California State

Housing prices across the U.S. have continued to rise, giving a record number of homes a seven-figure price tag,. Nearly one-in-ten, or 8.5%, of homes are now worth $1 million or more — the highest proportion of all time, according to Redfin data released Friday. That’s more than 8 million U.S. homes worth at least $1 million in June, up more than 10% from a year ago and more than double the share prior to the pandemic.

A record number of homes in America are now worth $1 million or more

Mental_Floss

Trying to find an affordable house in Vermont or New Jersey is tough right now, but those aren’t the only states in the U.S. where home prices are on the rise.

10 States Where Home Prices Are Rising the Fastest

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Trailer Empire

As America’s housing market navigates the shifting tides of mortgage rates, a promising new chapter is on the horizon. Recent declines in mortgage rates have opened the door to transformative changes in the real estate landscape, signaling a potential revival in both buying and selling activities.

Real Estate Market Set to Transform: What to Expect When Mortgage Rates Fall

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?

Markets Insider

As mortgage rates fall, refinancing applications soared 34.5% last week to the highest level in over two years, according to the MBA.

Borrowers are rushing to refinance their mortgages as rates tumble to the lowest level in over a year

Florida State

Orlando, FL

Homebuyer cancellations are cropping up in Florida after a meteoric rise in home prices.

Florida's housing market is seeing 'nightmare scenarios' as buyers back out due to affordability concerns, Redfin says

Louisiana State

Connecticut State

Business Insider

Home prices continue to rebound around the country — especially in these two states.

The 2 hottest states to buy property in right now — and 3 where home price appreciation is being crippled by soaring insurance costs

Colorado State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

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David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Adams County, MS

Mississippi News Group

Written with artificial intelligence assistance. July 26, 2024 – According to the Darkhorse Press, a late-night raid led by the Adams County Sheriff’s Office Special Operations Group resulted in significant drug and firearm seizures, as well as multiple arrests.

Early Morning Drug Bust Leads to Multiple Arrests in Adams County

South Carolina State

Colleton County, SC

Explore Beaufort SC

Some beachgoers were in for a surprise this week when a bizarre looking prehistoric fish washed ashore in Colleton County along Edisto Beach at Edisto Beach State Park. It turned out to be an atlantic sturgeon.

Rare Atlantic sturgeon washes ashore on South Carolina beach

Ohio State

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Many or all of the products here are from our partners that compensate us. It’s how we make money. But our editorial integrity ensures our experts’ opinions aren’t influenced by compensation. Terms may apply to offers listed on this page. KEY POINTS. Mortgage rates have come down...

Prediction: Mortgage Rates Will Drop Before 2025

CBS News

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  On top of record-high home prices, a high interest rate environment has made it too expensive for many Americans to purchase a home. According to the Federal Reserve, the median sales price in the U.S. is $412,300, roughly 30% higher than in 2020. Meanwhile, 30-year fixed-rate mortgage rates have remained elevated for the past couple of years.However, the mortgage market has seen positive signs recently, with average mortgage rates hitting a four-month low in July. According to Freddie Mac,...

Will mortgage rates continue to drop this August? Here's what experts say

Entrepreneur

The average interest rate for a fixed mortgage of 30 years now sitting at 6.47%, per Freddie Mac.

U.S. Mortgage Rates Are at the Lowest Level in 15 Months — Here's Why

Jacksonville, FL

Jacksonville Today

A historic marker could be erected to honor the victims of the racist mass shooting at the Dollar General store in Jacksonville’s New Town neighborhood nearly a year ago. If approved by the Jacksonville City Council, a marker would be installed at Kings Road and Canal Street on Aug. 25, a day before the first anniversary of the shooting, when a white gunman took the lives of three Black people.

Memorial considered to honor Dollar General victims

Applications to refinance a mortgage last week soared as Americans caught on to declining rates. Mortgage rates fell for a second straight week, spurring a 35% weekly increase in mortgage refinancing applications, according to data from the Mortgage Bankers Association published Wednesday. That’s a whopping 118% rise from a year earlier, and the strongest week for refinancing since May 2022.

Mortgage refinancing applications are soaring. Here's why

A report released by the Labor Department on Thursday unexpectedly showed a continued decline by first-time claims for U.S. unemployment benefits in the week ended August 10th. The Labor Department said initial jobless claims fell to 227,000, a decrease of 7,000 from the previous week's revised level of 234,000. Economists...

U.S. Weekly Jobless Claims Unexpectedly Extend Pullback

These are today's mortgage and refinance rates. Mortgage rates dropped a lot this week, and they're expected to fall further in the coming months.

Mortgage Interest Rates Today, August 10, 2024 | Rates Plunged This Week

The 30-year mortgage rate average fell Tuesday, to 6.43%. That's its lowest level in a week, and is not far above the 16-month low of 6.28% that was registered last week. Averages for almost all mortgage rates moved lower Tuesday. National Averages of Lenders' Best Mortgage Rates. Loan Type New...

Mortgage Rates Fall to New 1-Week Low

For a 30-year fixed-rate mortgage, the average rate you’ll pay is 6.57% today, up 0.02% over the last week. The average rate for a 15-year fixed mortgage is 5.99%, which is a decrease of -0.01% from the same time last week. For a look at mortgage rate movement, see the chart below.

Good News for Mortgage Rates as Inflation Falls Below 3%. Today’s Mortgage Rates, Aug. 14, 2024

NewsBreak

Weekly Mortgage Rates Cool; Metro Home Prices Hit Record Highs

This article was first published on NerdWallet.com. Mortgage rates mostly leveled off in the week ending Aug. 15, following last week’s comparatively precipitous drop. 30-year fixed-rate...

Weekly Mortgage Rates Cool; Metro Home Prices Hit Record Highs

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