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Housing Market

The 10 Most Weed-Friendly Cities in America

Real Estate Witch has once again partnered with Leafly—the number one online cannabis resource and marketplace—to identify the best U.S. cities for weed in 2024.

April 20, 2024

Housing Market

Nearly 20% of Home Sellers Take a Loss in this City—Compared to 4% Nationwide

A new report from Redfin shows nearly 20% of home sellers in San Francisco taking a loss—over four times the national share (4%), largely due to home prices in the area coming back down after soaring during the pandemic.

April 18, 2024

Housing Market

Home Seller Expectations Have Sobered Up This Spring

According to new Realtor.com research, sellers this year are less likely to expect bidding wars and offers over the asking price, and more likely to expect longer days on market, along with fewer buyers willing to waive contingencies.

April 17, 2024

Housing Market

The Best (and Worst) Cities to Buy a Fixer-Upper Home

A new report on StorageCafe identifies the best and worst U.S. cities for buying a fixer-upper, based on a combined metric including average cost savings and the share of active listings represented by fixer-upper properties.

April 16, 2024

Housing Market

Monthly Housing Payments Reach an All-Time High, Climbing 11% Year Over Year

A new Redfin report shows the median U.S. monthly housing payment increasing 11% year over year to a new record high of $2,747.

April 15, 2024

Housing Market

Top 10 Markets for First-Time Home Buyers in 2024

Discover Zillow’s top markets for first-time home buyers in 2024. The Midwest leads, with five of the top ten markets located there.

April 12, 2024

Housing Market

1 in 5 Americans Are Making Big Sacrifices to Afford Monthly Housing Costs

According to a new Redfin report, roughly half of all Americans are struggling to afford housing payments, with 1 in 5 making big sacrifices to cover the costs—including skipping meals, working extra hours, and delaying medical care.

April 10, 2024

Housing Market

The Generations and Metros Least Impacted by High Interest Rates

New Zillow research shows boomer homeowners and those living in less expensive metros are least deterred by the lock-in effect of high interest rates, with Pittsburgh boomer homeowners leading the way.

April 10, 2024

Housing Market

Property Taxes Rose Nearly 7% in 2023—the Biggest Jump in the Past 5 Years

A recent ATTOM report revealed property taxes on single-family homes increased by 6.8% across the United States in 2023, totaling $363 billion, with significant variations in rates across different states, metro areas, and counties.

April 9, 2024

Housing Market

Homeowners Are Feeling the Pinch from Rising Homeowners’ Insurance Rates

Research from Fannie Mae and Freddie Mac shows extreme weather has impacted the cost of homeowners’ insurance for the majority of U.S. homeowners—even more for low-income borrowers and those living in disaster-prone areas.

April 8, 2024

Housing Market

Mark Wahlberg’s “Hollywood 2.0” Vision for Las Vegas Set to Create 10,000 Jobs

Hollywood A-lister Mark Wallberg gets the green light to “turn Las Vegas into Hollywood 2.0” with a $1.8B Sony movie studio in Summerlin, which he expects will create 10,000 new jobs.

April 7, 2024

Housing Market

85% of All Sellers Report a High Level of Service from Their Agent

The National Association of Realtors® has released its 2024 Home Buyers and Sellers Generational Trends Report, showing 85% of all sellers report a high level of service from their real estate agent.

April 4, 2024