America’s New $609,000 Home
A new analysis reveals that home prices continue to tick up, albeit modestly.
Housing
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The City to Lose Money On Your House
The housing market has been on a roller coaster that began two decades ago. The Great Recession and the financial crisis that spawned it knocked home prices down; in some cases, the drop was…
The $10 Million House Town
A recent analysis reveals that this California town has a median home listing price of over $10 million.
Buy a $1 Million Home With a $10,000 Down Payment
Zillow aims to will allow people to buy a home with a down payment of as little as 1%.
America’s Zombie Foreclosures
The 2023 Vacant Property and Zombie Foreclosure Report for the third quarter from real estate research firm ATTOM reveals that 1,277,612 residential properties in America are vacant. That is about one in 80 residences.…
Move To Michigan As Soon As Possible
Last October, author Parag Khanna released a book titled “Move: The Forces Uprooting Us.” Due to massive climate change, he called Michigan the best place to live in 2050. Because of the acceleration of…
Detroit’s $1,000 Homes
There are homes for sale in Detroit with prices set at $1,000. And there are a lot of them. The Detroit Land Bank Authority adds more homes to this list every day. Homes with…
You Can’t Afford A House
The era of high home prices and low mortgages ended months ago. As work from home made Americans more mobile, demand in many markets soared, and with that prices. This was particularly true in…
Foreclosures Surge in America’s Poor Cities
A recent analysis reveals the American cities where foreclosures surged in July.
The City With the Most Million-Dollar Homes
In June, 8.2% of residences in the United States boasted a value surpassing $1 million. This statistic is derived from the report “Nearly 1 in 10 U.S. Homes Are Worth at Least $1 Million,…
The City Americans Most Want to Leave
A recent analysis reveals that this California city is the one people want to move away from most.
Cities Where the Most Mortgages Are Underwater
The 2023 U.S. Home Equity & Underwater Report shows that some U.S. homes have underwater mortgages. This is “a combined estimated balance of loans secured by the property of at least 25 percent more…
The Market Where the Most People Make Money Flipping Houses
People who take the risk of flipping homes did very well in the second quarter.
People Can’t Afford A House Again
Two years ago, 3% mortgage rates made buying a home as cheap as it had been for years. However, the flood of people who wanted a home and the Fed’s rate increase quickly took…
The City With The Most Foreclosures
In the first half of 2023, 185,580 U.S. properties had foreclosure filings, up 13% from the first half of 2022 and 185% from the first half of 2021.