1 for some applicable residents. 

Housing benefits could lure employees back to office, survey shows

Many companies are facing the ongoing dilemma of office versus remote work four years after the pandemic, with a new survey highlighting housing benefits as a potential solution.

Time to sell your home? Here are 3 questions to ask yourself

As someone deeply involved in the real estate industry for decades, I understand that selling your home isn't just a financial transaction; it's a significant life decision. 

Home buyers need to make $47,000 more than in 2020 to afford a home

A new report from Zillow finds that some people are relying on financial gifts to help cover the cost of a down payment for a home or moving to low-cost cities to find affordable housing.

Rent prices are changing thanks to 'apartment-building boom' – what renters should expect

Rent prices are evolving – potentially for the better – in 2024 thanks to an “apartment-building boom," according to Redfin chief economist Daryl Fairweather. Here’s what renters should know.

Housing is expensive for a record half of American renters, study shows

A new Harvard analysis reveals soaring housing costs put a financial strain on millions of renters, with prices spiking during the pandemic.

New housing units for homeless developing next to church in Old City

City leaders and community members broke ground on a new project called Old First House which creates additional housing for the chronically homeless in a converted church in Old City.

US housing market needs 1M more homes to satisfy demand

National Association of Realtors Chief Economist Lawrence Yun argued that policy changes could boost housing supply. The shortage of homes is keeping upward pressure on prices.

The US housing market may be trapped in a prolonged freeze

Fannie Mae economists predicted in a revised forecast that the U.S. housing market faces a prolonged downturn due to high mortgage rates and limited supply.