Markets Insider

Homes in some pandemic boom towns are as much as 30% overvalued, one real estate analyst estimates.

The housing market is close to a rare buying opportunity with prices set to drop in pandemic boom towns, analyst says

24/7 Wall St.

Home prices are at an all-time high in the United States. After rising year-over-year for 11 consecutive months, the median sale price of existing homes hit a record-breaking $419,300 in May 2024, according to a new report from the National Association of Realtors. High prices are largely attributable to a lack of inventory, as high […]
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Cities Where Home Prices Are Actually Falling

Fox Business

Rising home supply and anticipated lower mortgage rates to come will "open the floodgates" for a real estate market "boom," says RE/MAX's chairman and co-founder.

Real estate tycoon explains when house prices will start to drop and 'open the floodgates'

The housing market looks far different than it did when the pandemic was just starting. These charts help explain why. It's no secret that the housing market looks far different than it did a few years ago. While surging mortgage rates and housing prices have taken away consumers' purchasing power,...

The housing market, explained in 6 charts

Las Vegas, NV

Deals are falling through as buyers grow selective and the reality of high housing costs hits home. Nearly 56,000 home-purchase agreements were canceled in June, equal to 14.9% of homes that went under contract that month — the highest percentage of any June on record, according to data collected by Redfin.

More Buyers Canceled Home-Purchase Contracts In June

Lancaster County, PA

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NewsByJoshua

Fans of Frisco's Chicken were left reeling as the beloved Peruvian-style eatery announced the closure of all its locations in Lancaster County, Pennsylvania. The chain, known for its delicious food and strong community values, posted a heartfelt note on its doors, informing customers of the devastating news.

Favorite Chicken Chain Suddenly Closes All Stores, Heartfelt Message Found on Doors

New York City, NY

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Cheryl E Preston

Yesterday was the third time this year that an ad stating Chelsea Clinton lives in a beautiful Virginia home popped up on my laptop. My computer did not warn me this was a dangerous site, so this time, I clicked on the link.

Chelsea Clinton is rumored to be living in Virginia but probably still in NYC

Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels. Jobless claims for the week ending July 20 fell by 10,000 to 235,000 from 245,000 the previous week, the Labor Department reported Thursday. It’s the ninth straight week claims came in above 220,000. Before that stretch, claims had been below that number in all but three weeks so far in 2024.

Fewer Americans file for jobless claims as applications remain at elevated, but not troubling levels

California State

Hawaii State

Real Simple

These unlucky states boast grocery prices well above the national average.

5 States With the Highest Grocery Bills, According to the U.S. Census Bureau

Redfin CEO Glenn Kelman pulled the curtain back on the U.S.' "somewhat slow" real estate market during an appearance on "Cavuto: Coast to Coast."

Redfin CEO says housing market is in a 'funk' as homebuyers weigh election uncertainty

As of Q1 2024, the average sales price of homes sold in the United States was $513,100, according to the Federal Reserve Bank of St. Louis. Housing prices across the board have been on a steady rise over the past 60 years or so, though certain periods have seen dips. Even these have always corrected themselves after a few years, though.

8 Best and Worst States To Buy Property in August 2024, According to Housing Market Experts

Chicago, IL

Foodie in Chicago

Shortly before 3 AM, people in the Chicago area may have felt their houses shake as a 3.4-magnitude earthquake occurred about 60 miles west of the city. (CHICAGO) The United States Geological Survey (USGS) reported a 3.4-magnitude earthquake around Somonauk, IL. Somonauk is in DeKalb and LaSalle Counties, 64 miles west of Chicago.

Did You Feel the Earthquake?

Foreclosure filing for the first half of 2024 fell from the same time in 2023, but some states have seen alarming spikes so far this year, according to a new report.

These states have the highest foreclosure rates in the US

The number of US cities where first-time homebuyers are faced with at least a $1 million price tag on the average entry-level home has nearly tripled in the past five years, according to new research.

A $1 million starter home is now the norm in more than 200 US cities

GOBankingRates

Housing prices have been increasing for the past decade, with median home values soaring to record highs in 2021. While the market has cooled slightly, high mortgage rates and low inventory have kept...

Will Home Prices Crash in 2026?

Americans report spending just under $55,000 on their home sale — a cost that surprised 64% of sellers, according to a new Clever Real Estate survey of 1,000 people who have sold a home since 2022. Selling a home is one of the most lucrative transactions in a person's...

Selling a Home Costs Nearly $55,000 in 2024

Virginia State

Roanoke, VA

Daily Detroit News reports that bedbugs can be transported during travel, and studies suggest that residents in the Commonwealth are hesitant to report or talk about bedbug infestations.

Richmond, Roanoke, and Norfolk, Virginia, are alleged to have a high level of bedbugs

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

Missouri State

Fulton, MO

CJ Coombs

Updated on July 17, 2024, concerning two of the missing children listed below. Bringing them home: for 40 years, the National Center for Missing and Exploited Children (NCMEC) has been helping to locate missing children.

Seven teenagers have been missing in Missouri since June 2024

North Carolina State

Town Talks

Death Disclosure Laws and Property Disclosures in North Carolina. In North Carolina, there is no legal obligation for homeowners or real estate agents to disclose if a death has occurred in a home, whether by natural causes, murder, or suicide. However, if a potential buyer directly inquires about any deaths on the property, the seller is required to provide that information.

If someone dies at your house do you have to tell a potential buyer? What North Carolina law says

NewsBreak

Home sales figures released against a backdrop of rising inventory

Spring and summer is typically the high season for home buying and selling, but sales have been pretty sluggish this year. We’ll get fresh data later...

Home sales figures released against a backdrop of rising inventory

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